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I need a study guide of formulas and any other information. I want tables using the information 2. Merchandizing Operating and Reporting and Analyzing Inventory
I need a study guide of formulas and any other information.
I want tables using the information
2. Merchandizing Operating and Reporting and Analyzing Inventory a. Record entries for the perpetual and periodic inventory system b. Calculate COGS c. Compute and interpret Inventory costing methods (LIFO, LIFO, Weighted Average, Inventory Turnover) d. Sales Returns and Allowances e. Purchase Returns and Allowances f. Identify FOB Destination and FOB Shipping Point g. Prepare a multi-step income statement 3. Fraud, internal controls and Cash a. Define Fraud and identify internal control methods b. Prepare a bank reconciliation c. Prepare entries for Petty Cash (establish, reimburse, increase) 2. Merchandizing Operating and Reporting and Analyzing Inventory a. Record entries for the perpetual and periodic inventory system b. Calculate COGS c. Compute and interpret Inventory costing methods (LIFO, LIFO, Weighted Average, Inventory Turnover) d. Sales Returns and Allowances e. Purchase Returns and Allowances f. Identify FOB Destination and FOB Shipping Point g. Prepare a multi-step income statement 3. Fraud, internal controls and Cash a. Define Fraud and identify internal control methods b. Prepare a bank reconciliation c. Prepare entries for Petty Cash (establish, reimburse, increase) Step by Step Solution
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