Thank you for your seventh message.  My comments follow.

China has Father's Day in the same way as the US, too, but I am not familiar with it because it was not celebrated in China in the old days.

Japan has its rainy season now.

Almost every day is a rainy day.

homework

It is Revenue, Expenses, Net Income (Loss).

Beginning Inventory Plus Purchases Less Ending Inventory Equals Cost

of Goods Sold

Beach Toys uses FIFO to value inventory.

The purchase price is rising from $100 to $150.

LIFO is better for Beach Toys.

This is my favorite brand of ice cream:  http://www.icecreamusa.com/breyers/

This is part of the ad that shows food prices in my town:  

http://giantfood.shoplocal.com/index.aspx?pagename=shopmain&zipcode=21012&dssid=1dbc129f-90c5-49ca-ba7e-bfa851537ceb&storeid=1038634&sf=true

This web page is a description of a laundromat:

http://en.wikipedia.org/wiki/Laundromat

This is the gun club's website:  http://www.scfhclub.org/

The next lesson is about the rest of the income statement. 

We learn about operating expenses. 

We finish writing the income statement. 

The next lesson is at:

http://www72.homepage.villanova.edu/susan.stiner/cgu/income206.htm

 

 

 

 

 

 

 

 

 

 

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