会计学原理第五章英文版

1、john j. wild ken w. shaw barbara chiappetta 19th edition mcgraw-hill/irwin copyright 2009 by the mcgraw-hill companies, inc. all rights reserved. 4-3 4-4 equals c 1 4-5 manufacturerwholesalerretailercustomer c 1 4-6 minus equals minusequals p2 4-7 the purchase of merchandise and the collection of ca

2、sh from the sale of merchandise. c 2 4-8 beginning inventory net purchases ending inventory cost of goods sold c 3 4-9 , or , refers to products that a company owns and intends to sell. on june 20, jason, inc. purchased $14,000 of merchandise inventory paying cash. p1 4-10 seller invoice date purcha

3、ser order number credit terms freight terms goods invoice amount p1 4-11 merchandise purchases purchase discounts terms time due p1 4-12 2/10,n/30 purchase discounts discount percent number of days discount is available otherwise, net (or all) is due in 30 days credit period p1 4-13 purchase discoun

4、ts p1 4-14 *$27,000 2% = $540 discount p1 4-15 merchandise inventory accounts payable 5/7 27,000 5/7 27,000 5/15 540 5/15 27,000 bal. 26,460bal. 0 p1 4-16 p1 4-17 x 365 2% 3010 3% enjoyed; 2.34% incurred; so, 0.66% saved! p1 4-19 p1 4-20 p1 4-21 p1 4-22 transportation costs merchandise p1 4-23 trans

5、portation costs p1 4-24 quick check on july 6, 2009, seller co. sold of merchandise to buyer, co. on account; terms of. the shipping terms were . the shipping cost was . which of the following will be part of buyers july 6 journal entry? a. credit sales $7,500 b. credit purchase discounts $150 c. de

6、bit merchandise inventory $7,600 d. debit accounts payable $7,450 fob shipping point indicates the buyer ultimately pays the freight. this is recorded with a debit to merchandise inventory. p1 4-25 cost of merchandise purchased p1 4-26 accounting for merchandise sales p2 4-27 sales of merchandise :

7、to recognize revenue in form of an asset to recognize cost of merchandise sold p2 4-28 sales discounts 销售折扣销售折扣 p2 4-29 sales discounts 销售折扣销售折扣 p2 4-30 sales returns & allowances 销售退回与折让销售退回与折让 p2 4-31 sales returns & allowances 销售退回与折让销售退回与折让 p2 4-32 sales returns & allowances 销售退回与折让销售退回与折让 p2 4-

8、33 c 4 4-34 step 1: close credit balances in temporary accounts to income summary p3 4-35 step 2: close debit balances in temporary accounts to income summary p3 4-36 step 3: close income summary to retained earnings p3 4-37 step 4: close dividends to retained earnings p3 4-38 p4 4-39 p4 4-40 p4 4-4

9、1 -collect information about cogs and cost of inventory periodic inventory system n during the period, the merchandise inventory balance remains unchanged beginning balance, only updated at the end of the period. n during the period, the cost of merchandise is recorded in a temporary purchase account. n when a company sells merchandise, it records revenue but not the cost of goods sold. n at the end of the period, when a company prepares fss, it takes a physical count 实物盘