会计学第五章分析.ppt

Chapter 5 Accounting for Merchandising Operations Conceptual Learning Objectives C1: Describe merchandising activities and  identify income components for a  merchandising company. C2: Identify and explain the inventory asset of  a merchandising company. C3: Describe both perpetual and periodic  inventory systems. C4: Analyze and interpret cost flows and  operating activities of a merchandising  company. Procedural Learning Objectives P1: Analyze and record transactions for merchandise purchases using a perpetual system. P2: Analyze and record transactions for merchandise sales using a perpetual system. P3: Prepare adjustments and close accounts for a merchandising company. P4: Define and prepare multiple-step and single-step income statements. Merchandising Activities Merchandising Activities Reporting Income of a Merchandiser Operating Cycle for a Merchandiser Inventory Systems — 存货 Merchandise Purchases Merchandise Purchases Purchase Discounts Purchase Discounts Purchase Discounts Purchase Discounts Purchase Discounts — 折扣 When Discount is Not Taken When Discount is Not Taken You purchase a batch of products on terms of 3/10, n/90, but your company has limited cash and you must borrow funds at an 11% annual rate if you are to pay within the discount period. Do you take advantage of the purchase discount? Not to use the discount term, pay the full amount (100%) on Day 90th. Use the discount term: Borrow at 11% for 80 days Pay 97% on Day 10th Pay 97%×11%×80/365＝2.34% Purchase Returns Allowances——退回与折让 Purchase Returns Allowances——退回与折让 Purchase Returns and Allowances Purchase Returns and Allowances Transportation Costs Transportation Costs Quick Check ? Cost of Merchandise Purchased Accounting for Merchandise Sales Sales of MerchandiseTwo parts: ⑴ to recognize revenue in form of an asset ⑵ to recognize cost of merchandise sold Sales Discounts — 销售折扣 Sales Discounts — 销售折扣 Sales Returns Allowances——销售退回与折让 Sales Returns Al