FIFO, LIFO and Average Inventory: Intermediate Accounting Chapter 8
This video shows the FIFO method (first in, first out) and the LIFO method (last in, first out). It also includes the weighted average or average method. The video shows both the periodic and perpetual method for FIFO and LIFO. We calculate ending inventory and cost of goods sold (COGS).
To download the spreadsheet: https://finallylearn.com/download/fifo-and-lifo-inventory/
Intermediate Accounting Playlist:
https://www.youtube.com/playlist?list=PLfGIgQ5MF87Ai2bWa1sTxIDRPqr6eNI4s
Finally Learn
https://finallylearn.com
Subscribe to Finally Learn
https://www.youtube.com/channel/UC9F-C4lR2gVPokZnLwSzg6w?sub_confirmation=1
#FIFO #LIFO #inventory
Видео FIFO, LIFO and Average Inventory: Intermediate Accounting Chapter 8 канала Finally Learn
To download the spreadsheet: https://finallylearn.com/download/fifo-and-lifo-inventory/
Intermediate Accounting Playlist:
https://www.youtube.com/playlist?list=PLfGIgQ5MF87Ai2bWa1sTxIDRPqr6eNI4s
Finally Learn
https://finallylearn.com
Subscribe to Finally Learn
https://www.youtube.com/channel/UC9F-C4lR2gVPokZnLwSzg6w?sub_confirmation=1
#FIFO #LIFO #inventory
Видео FIFO, LIFO and Average Inventory: Intermediate Accounting Chapter 8 канала Finally Learn
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