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Lecture Principles of accounting (2005): Chapter 5 - Needles, Powers, Crosson

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Chapter 5 - Merchandising operations. This chapter introduces the merchandising business and the merchandising income statement. The perpetual inventory system is presented first with the periodic inventory presealed as an alternative. The merchandising work sheet is included as a supplemental objective. | Lecture Principles of accounting (2005): Chapter 5 - Needles, Powers, Crosson