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    Merchandising Business - Perpetual Periodic

    Uploaded by

    MilrosePaulinePascuaGuda
    The document contains sales data for companies A, B, C, and D across multiple periods. It includes information on sales, cost of goods sold, gross profit, operating expenses and net income/loss. It also contains inventory and purchase information to calculate cost of goods sold using both periodic and perpetual inventory methods. The data is presented in a table with columns for the different companies and rows showing the financial figures for each period.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Merchandising Business - Perpetual Periodic

    Uploaded by

    MilrosePaulinePascuaGuda
    31 views11 pages
    The document contains sales data for companies A, B, C, and D across multiple periods. It includes information on sales, cost of goods sold, gross profit, operating expenses and net income/loss. It also contains inventory and purchase information to calculate cost of goods sold using both periodic and perpetual inventory methods. The data is presented in a table with columns for the different companies and rows showing the financial figures for each period.

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    merchandising business - perpetual periodic

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    © © All Rights Reserved

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    The document contains sales data for companies A, B, C, and D across multiple periods. It includes information on sales, cost of goods sold, gross profit, operating expenses and net income/loss. It also contains inventory and purchase information to calculate cost of goods sold using both periodic and perpetual inventory methods. The data is presented in a table with columns for the different companies and rows showing the financial figures for each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    31 views11 pages

    Merchandising Business - Perpetual Periodic

    Uploaded by

    MilrosePaulinePascuaGuda
    The document contains sales data for companies A, B, C, and D across multiple periods. It includes information on sales, cost of goods sold, gross profit, operating expenses and net income/loss. It also contains inventory and purchase information to calculate cost of goods sold using both periodic and perpetual inventory methods. The data is presented in a table with columns for the different companies and rows showing the financial figures for each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 11

    sales

    less: COGS
    gross profit
    less: OPEX
    Net Income (Net Loss)

    sales
    less: COGS
    gross profit
    less: OPEX
    Net Income (Net Loss)

    purchase
    Add: freight in
    Less: PRA
    Less: Pdiscount
    Net Purchases
    Add: Beg Inventory
    COGAFS
    Less: Ending Inventory
    COGS
    purchase
    Add: freight in
    Less: PRA
    Less: Pdiscount
    Net Purchases
    Add: Beg Inventory
    COGAFS
    Less: Ending Inventory
    COGS
    A B C D E
    440,000 260,000 870,000 1,250,000 1,300,500
    225,000 185,000 640,000 825,000 721,250
    215,000 75,000 230,000 425,000 579,250
    140,000 105,000 320,000 275,000 675,000
    75,000.00 (30,000) (90,000) 150,000 (95,750)

    A B C D E
    440,000 260,000 870,000 1,250,000 1,300,500
    225,000 185,000 640,000 825,000 721,250
    215,000 75,000 230,000 425,000 579,250
    140,000 105,000 320,000 275,000 675,000
    75,000.00 (30,000) (90,000) 150,000 (95,750)
    1 2 3 4 5
    300,000 300,000 300,000 300,000 300,000
    25,000 - 40,000 15,000 25,000
    5,000 55,000 - 21,000 11,000
    0 15,000 - - 18,550
    320,000 230,000 340,000 294,000 295,450
    0 120,000 50,000 10,000 -
    320,000 350,000 390,000 304,000 295,450
    0 - 75,000 75,500 85,000
    320,000 350,000 315,000 228,500 210,450
    perpetual method
    BUYER SELLER
    A b c d e
    47,500 58,155 72,000 85,000 73,000
    2,000 5,000.00 2,250 1,250 1,110
    12,750 2,480 1,750 14,000 2,200
    2750 2,175 - 6,750 1,500
    34,000 58,500 72,500 65,500 70,410
    35000 19,000 17,500 13,000 15,090
    69,000 77,500 90,000 78,500 85,500
    19000 23,500 47,000 18,500 17,500
    50,000 54,000 43,000 60,000 68,000
    PERPETUAL PERIODIC
    BUYER BUYER
    A. Trade discoun 1-Aug inventory 34,200 1-Aug Purchases
    40,000 A/Payable 29,200 A/Payable
    90% Cash 5,000 Cash
    36000
    95%
    34200

    40,000 inventory 1,000 Freight In


    85% A/Payable 1,000 A/Payable
    34000
    Aug 10 A/Payable 15,600 Aug 10 A/Payable
    29200 Cash 15,308 Cash
    14,600 Inventory 292 Purchase Discount
    2%
    292 Aug 15 A/Payable 14,600 Aug 15 A/Payable
    14,308 Cash 14,600 Cash

    B 10000 8-Sep inventory 10,000 8-Sep Purchases


    A/payable 10,000 A/Payable

    11-Sep inventory 500 11-Sep Freight In


    cash 500 Cash

    18-Sep A/Payable 10,000 18-Sep A/Payable


    200 Cash 9,800 Cash
    inventory 200 Purchase Discount

    C 8,000 1-Oct inventory 8,000 1-Oct Purchases


    A/payable 8,000 A/Payable
    4,800
    48.00 14-Oct A/Payable 4,800 14-Oct A/Payable
    Inventory 48 Cash
    Cash 4,752 Purchase Discount

    17-Oct A/Payable 3,200 17-Oct A/Payable


    Cash 3,200 Cash
    14-Oct

    17-Oct
    D 6000 1-Nov inventory 6,000
    A/payable 6,000

    5-Dec A/Payable 6,000


    6000 Inventory 120
    120 Cash 5,880
    PERIODIC PERIODIC PERPETUAL
    BUYER SELLER SELLER
    34,200 Cash 5,000 Cash 5,000
    29,200 A/Receivable 29,200 A/Receivable 29,200
    5,000 Sales 34,200 Sales

    cost of sales 30,000


    inventory

    1,000 A/Receivable 1,000 A/Receivable 1,000


    1,000 cash 1,000 cash

    15,600 Cash 15,308 Cash 15,308


    15,308 Sales Discount 292 Sales Discount 292
    chase Discount 292 A/Receivable 15,600 A/Receivable

    14,600 Cash 14,600 Cash 14,600


    14,600 A/Receivable 14,600 A/Receivable

    10,000 A/Receivable 10,000 A/Receivable 10,000


    10,000 Sales 1,000 Sales

    500 COGS 8,000


    500 inventory

    10,000 Cash 9,800 Cash 9,800


    9,800 Sales Discount 200 Sales Discount 200
    chase Discount 200 A/Receivable 10,000 A/Receivable

    8,000 A/Receivable 8,000 A/Receivable 8,000


    8,000 Sales 8,000 Sales

    4,800 Freight Out 600 Freight Out 600


    4,752 Cash 600 Cash
    chase Discount 48
    Cost Of Sales 6,000
    3,200 Inventory
    3,200
    Cash 4,752 Cash 4,752
    Sales Discount 48 Sales Discount 48
    A/Receivable 4,800 A/receivable

    Cash 3,200 Cash 3,200


    A/Receivable 3,200 A/receivable
    A/Receivable 6,000
    Sales

    Freight Out 500


    Cash

    Cash 5,880
    Sales Discount 120
    A/receivable

    COGS 4,000
    inventory
    RPETUAL
    SELLER

    34,200

    30,000

    1,000

    15,600

    14,600

    10,000

    8,000

    10,000

    8,000

    600

    6,000

    4,800

    3,200
    6,000

    500

    6,000

    4,000

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