ABM Online PH: Accounting for Merchandising Business

Pagpapakilala

• Channel: ABM Online PH
• Host: Rainier D. Sabino
• Paksa: Mga account titles sa merchandising type of business

Mga Account Titles sa Merchandising

Merchandise Inventory

• Kahulugan: Goods for sale o paninda
• Halimbawa: Sardinas, damit, gamot (para sa pharmacy)

Sales

• Uri: Income account
• Ginagamit Kapag: May nabentang merchandise (cash o on account)
• Normal Balance: Credit

Sales Returns and Allowances

• Kahulugan: Pagbabalik ng defective o unsatisfactory merchandise
• Gamit: Deduction from sales, recorded as debit

Sales Discounts

• Kahulugan: Discount sa regular price bilang insentibo para sa early payment
• Gamit: Contra-sales account

Purchases

• Kahulugan: Cost ng lahat ng merchandise na binili para i-resell
• Gamit: Debited when goods are bought
• Normal Balance: Debit

Purchase Returns and Allowances

• Kahulugan: Deduction from purchases kapag may defective na merchandise na isinauli
• Gamit: Contra-purchase account

Purchase Discounts

• Kahulugan: Discount na binigay ng supplier kapag nagbayad nang maaga

Freight In

• Kahulugan: Gastos sa transportasyon ng biniling produkto
• Gamit: Debited

Freight Out

• Kahulugan: Operating expense para sa transportasyon ng goods sold

Cost of Goods Sold (COGS)

• Ginagamit sa: Perpetual inventory system
• Kahalagahan: Total cost ng product na ibinenta

Karagdagang Impormasyon

• Para sa mas malalim na pag-aaral, panoorin ang ibang videos sa playlist.

Konklusyon

• Sana ay may natutunan sa mga account titles na ginagamit sa merchandising business.