会计专业英语（杨晓华）Task 5.pptxVIP

;Mini Case:;Contents:;5.1 Cost of Sales and Merchandise Inventories;Cost of goods sold calculation:;Account and entry; Perpetual Inventory Card;The Journal Entries ;Merchandise Inventory Costing Methods;The cash sales cycle moves from (1) merchandiser purchase to (2) inventory for sale to (3) cash sales. The credit sales cycle moves from (1)merchandise purchases to (2) inventory for sale to (3) credit sales to (4) accounts receivable to (5) cash.;5.2.2 Timing of Revenue Recognition;Comparison of Percentage-of-Completion Method and Completed-contract Method; 5.2.3 Amount of Revenue Recognize