Option D. Under a perpetual inventory system, the amount of each type of merchandise on hand is available in the inventory ledger.
What is the inventory ledger?
This is the ledger or the stock of inventory that is able to track all of the transactions that are done in the inventory of the business firm. The inventory is one that tells one of the stock of goods in the firm and this has to match up with what is available in the general ledger of the firm.
The inventory ledger is used by putting the date that the purchases where made in the columns that they should be found. also the description of the ledger has to be entered in the part that says description.
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