slide1 n.
Download
Skip this Video
Download Presentation
Chapter 5-4

Loading in 2 Seconds...

play fullscreen
1 / 1

Chapter 5-4 - PowerPoint PPT Presentation


  • 104 Views
  • Uploaded on

Accounting for Merchandising Operations. Completing the Accounting Cycle Adjusting entries Closing entries Summary of merchandising entries. Recording Purchases of Merchandise Freight costs Purchase returns and allowances Purchase discounts. Recording

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Chapter 5-4' - hoyt-mcknight


Download Now An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Accounting for Merchandising Operations

Completing

the

Accounting

Cycle

Adjusting

entries

Closing entries

Summary of

merchandising

entries

Recording

Purchases of

Merchandise

Freight costs

Purchase

returns and

allowances

Purchase

discounts

Recording

Sales of

Merchandise

Sales returns

and

allowances

Sales

discounts

Forms of

Financial

Statements

Multiple-step

income

statement

Single-step

income

statement

Merchandising

Operations

Operating

cycles

Inventory

systems—

perpetual and

periodic

Classified

balance sheet

Determining

cost of goods

sold under a

periodic system

Summary of

purchasing

transactions

Chapter

5-4