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-Describe and illustrate the accounting for merchandise transactions. -Describe and illustrate the adjusting process for...

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Accounting

-Describe and illustrate the accounting for merchandise transactions.

-Describe and illustrate the adjusting process for a merchandising business.

-Describe and illustrate the financial statements of a merchandising business.

-Describe and illustrate the use of asset turnover in evaluating a companys operating performance.

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