[ FreeCourseWeb.com ] Financial Accounting - Merchandising Transactions
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MP4 | Video: AVC 1280x720 | Audio: AAC 48KHz 2ch | Duration: 12.5 Hours | Lec: 92 | 1.35 GB
Genre: eLearning | Language: English
Merchandising transaction including purchase and sale of inventory, discounts, and returns.
Merchandising transaction, those transaction that deal with inventory, including the purchase of inventory and the sale of inventory. We will discuss related topics including sales discounts, purchase discounts, sales return and allowances, shrinkage and the cost of goods sold calculation. We will also compare and contrast a perpetual inventory system and periodic inventory system, listing and describing the pros and cons of each, explaining when each may be most appropriate in practice.
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