Search for tag: "lifo accounting"

D503-Ch10-Vid-C

From  Gary Kern 22 plays 0  

A186 05-3 Accounting for Receivables & Inventory Cost Flow

From  James Adoba 58 plays 0  

LIFO Perpetual

LIFO concepts applied every time we make a sale or prepare financial statements. Isn't that sweet?

From  Douglas Barney 155 plays 0  

LIFO Periodic

Still the dreaded LIFO method, but at least we need only apply it once a period.

From  Douglas Barney 155 plays 0  

FIFO Periodic

Check this out - FIFO periodic and FIFO perpetual provide the same result for financial reporting.

From  Douglas Barney 218 plays 0