Notes

Slide Show

Outline

1	Merchandising Firms Principles of Accounting
2	INVENTORY
3	COST OF GOODS SOLD
4	PURCHASE DISCOUNTS
5	SALES DISCOUNTS
6	PURCHASE RETURNS
7	SALES RETURNS
8	PURCHASE ALLOWANCES
9	SALES ALLOWANCES
10	FREIGHT COSTS
11	COMPARISON
12	Purchase Cycle
13	August 1^st
14	August 1^st
15	August 3^rd
16	August 3^rd
17	August 5^th
18	August 5^th
19	August 9^th
20	August 9^th
21	August 9^th
22	Sales Cycle
23	September 1^st
24	September 1^st
25	September 5^th
26	September 5^th
27	September 7^th
28	September 7^th
29	September 9^th
30	September 9^th
31	September 9^th
32	First Question
33	CORRECT!
34	Second Question
35	CORRECT!
36	Third Question
37	CORRECT!