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NOOO aU eT TT TTT add doco CHAPTER G2 Daye Financial Kecownbig & Reparting Mev chandicig Operations VUergily (haubvure ap 2 merchardisi hg buys peur. = The mevcbudising entity purcla com iwarlory Sell Te inVertory ¥ | Tnvewtory —_and the wd Te ca pane cyde Conhhver, Foy _carh Sales the cycle ip pen cash to TRentory ad back ty ccth, For tulep on accovt, the cycle prow cahto invenbory to accantr recevuble and back carh, Un .any indorbry the manager stviver to vherten the cycle, The c Hrerale thvenlory ant celledtion ag cork, the htgher The: yorapi ti 2. Detivgvirh tee i home wtatement ap aSevvice entity fren trot 06 a ier chndin hg euhy. = Serie culitier n_pervicer Au teu ta aug propitabific intone Mohemat yall fant ip weeded, Vm figure 371, po pit is mearvred as Ye Nepovenct. etween revenues Lire rerviers and Apower. Th combat, mer char dint enhtier garn port by baying anal Sell iug goods: Vhere entiter yoo The same, bapic Rccoupkirg medrodt av service entittun, but the Divcesn bg Avot selling wordhaudise rea vires Tome wbhoad ca Oy od cobeglt This woyr vervltr in a mare Com lax Tn ctm¢ Dhabemetl To peobde o be ter medrure Of | Perper mane the nome Soytle Scanned with CamScanner Vith ditanal therein’ Fevvive. rreiclind iniey Ta cone Stybenent Dicomne Stabe in ent Ravenvets pron Jerr cer Nebtealee : miner, Cos dieu. Saleen ov i hus i zavale me Gipo. Proit aol d or. riWwrs Cxerhres Tr come or Expenser wale gavale Pagit Vinci Ecqure. Fel Com pon ahr hcove Shedemen be for Sreyvi'ce pbb and Mevehan diss ng £ A Whetin the operahing cycle op 0 menghavd in'by = Thetis, in ent ur ser | Sells he i avonbory avd afer te cash to_puclase move inventory = and he Goce Zadkinver. Foy carhraher, How cyche is pyr ea/h iinvendiry aed back tes carh For paler 6m accom yw Scanned with CamScanner the i pam cosh 4 ltvednry by accoundan tec ein : Trek je zach, Ty any_indorty, the Mond g er ee to shorten the cycle: The pasher Fe ale_op inverting ancl te collect cach, the higher The pregite The te. ih pollowing illvshaber the epernting eyck fF 9 merchard ayer: > Usha = Collection? —> Cary x a \¢ = $ | d 3 Acc ounb \ = Ta vertairy 2 Receivable | Z Saler on'\ i | Carh, Sater Account “Luvedory K | Faler on Account Ftqwe #-2 Operrh py Cycle og 4 Merc handier 4) Nowe ond depuibe at leurt cijht op the hohe oman J Source decemonts Vred) Ww a vs ev chanelin tng, Vualirenr » atl hg Lrtement op account if a fovma\ hice de Ye. habte detailing he accounts already hve. i y) The org fel tec ident Uoe canst 2 eth by . idences Wwe receipt og carh The lle ay the avi hori ed repre rowabive, Tt voter Phe Thweices onid and other Jetaily feats —Gntts ad Scanned with CamScanner t valid aber Te clig indi cater” i : “ita Hague etl lilo credited na acoovyt holden 4c A_ check ty a ae order 4 abank by dept do pay fy amount speder ed det rd in the cheok palin i 2c F (wg _ geet to fhe perpen awed in The gheek, early Cacuing the check i in the payor qh le The receiver is The payee. 5. Wey vrehase nequisidoh rm writen eapvtat} te the Plate Jf aw "owtity fons ah | yen Or Wer i idepartnent oy op the rane ie cab Fiat gods be punchareel. s seenegggs nononne b. The prrdase ovder is 44 autho zation made ltt, © « Lune 1 The oe ller bh deliver The mecchan fiste w Adwiled ¢ ih the pov ‘ ‘ 2 RKecetrtha v, repr rt ino obo wnwul tulasitt avedanihing inprnatin abut 4 gear rece) ved pon vendor. Lt ly rectrdp the 4 vanthion | aust dereri phan op thy gooolp delivers Nyatyned? Bes weld ller & veh te buyer Heat hin amotyb Ae bein Jecrearad ave $e exrate or Hay packet hegviriy wheats Severs Scanned with CamScanner swt NO. sssssnninnoun g) Whe ape. He hep pollowed by Ine merchandige mn i M they prelure Of goods] — The preseluren ame 45 po foun. 1 When _cerbiy itu ano needed, the ver depardnent pile a sree requisihon fovre aud rend it to Yee puxlviy pave ments 2. The