Merchandising transaction including purchase and sale of inventory, discounts, and returns.
What you’ll learn
- Accounting fundamentals review
- Merchandising transactions
- Record purchase of merchandise
- Record the sale of merchandise
- Perpetual and periodic inventory systems
- Sales discount and purchase discount
- Inventory shrinkage and sales returns
- Financial statements for a merchandising company
- Comprehensive problem of the entire accounting cycle
Requirements
- We should have a basic understanding of financial accounting and debits and credits.
This course includes:
- 12 hours on-demand video
- 20 downloadable resources
- Full lifetime access
- Access on mobile and TV
- Assignments
- Certificate of completion