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Merchandise Inventory SOFTWARE OBJECTIVES: In Chapter 13, you will use the software
to:
Enter inventory maintenance and default information. Enter inventory item information, including Sales account, Merchandise Inventory account, and Cost of Sales account. Enter item codes when recording purchases and sales. Enter inventory adjustments. Make three backups: two for Richard's Sales & Service; one for the end-of-chapter exercises. WEB OBJECTIVES: In Chapter 13, you will do these Internet activities:
Use your Internet browser to go to the book's website at http://www.mhhe.com/yacht2005 . Go to the Internet Activity link on the book's website. Then, select WEB EXERCISES PART 3. Complete the third web exercise in Part 3Accountant's World. Use a word processing program to write summaries of the websites that you visited.