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![Inventory & Merchandising Transactions-Presentations Only Inventory & Merchandising Transactions-Presentations Only](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiT2QbgW_ehwc_HIYTp5VhJEis85fRLNzAE8Kc0Pwv8d_nW9nsptBvI3vVBrEdD9CJ0l8VyHQIlA670K6s9NVkYjh-6qTmyNEyUKEF9_zFn5ANgcyY_hYu1Z9mTmgicWURNnR8xvlW_5Xs/s640/Inventory+%2526+Merchandising+Transactions-Presentations+Only.jpg)
Inventory & Merchandising Transactions-Presentations Only, Merchandising bookkeeping transaction including purchase and sale of inventory, discounts, and returns. FIFO, LIFO
Created by Robert (Bob) Steele
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What Will I Learn?
- Inventory Costing
- First In First Out (FIFO) cost flow method
- Last In First Out (LIFO) cost flow method
- Weighted average cost flow method
- Periodic Perpetual inventory method
- Perpetual inventory method
- 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
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