Retail Merchandising System (MOSC)

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Cost method of accounting and Retail method of accounting

edited May 10, 2013 4:59AM in Retail Merchandising System (MOSC) 2 commentsAnswered ✓
 Dear All,
1) Can any one explain me the difference between COST METHOD OF ACCOUNTING and RETAIL METHOD OF ACCOUNTING ?

2) Advantages and Disadvantages of COST METHOD OF ACCOUNTING and RETAIL METHOD OF ACCOUNTING ?

Thanks
Mani.

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