give me an example of merchandising transactiion in accounting?

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give me an example of merchandising transactiion in accounting?

2007-07-31 13:39:11 · 1 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance

1 answers

Examples of transactions involving merchandise:
1. Purchase of merchandise inventory
2. Sale of merchandise
3. Return of defective merchandise to the vendor
4. Return of defective merchandise from your customer to yourself

The site below on "Accounting for Merchandising Activities" would be of help to you.

2007-07-31 17:32:03 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