Sales Entries: Periodic and Perpetual Methods

In this video we discuss sales journal entries for a merchandising company using both the periodic and perpetual methods. We also cover sales discounts (e.g. 2-10, net-30), sales returns and adjustments to inventory. Journal entries are completed for both methods. For more help with accounting, please visit my website http://AccountingInFocus.com.

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• #sales
• #periodic
• #perpetual
• #returns
• #discounts
• #journal_entries
• #sales_discount_terms
• #calculation
• #formula