3: Accounting Cycle for a Merchandising Business Last updated Save as PDF Page ID 43075 Christine Jonick University of North Georgia via GALILEO Open Learning Materials 3.1: Introduction 3.2: Merchandising Income Statement 3.3: Basic Merchandising Transactions (Perpetual Inventory System) 3.4: Transportation Costs for Merchandising Transactions 3.5: Basic Merchandising Transactions (periodic inventory system) 3.6: Closing Entries for Merchandising Accounts Thumbnail: www.pexels.com/photo/working-macbook-computer-keyboard-34577/