The Merchandise Inventory Account

Discussion: the new accounts: MERCHANDISE, PURCHASES, SALES AND Freight IN

Please review Page 399 in the textbook!

  • Additional Practice and Review:
  • Read 404-406
  • Review Questions 1-11 (page 406)
  • Important: Exercise 1-2 (page 407-408)
  • Read Pages 396-401
  • Complete Review Questions 1-17
  • Exercises 2,3,4