acct2331 at The University of Houston

4. Transportation In

in Chapter 6 (Video 4 of 10)
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 Chapter 6?

What Did I Miss?