Accounting 10, 20, 30
Course Configurations
ACCT14
Module 14 : Introduction to Merchandising (Core)
Outcome
Evaluate the operation and viability of a merchandising business from an accounting perspective.
Indicators
(a) | Investigate the difference between a service business and a merchandising business. |
(b) | Analyze local, provincial, national and international examples of merchandising (buying and selling) between producer, manufacturer, wholesaler, retailer and consumer. |
(c) | Evaluate business decisions related to import/export costs, product sustainability, local vs international merchandise and the impact those decisions have on the financial profits/loss of a business. |
(d) | Identify examples of merchandising businesses within the community and examine the viability of the business. |
(e) | Interview an owner of a merchandising business in the community to discuss operational information. |
(f) | Explain the difference between the acquisition price and the selling price of a product. |
(g) | Discuss the meaning of markup, margin and markdown. |
(h) | Explain purchases and their related accounts as being the main record of costs of the merchandise for resale in a periodic inventory system. |
(i) | Design a proposal for a home-based or online merchandising business, including components such as cost price, profit, overhead, selling price, salaries, delivery, advertising, income tax benefits, primary or secondary source revenue, supplier and markdown. |
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R103903
Century 21 Accounting: General Journal(11th ed.)
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(More information)

R032510
Accounting 1(7th ed.)
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Accounting 1. Student Workbook
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Accounting 1. TestGen Test Bank

R025966
Canadian Accountant
This free website provides articles related to accounting and current events that impact Canada at the global, national and provincial levels.
Links :
Click here
Media and Formats :
Website
Price :
Free


Record posted/updated:
March 23, 2022

R009001
Chartered Professional Accountants Canada
This website provides resources that could be utilized to enhance student learning in an accounting, entrepreneurship or financial literacy. The site offers case studies, videos, articles and career information. The resources on the site could be used to introduce or expand on topics in general or for independent guided inquiry. The site specifically addresses the career path and experiences of becoming a chartered professional accountant.
Links :
Click here
Media and Formats :
Website
Price :
Free


Record posted/updated:
March 23, 2022

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Horngren's Accounting. Volume 1(10th Canadian ed.)
This Canadian resource is a soft-covered textbook that effectively address outcomes for the Accounting 10 and 20. The 11 chapters are divided into two parts. The first part addresses the basic structure of accounting, while the second part addresses accounting for assets and liabilities. MyAccountingLab is a portal available with learning tools such as mini-cases, videos and tutorials.

R009354
Horngren's Accounting. Volume 1, Flextext(10th Canadian ed.)
This Canadian resource is a comprehensive workbook that supplements the textbook providing activities with blank templates to match the starters, exercises, and problems from the corresponding chapters.