Chapter 5: Merchandising Operations
CONCEPT C1
Activities & Cost Flows
ANALYSIS A1
Acid-Test & Gross Margin
PROCEDURE P1
Purchases: Perpetual
PROCEDURE P2
Sales: Perpetual
PROCEDURE P3
Adjusting & Closing
PROCEDURE P4
Periodic Inventory (App 5A)
PROCEDURE P5
Periodic Purchases (App 5A)
PROCEDURE P6
Periodic Sales (App 5A)
PROCEDURE P7
Periodic Worksheet (App 5A)
🎯 PRACTICE
Practical Case Simulation
Master merchandising operations and gross profit calculation!