purelasing departed then prepares _gyrchapo otder opher che king with the peice luke, galiwn = -catiloor ap approved Vendor, the pur clare erder_addrerereo! ¥ the rleckel vender, indicates the guanhty , derepiption ard pice of the merchundire- erdered, ba |pe indtcaben expected raywoyt terme and SranpoPatven arrohyementy 7 F 3. Ayer receivihg the purchare order, the seller forward ~ Ay invdtce be He put charer upen chip wach op Vee werchicdire The jnvoice — called 9 palo invatce by Yap peller -ted_a prelure invoice by Yne by yet ~ degne.g the + M4 S e Tere! 6 Yoo transaptsons ‘ A Upon cece tg the chipeat op. nalewdive the, uclweth fecetving depar: wnt reer to it Yur the: tener ih that pwcly Order_gve conplich vith, awl prepwer a Prew ly report, Bejan approving tre niclee pov payment the accounts Gnee 4 A Ludgdpbabbddddddddoouuvsesr Scanned with CamScanner INO. svssesernnne DATE ... eae Payable deepartnet ronparer Copley of Hive pure’ a5 . ie - ewure thot avamtitier, checcriptions , avid vical ag ee. Vv T ) Vipperenhabe credit period pron Avcoont period. = When good are old ob accoud , ade Hine called Phe credit period ir o\lowed oe payhort we length 2g the credit peried verde wn or indorries and may ever vary vithih an cubty, deverding on the & piodock. The period zovered by thy Aircount tn th cope © sen dys iceallal Yee clircouwt parton HOH HHHHHH gs 4 Contract tracle_dircoundy Fen car chiscovwahn ~ Some dont he Sree give dircovudr por por yoy heat called ash dfrcour i de dicount Palo ed, Cat ditecout ir Com puted ow Huy net Gyovwt agher Tey ade ‘ Airc ouyd: This pyach te improves Yee Deller’ carh oidion . ' > + ‘ by teeing re Amoud’ op neney th aecounds rece} valle ¢ \ Td Fc our Wee ‘ow FP 4 ayo. Produckr by cause Of wef Folow ar m" Yhe liubprce. Trade dircawdr phould Vet be winpured with cal, dir cornde g) Whe rhtulderp The Thaw porbtn. worbs te the clit yrhig fern is FOB Awipytg rink? FO Ver lion? cee Scanned with CamScanner a s 7 > 7 = > . * . .. B= Dror Yee _preight tern are FOP Hhipping po 8 beyer shoulder te wyppirg cofts. sense eee S Gry the gvds paver fron Foller to The byer when "SD [nvenbiy leave the seller place op bwterr— the Paippt tg yoink Ty Phe ter ave FOO dephimbin, te aller Laser He Ai ob wpb, Ti eo onl hen he goo are received tue bvywr atbrhe pine Aersbreb vis While tabrantty thee eller prt ly tee omer Of He ode tates Sollee swoldoyp Yae Crrwpor ta hen cobs A) Dincurrttee App vo pt botke Trecdaent op the _occowtr = esportation Ly and Jeet por lahien, out. = The phigpin cost borne | the by tac th, + of inveng me 4 a “Jdeted to ah 3, 7 perdi Ja_cecaintitg Pre corkog au axel ——~ fhe merohmdire j — includ i 9. Phippi pe Carb in Cerriedd yh bring the agret to inheled vy pp ey Dee cot og Palen rection dp the 3 C A et 1 | i ; coountip added a —, uti fo te net cor + of pircharer or The erie. oe Shipping cork borne by the vellen ate dghtes Frnv.rg lachion, out accoonh This cour whirh in gly called deli Vey Sips OB Ih Wide ver 4 y idan Apermh babe aaa abd a Scanned with CamScanner DATE «++. income When oud —— ( 1p.) Thee are tow accéplgble ynrentory Dycheinb peepetl| —dirbiyvich ee pron Che ct ——————— Aug) poo, = Farpehal tu ventory fysten” * The penpebral_inVashty Wan aHornakvy Yo Be parted a {hvew the puget : ts ihvedory én is corkinupur ly pla Pa ceo at safe elas, raorchy dl pe weap be ee ac ener Ye teveibney cowl Soh tag tine gp vale, the cot op cales it bebe rnit ed and recorded by a debit to Te cot ofp Calor 4ccount end a credit Jo te snvenbry acco. Witke tank fa ventory pyrhet bath the ‘invadory tyd cos “a paler .a coon” repeui, | Ondeter ‘wvough out ve _accovwtite, periad - ~ Peviadic Tn vey try JS . fem + the pervedl invarory emis prianaily vpedl by opt ¢ C ob vely jreypensive that ane vod yet uri com wet iy pystene to avi lyeo a dA charachent _op He periodic invewlriny a cn eat Swett Scanned with CamScanner enbrive ave made io Phe jhvetuy gevot ar Vke Mere vine i bought Ghol ee Vhen ood S one pucclral a Leparnke ret of of accoutr peribeSecy percbares ar purchares nefirns anol gllowane atc ad dapion ih — ir used td arcana {heel mation pe wef cont o7 the porcharer, Only et th the end Of {ho peried ail _whan {he talon iqventary is coubect,. will en trier dace te Ye invenbry acceunt bo Pali ly i rhe -pooper ba lence. Thy pevizdle Laventory syrten will he -whed ih ee Svearediitg discuss Wht ay the pac ee he 7 omplbation 24 cor} of Goods pold? = The goede avdlable fal te ale _dunhp tHe year w the Lu Of fe fadhes archaea Upvery Foede assonrprareiesl thee | Tbe ute stab wien I Sales Robnnr and Pllowancar —! eye ty wench be dicsaty wrth Ye. mebcbundite petted ste becaitt fe qos ove davogd) ele {ve Hot ° TRAC apce Vssir r viet 2 ceret, Wve buyer may hun the Gale boty roller por ctedik » ep titel war tn jad i atcdunh! ot fu coh rep ind ig Pale, WAr foie each ay Th ‘teller oy jut rahe an allowance tab ita Tinaccee poe is ene oa Ot ao Tghal toc quali by of goede and thy \ meg veplt be. discaticpied cbybome ics. “= forcharne Rehan and Aloviancain « Po s_rebryr awe allovavces bd Cada vi ET taal deck cas chabemend : potclarec ik the __ ofl Lb iy impart vt 4 ceauaby COfne. Beer ee moe Scanned with CamScanner | DATE ....... evenetes ecision waking, 14 rey De very cart) H retin wm chande, here ave Coste that can} be ve cee) chia order tg vores, accowhny posks 4 {Yarn tahin cos br, Abel interest gn The poney Mveted in the gpodtn, There nay alsy Ve lor} paler révwlheg pron poor erdlering Op unsvalable oodr, Freq vent rebrns ray 4 iN fir -hew per chact ng prs dire Or ruyplier> 13) From Hoy, vieepaitd op the eller, hov'glo salem disconke Aigper pes yu clover dlicravets? 5 NO. .... ~ Preler dis cant recers: oe _\reWetion yn the plige of. An hen oe product that a curlon < ue fem retailer, Perchve ole cour Ove The rede ctour Thet tetrilere ane Moren get prone reir clslepalern, Perce diccaub) agpernl be Arex caw chgmd On pyar of factor such arthe Size opthe order, 4_ cvtin pocer of raw maternal, ef ita Gi: vw tre pice fens cotrier fou taler Gye poocly cer vith valoe bax aclded. Dee Account THe Debit Credit May 13 Porchare™ 700, ita Tupot Tax 84,000. Keak Patfa ble $84 000 oe ta ta sh tte ‘ ; - Geis Scanned with CamScanner Date. Neeount Tile Me Se Carl 1,12.0,000 pa * Selah |, 000, 000 Outh Toa (2.0,000 15) What ave the cotepvier of qembny epensen "Drown ad give eXanpler og each, = Bperabing expriver male! yp the thi male garba, the inceWe Phabem ent bora met chondiring "nak Thats are sexpentes, other than the cast af. ler whch are yx curred bo. generate posit prom He enkdy' na jor Jive or pees ew herchandirthy . Tt Se or wary b h group operative ekpentest indo vrepu) categories, Dirlribvtion ctr, ad minvhohite peer oud other opernting ekemenres are thy categorie. Diswibvlin cork op selling eppewer are Vhosg penrer related directly b The oak epprts 4h ymevete Vales, TS Teepe include sales “ala rizr and commisrorne . andl te be loved ve hap loyer peyrel epee 5 advertsn A vhre ployer travelliy : fer e up hen pred: depri ctatten og chee properly anol eg viprat aed tranpor bation our. minirrelivy ergenrer arettere _f wer related ee general od ninirdenhon of Yee bunnem, Tyre inclide _opeicery ard apeice palartes, and He relat od i aa rPrPPPPPPPPP PP PPP Pan annnnann Scanned with CamScanner DATE ..... ees pagidl Sages: ey mpi tad diprialn 2 2¢piet property “anol 24 whet | buinear boxer j y “enero Services; vrcdlechhle accounks Spends aud other \ . Gerrera) oepice Oipe wes: Other cero vy Sxpennes are thore eapenter Hat are not reletel ty the “Central operations op : the buntneny there are exposes and | orres from peri pa or incidental trmrartionr op the enterprise: for olanyle lone ow fale og invertmeutn on lam on sake of preperhy ar) egvipmentts

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