Accounting 101 - Chapter 6 - Merchandise Inventory - Part 1

6.1 Identify accounting principles and controls related to merchandise inventory
6.2 Account for merchandise inventory costs under a perpetual inventory system
6.3 Compare the effects on the financial statements when using the different inventory costing methods
6.4 Apply the lower-of-cost-or-market rule to merchandise inventory

6.5 Measure the effects of merchandise inventory errors on the financial statements

CREDITS:
Horngren’s Accounting, Financial chapters, 13th Ed. - 9780136918448
By Miller-Nobles, Mattison / Published by Pearson Education / Published 01/2020

Pearson Publishing