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Lecture Survey of accounting (3/e) - Chapter 3: Accounting for merchandising businesses

The purpose of this chapter is: Identify and explain the primary features of the perpetual inventory system; show the effects of inventory transactions on financial statements; explain the meaning of terms used to describe transportation costs, cash discounts, returns or allowances, and financing costs; explain how gains and losses differ from revenues and expenses;...

Từ khóa: Survey of accounting, Lecture Survey of accounting, Accounting for cash, Accounting cycle, Merchandising businesses, Transportation costs

15 p tvs_fbu 23/06/2016 141 2

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