Lecture 05: Purchase Transactions. Merchandising Business. [Fundamentals of Accounting]

Welcome to Sir Win - Accounting Lectures. Ang accounting discussion online pero classroom approach. Hindi review, kundi first view. Kaya asahan ang kaunting jokes, kwento at kung ano ano pang mga segwey na nangyayari sa loob ng classroom

Kung gusto nyo ng kwelang kwento habang natuto ng accounting, try nyo pakinggan ang mga paandar ng channel ko. Motto ko sa education, learning while having fun.... at language na dapat naiintindihan. Lapat dapat sa karanasan.

Exercise Problem Link: https://drive.google.com/file/d/1_RVt...

Merchandise Inventory. Periodic. Perpetual. Freight In. Freight Out. FOB Shipping Point. FOB Destination. Finished Goods. Raw Materials. Work in Process. Manufacturing. Gross Method. Net Method. Consignment. FIFO. Average Method. Weighted Average Method. Inventory Estimation. Gross Profit Method. Retail Inventory Method. Mark Up. Mark Down. Net Realizable Value. Purchase. Purchase Return. Purchase Discount. Purchase Allowances. Purchase Commitment. Cost of Goods Sold. Cost of Sale.

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This Youtube channel is made for fun accounting classes.

College students, Senior high schools students with Accountancy, Business and Management ABM strand, or anyone with the need for accounting tutorial online can learn from this channel. It even caters Accounting for Non-Accountants.

It discusses the Basics and Fundamentals of Accounting Partnership and Corporation Accounting, Intermediate Accounting, Advance Financial Accounting and Reporting, Taxation, Management Advisory Services, Auditing Theory, Auditing Problems and some other topics that may be included in CPA Licensure Examinations.

The language used is primarily Tagalog for we are Filipinos living in the Philippines. Accounting Jokes and Life Stories are sometimes incorporated with accounting lessons.

Hope you all enjoy this channel that recreates classroom accounting classes delivered online as accounting tutorial or accounting classes.