TAILIEUCHUNG - Lecture Principles of accounting (2005): Chapter 5 - Needles, Powers, Crosson

Chapter 5 - Merchandising operations. This chapter introduces the merchandising business and the merchandising income statement. The perpetual inventory system is presented first with the periodic inventory presealed as an alternative. The merchandising work sheet is included as a supplemental objective. | Merchandising Operations Multimedia Slides by: Gail A. Mestas, MAcc, New Mexico State University Chapter 5 Learning Objectives Identify the management issues related to merchandising businesses. Compare the income statements for service and merchandising concerns, and define the components of the merchandising income statement. Define and distinguish the terms of sale for merchandising transactions. Prepare an income statement and record merchandising transactions under the perpetual inventory system. Supplemental Objectives Prepare an income statement and record merchandising transactions under the periodic inventory system. Prepare a work sheet and closing entries for a merchandising concern using the perpetual inventory system. Prepare a work sheet and closing entries for a merchandising concern using the periodic inventory system. Apply sales and purchases discounts to merchandising transactions. Management Issues in Merchandising Businesses Objective 1 Identify the management .

• Kế toán - Kiểm toán
• Principles of accounting
• Lecture Principles of accounting
• Nguyên lý kế toán
• Financial statements
• Merchandising operations
• Merchandising income statement
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Accounting information
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting