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ch05 Merchandising Operations BAB140
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Textbook:
Financial Accounting: Tools for Business Decision Making, Enhanced eText, 8th Canadian Edition. Paul D. Kimmel. 2020
Chapter 5: Merchandising Operations
Learning objectives:
L O 1: Identify the differences between service and merchandising companies.
L O 2: Record purchases under a perpetual inventory system.
L O 3: Record sales under a perpetual inventory system.
L O 4: Prepare a single-step and multiple-step statement of income.
L O 5: Calculate the gross profit margin and profit margin.
Financial Accounting: Tools for Business Decision Making, Enhanced eText, 8th Canadian Edition. Paul D. Kimmel. 2020
Chapter 5: Merchandising Operations
Learning objectives:
L O 1: Identify the differences between service and merchandising companies.
L O 2: Record purchases under a perpetual inventory system.
L O 3: Record sales under a perpetual inventory system.
L O 4: Prepare a single-step and multiple-step statement of income.
L O 5: Calculate the gross profit margin and profit margin.