Скачать или смотреть Accounting 101 / Accounting Basics - Recording a Cash and Credit Sale

Devon Coombs, CPA discuss the journal entries for accounting 101 transactions of recording a cash and credit sale. After watching this video, you should understand the accounting basics for the journal entries, the accounts impacted, as well as the financial statement impact. This entry covers the same material you would expect is an accounting basics or accounting 101 course.

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Devon Coombs explains how to record a cash sale and credit sale using the perpetual inventory system. He also explains the differences between cash and credit sales. Devon also calculates the gross profit of the sale, as well as the gross profit ratio.

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