Merchandising Business: Completing the Accounting Cycle (Part 1) | Adjusting Entries

Completing the Accounting Cycle for a Merchandising Business- Adjusting Entries In this video, we will prepare the adjusting entries for a merchandising business. The video includes a quick discussion about two (2) methods in recording the ending balance of Merchadise inventory-- (1) the adjusting entry method and (2) the closing entry method. Reference: Basic Accounting Made Easy by Mr. Win Ballada and Ms. Susan Ballada Please subscribe: /c/FilipinoAccountingTutorial Follow us on facebook: https://www.facebook.com/filipinoacctg.tutorial/ #AdjustingEntries #MerchandisingBusiness #AccountingTutorial

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