A retailer using a perpetual inventory system will make a. the same number of adjusting entries as a service firm does. b. one more adjusting entry than a service firm does. c. one less adjusting...

A retailer using a perpetual inventory system will make a. the same number of adjusting entries as a service firm does. b. one more adjusting entry than a service firm does. c. one less adjusting entry than a service firm does. d. different types of adjusting entries compared to a service firm.