会计学原理nobles acctg商品推销运作第5章学习目标.pdfVIP

Learning Objectives 1. Describe merchandising operations and the two types of merchandise inventory systems 2. Account for the purchase of merchandise inventory using a perpetual inventory system 3. Account for the sale of merchandise inventory using a perpetual inventory system © 2k015 Pearson Education, Limited. 5-2 Learning Objectives 4. Adjust and close the accounts of a merchandising business 5. Prepare a merchandiser’s financial statements 6. Use the gross profit percentage to evaluate business performance. © 2k015 Pearson Education, Limited. 5-3 Learning Objective 1 Describe merchandising operations and the two types of merchandise inventory systems © 2k015 Pearson Education, Limited. 5-4 What Are Merchandising Operations? • Seller of goods • Can be wholesaler or retailer • Inventory is a very important asset • Managing A/R is critical to success © 2k015 Pearson Education, Limited. 5-5 Merchandiser Financial Statements Merchandising • e Statement Merchandising e Statement e Statement differs from a Year Ended December 31, 2015 Year Ended December 31, 2015 Sales Revenue $ 230,000 service Sales Revenue $ 230,000 Cost of Goods Sold (100,000) Cost