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Financial & Managerial Accounting

Financial & Managerial Accounting

The Basis for Business Decisions. Financial & Managerial Accounting. FOURTEENTH EDITION. Williams Haka Bettner Carcello. Chapter 8. INVENTORIES AND COST OF GOODS SOLD. Goods owned and held for sale to customers. Current asset. Inventory Defined. Inventory.

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795 views • 77 slides
INVENTORIES AND COST OF GOODS SOLD

INVENTORIES AND COST OF GOODS SOLD

Chapter 8. INVENTORIES AND COST OF GOODS SOLD. Goods owned and held for sale to customers. Current asset. Inventory Defined. Inventory. BALANCE SHEET. Asset. Inventory. INCOME STATEMENT. Revenue. Cost of goods sold. Gross profit. Expenses. Net income.

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1.05k views • 76 slides
Previous Lecture

Previous Lecture

Previous Lecture. Uncollectible Accounts Reflecting Uncollectible Accounts in the Financial Statements The Allowance for Doubtful Accounts Writing Off an Uncollectible Account Receivable Recovery of an Account Receivable Previously Written Off. Previous Lecture.

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599 views • 40 slides
Inventories and the Cost of Goods Sold

Inventories and the Cost of Goods Sold

Inventories and the Cost of Goods Sold. Chapter 8. BALANCE SHEET. Asset. Inventory. INCOME STATEMENT. Revenue. Cost of goods sold. Gross profit. Expenses. Net income. The Flow of Inventory Costs. Purchase costs (or manufacturing costs). as goods are sold.

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674 views • 24 slides
Inventories and the Cost of Goods Sold

Inventories and the Cost of Goods Sold

Inventories and the Cost of Goods Sold. Chapter 8. BALANCE SHEET. Asset. Inventory. INCOME STATEMENT. Revenue. Cost of goods sold. Gross profit. Expenses. Net income. The Flow of Inventory Costs. Purchase costs (or manufacturing costs). as goods are sold.

★ ★ ★ ★ ★

257 views • 24 slides

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