Principles of Financial Accounting · 免费预览
永续盘存制下商品购货的记录
永续盘存制下，商品购货按发票金额加运费借记存货；在信用期内享受的购货折扣于提前付款时冲减存货账户。
1. The basic purchase entry
The basic purchase entry
2. Credit terms and purchase discounts
Credit terms and purchase discounts
3. Purchase returns and allowances
Purchase returns and allowances
4. Freight-in on purchases
Freight-in on purchases
5. Basic purchase entry
A retailer buys 10,000 dollars of merchandise on credit under the perpetual system. Which entry records the purchase?
6. Terms 2/10 n/30
Invoice terms read 2/10, n/30. What do they offer?
7. Payment within the discount window
Under the perpetual system, a buyer pays a 10,000 dollar invoice within the discount period, taking the 2 percent discount. Which entry is correct?
8. FOB shipping point
Goods are shipped FOB shipping point, and the buyer pays the carrier 300 dollars. How is the freight recorded under the perpetual system?
9. Discount amount
A buyer takes a 2 percent discount on a 10,000 dollar invoice. Compute the discount in dollars, number only.
10. Inventory cost after freight
A buyer records a 10,000 dollar purchase plus 300 dollars freight-in, then returns 1,000 dollars of goods to the supplier. Compute the resulting inventory cost from this activity in dollars, number only.