ACCT 284 at Iowa State University

5. Transportation In

in Topic 5 (Video 5 of 11)
Transportation in matters, but transportation out never really gets talked about. What's the deal with that?

This Video Mentioned Some Formulas

Sales Revenue
– Sales Returns and Allowances
– Sales Discounts
Net Sales
Purchases
– Purchase Returns and Allowances
– Purchase Discounts
Net Purchases
+ Transportation In
Cost of Goods Purchased

Did I miss anything in Topic 5?

What Did I Miss?