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Business/A 654 BusinessA 654 Business A 654 CHAPTER 5 PART 1
Business A 654 CHAPTER 5 ACCOUNTING FOR MERCHANDISING OPERATIONS CHAPTER LEARNING OBJECTIVES 1. Identify the differences between service and merchandising companies 2. Explain the recording of purchases under a perpetual inventory system. 3. Explain the recording of sales revenues under a perpetual inventory system 4. Explain the steps in the accounting cycle for a merchandising company 5. Distinguish between a multiple-step and a single-step income statement a6. Prepare a worksheet for a merchandising company. a7. Explain the recording of purchases and sales of inventory under a periodic inventory system.
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27 Oct 2016
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Business/A 654 BusinessA 654 Business A 654 CHAPTER 5 PART 1
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