What Is the Revenue Account for a Merchandising Business Entitled?

Answer

The revenue account for a merchandising business is entitled to sales. The cost of merchandise sold is deducted from sales. Chapter 5 Accounting for merchandising business shows how cost of merchandise sold is deducted from sales to get gross profit. This chapter also shows how operating expenses are deducted from gross profit that gives net income.
Q&A Related to "What Is the Revenue Account for a Merchandising..."
Sales.
http://wiki.answers.com/Q/What_is_The_revenue_acco...
The revenue account for a merchandising
http://www.chacha.com/question/what-is-the-revenue...
1. Cash flow 2. Margins 3. DSO 4. Sales 5. Cash flow Rindge Leaphart http://rindgeleaphart.wordpress.... Embed
http://www.quora.com/Business/What-are-the-top-5-q...
An accounting cycle is the sequence of recording financial information. here is the accounting cycle for all types of businesses. http://www.accounting-world.com/2011/04/….
http://answers.yahoo.com/question/index?qid=201203...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com