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30 Cards in this Set
- Front
- Back
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BEGINNING INVENTORY
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COST OF MDSE AVAILABLE - NET PURCHASES
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ENDING INVENTORY
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COST OF GOODS AVAILABLE - COST OF MDSE SOLD
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PURCHASES
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COST OF DELIVERED MDSE - TRANSPORTATION IN
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NET PURCHASES
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COST OF MDSE AVAILABE - BEGINNING INVENTORY
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PURCHASE DISCOUNT
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NET PURCHASES = PURCHASE RETURN & ALLOW. - TRANSPORTATION IN - PURCHASES
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SALES DISCOUNT
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SALES - SALES RETURN & ALLOW. - NET SALES
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NET SALES
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SALES - SALES DISCOUNT - SALES RETURN & ALLOWANCE
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COST OF MDSE SOLD
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NET SALES - GROSS PROFIT
OR COMA - ENDING INVENTORY OR BEG. INVENTORY + NET PURCH - ENDING INVENTORY |
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COST OF DELIVERED MDSE
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PURCHASES + TRANSPORTATION IN
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COST OF MDSE AVAILABLE
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BEG. INVENTORY + NET PURCHASES
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GROSS PROFIT ON SALE
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NET SALES - COST OF MDSE SOLD
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NET INCOME
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NET SALES - COMS - EXPENSES + OTHER INCOME
OR REVENUE - EXPENSES |
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NEW CAPITAL
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BEG. CAPITAL + NET INCOME- DRAWING
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FOB SHIPPING POINT
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BUYER PAYS THE SHIPPING CHARGE
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FOB DESTINATION
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SUPPLIER PAYS THE SHIPPING CHARGES
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BEGINNING INVENTORY
|
COST OF MDSE AVAILABLE - NET PURCHASES
|
|
|
ENDING INVENTORY
|
COST OF GOODS AVAILABLE - COST OF MDSE SOLD
|
|
|
PURCHASES
|
COST OF DELIVERED MDSE - TRANSPORTATION IN
|
|
|
NET PURCHASES
|
COST OF MDSE AVAILABE - BEGINNING INVENTORY
|
|
|
PURCHASE DISCOUNT
|
NET PURCHASES = PURCHASE RETURN & ALLOW. - TRANSPORTATION IN - PURCHASES
|
|
|
SALES DISCOUNT
|
SALES - SALES RETURN & ALLOW. - NET SALES
|
|
|
NET SALES
|
SALES - SALES DISCOUNT - SALES RETURN & ALLOWANCE
|
|
|
COST OF MDSE SOLD
|
NET SALES - GROSS PROFIT
OR COMA - ENDING INVENTORY OR BEG. INVENTORY + NET PURCH - ENDING INVENTORY |
|
|
COST OF DELIVERED MDSE
|
PURCHASES + TRANSPORTATION IN
|
|
|
COST OF MDSE AVAILABLE
|
BEG. INVENTORY + NET PURCHASES
|
|
|
GROSS PROFIT ON SALE
|
NET SALES - COST OF MDSE SOLD
|
|
|
NET INCOME
|
NET SALES - COMS - EXPENSES + OTHER INCOME
OR REVENUE - EXPENSES |
|
|
NEW CAPITAL
|
BEG. CAPITAL + NET INCOME- DRAWING
|
|
|
FOB SHIPPING POINT
|
BUYER PAYS THE SHIPPING CHARGE
|
|
|
FOB DESTINATION
|
SUPPLIER PAYS THE SHIPPING CHARGES
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