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TABLE OF CONTENTS

Exercise #
Unit 1 ercise !"1 ercise !"! ercise !"( ercise !"+ Unit ( " E ercise ("1 E ercise ("! E ercise ("( E E E E E ercise ("+ E ercise ("2 E ercise ("3 " E ercise ("6 E ercise ("7 E ercise ("8 E ercise ("19 E ercise ("11 E ercise ("1! " E ercise ("1( E ercise ("1+ E ercise ("12 E ercise ("13 E ercise ("16 " " E ercise ("17 E ercise ("18

Exercise Title
Review of the Accounting Cycle for a Service Business Business Case# $iscussion %uestions Classification of &te's )atching Ty*e Business For's Accor,ing to Activity
The Accounting Cycle " )erchan,ising Business# $iscussion %uestions

-ey Ter's .1"!/# &ntro,uction to )erchan,ising Business )o,ifie, True or False 0er*etual vs 0erio,ic &nventory Syste' Tra,e 1 Cash $iscount Calculations 0urchase 1 Sale of )erchan,ise with Returns 1 0artial 0ay'ent 0urchase 1 Sale of )erchan,ise with Tra,e 1 Cash $iscounts 4ournali5ing )erchan,ising Transactions -ey Ter's .("+/#&ntro,uction to )erchan,ising Business &,entification Four Cases of Freight 4ournali5ing )erchan,ising Transactions with Freight 1 $iscounts un,er the 0erio,ic &nventory Syste' :alue A,,e, Ta .:AT/ on )erchan,ise 0urchase, :alue A,,e, Ta .:AT/ on )erchan,ise 0urchase, an, Sol, Co'*leting the Ta;le -ey Ter's .2/# :alue A,,e, Ta .:AT/ )ulti*le Choice Ca*ital E *en,iture vs< Revenue E *en,iture 0ro*erty= 0lant 1 E>ui*'ent 4ournali5ing Co'*utation of 0lant Asset Costs 1 ?ain or Loss on $is*osal Through Sale Seatwor@# 0lant= 0ro*erty 1 E>ui*'ent -ey Ter's .3/# 0lant= 0ro*erty 1 E>ui*'ent 0re*aration of Functional"for' &nco'e State'ent Co'*utation of )issing A'ounts

Submitted by: ____________________________ IBA !"#A$A% Karl Isidore . Student I! &o. ''3'()*3

Course: B.S. in Accountancy Section: K32

TABLE OF CONTENTS

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%ui5 No< 1 %ui5 No< ! %ui5 No< (

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&ntro,uction to )erchan,ising Business Freight Ter's 1 :alue"A,,e, Ta 0lant= 0ro*erty 1 E>ui*'ent

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Submitted by: ____________________________ IBA !"#A$A% Karl Isidore . Student I! &o. ''3'()*3

Course: B.S. in Accountancy Section: K32

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