Purchase Discounts Under the Perpetual and Periodic Inventory Methods

I show you how to journalize Purchase Discounts under both the Perpetual and Periodic Inventory Methods. I also show you how the Purchase Discount if properly calculated.

#accounting #inventory #journalentry

Prior videos in the Perpetual vs Periodic Series:
Purchases: https://youtu.be/1yQFStoiD20
Freight-In: https://youtu.be/GQAVVRML15A
Returns and Allowances: https://youtu.be/E0pDJy7nuv0

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