Inventories and Retail Operations
ebook ∣ Financial Accounting Fundamentals, no. 4 · Financial Accounting Fundamentals
By Hercules Bantas

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Accounting for retail operations and inventories is the focus of this essay-length study guide. Arranged in three sections, it explains and demonstrates a range of concepts including perpetual and periodic inventory systems, FIFO and LIFO inventory costing methods, and gross profit.Part of the Accounting Fundamentals Series.