Shared Flashcard Set

Details

Departmental Expense
TCA 221
7
Accounting
Undergraduate 2
02/25/2016

Additional Accounting Flashcards

 


 

Cards

Term
BI
Definition
Beginning inventory
Term
+Ip
Definition

Plus

Inventory Purchases 

Term
=gafs
Definition

equals

Goods Available for Sale

Term
-EI
Definition

Less 

Ending Inventory

Term
=CoGC
Definition

Equals

Cost of Goods Consumed 

Term
-gui
Definition

Less

Goods Used Internally

Term
=CoGS
Definition

equals

Cost of Goods Sold

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