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Introduction to Accounting

This book looks in depth at the transactions, processes and controls used to record typical transactions in a business. In sales you will learn how to handle returns, discount and freight charges as well as working out the cost of goods sold. In inventory you will see the two different methods of counting inventory, periodic and perpetual, as well as the different methods of calculating value of the inventory and the associated journal transactions to record the necessary adjustments.
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  • Manufacturer: Avon College Press

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