LibGuides: ACC-2001: Week 6 Resources

Week 6 Resources

Principles of Accounting Volume 1 Financial Accounting by OpenStax
ISBN: 9781947172678
Publication Date: 2019
Franklin, M. et al. (2019). Principles of Accounting, Volume 1: Financial Accounting. OpenStax.
Read the sixth chapter “Merchandising Transactions” (pg. 365 to 407). This week’s content introduces the merchandiser and related accounting requirements. Merchandisers buy inventory ready for sale, add an amount for margin and set the selling price for the consumer. Students will be introduced to new accounts and their placement on the financial statements for the merchandiser. The recording of sales and inventory transactions is illustrated. The periodic and perpetual inventory systems are defined and explained. Students should focus on the flow and recording of inventory transactions.
Accounting for Managers by C. A. . C. Rama Gopal
ISBN: 9788122427158
Ramagopal, C. Accounting for Managers, New Age International Ltd, 2009. ProQuest eBook Central.
This resource provides insight into the use of accounting by practicing managers. Information will focus on the use of accounting in decision analysis as opposed to creation of information. Management accounting reports (pages 337-348) serve as the basis for more operating decisions.

Sweet Peas Stitchery: A Case Of A Start-up Merchandiser-Part A
Gruben, K. H., & Fletcher, L. B. (2014). Sweet Peas Stitchery: A Case Of A Start-up Merchandiser-Part A. Journal of the International Academy for Case Studies, 20(1), 1-7.
The article gives an overview of the operations of a start-up business.
Instructors' Notes: Sweet Peas Stitchery: A Case Of A Start-up Merchandiser - Part B
Gruben, K. H., & Fletcher, L. B. (2016). Instructors' Notes: Sweet Peas Stitchery: A Case Of A Start-up Merchandiser - Part B. Journal of the International Academy for Case Studies, 22(2), 101-109.
Sweet Peas Stitchery: A Case Of A Start-up Merchandiser - Part B
Gruben, K. H., & Fletcher, L. B. (2016). Sweet Peas Stitchery: A Case Of A Start-up Merchandiser - Part B. Journal of the International Academy for Case Studies, 22(1), 103-111.