Describe the difference between a service and merchandising
firm. Give an example of each from publicly traded companies.
Give a detailed example of the recording of purchases under a
perpetual inventory system including returns, allowances and
discounts.
Give a detailed example of the recording sales revenues under a
perpetual inventory system including returns, allowances and
discounts.
Give a detailed example of the recording of purchases under a
periodic inventory system including returns, allowances and
discounts.
Give a detailed example of...