Chapter 6 — Merchandising Transactions
Chapter 6 Outline
6.0 Why It Matters
LO 6.1 Compare and Contrast Merchandising versus Service Activities and Transactions
LO 6.2 Compare and Contrast Perpetual versus Periodic Inventory Systems
LO 6.3 Analyze and Record Transactions for Merchandise Purchases Using the Perpetual Inventory System
LO 6.4a Analyze and Record Transactions for the Sale of Merchandise Using the Perpetual Inventory System
LO 6.5 Discuss and Record Transactions Applying the Two Commonly Used Freight-In Methods
LO 6.6 Describe and Prepare Multi-Step and Simple Income Statements for Merchandising Companies
