Slide 1 Slide 2 1 Chapter 5 Merchandise Accounting & Internal Control Slide 3 2 Key Concepts & Objectives u Sales Adjustments Net Sales –Discounts: Trade, Quantity…

1.es ri n to ve In r6 te ap Chc. 2014 Cengage Learning.   All Rights Reserved.  May not be copied, scanned, or duplicated, or posted to a publicly accessible website,…

Slide 1c. 2014 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, or posted to a publicly accessible website, in whole or in part. Inventories…

Inventories After studying this chapter, you should be able to: 7-2 Inventories (continued) 7-3 Describe the importance of control over inventory. 1 7-4 7-* Two primary objectives…

Inventories After studying this chapter, you should be able to: 7-2 Inventories (continued) 7-3 Describe the importance of control over inventory. 1 7-4 7-* Two primary objectives…