WEIGHTED AVERAGE METHOD, FYBCOM (Accountancy ) & FYBAF #Inventory Valuation Part 5 Illustration 5
Hello students
This video is based on Introduction of inventory Valuation for FYBCOM and FYBAF class, it help understand the solve the illustration under weighted average method.
Introduction of Inventory Valuation part 1
• https://youtu.be/SiE8BsEYqLw?si=NVY8KRUd0mXi2Y5N
closing stock is the value of unsold inventory
including raw materials, work-in-progress, and finished goods
that a business holds at the end of an accounting period, such as a financial year. This inventory is used in calculating the Cost of Goods Sold (COGS) and ultimately determines the company's gross profit on the income statement. Closing stock is considered a current asset and is carried forward as the opening stock for the subsequent accounting period.
Inventory Valuation
Inventory valuation is the process of determining the monetary value of goods or materials held in stock by a business. This value is typically recorded on the balance sheet and can significantly impact a company's financial statements.
#FIFO METHOD
#WEIGHTED AVERAGE MATHOD
#Perpetual inventory System
#Periodic inventory System
#Inventory
#valuation
#raw material
#WIP
#Finished goods
Видео WEIGHTED AVERAGE METHOD, FYBCOM (Accountancy ) & FYBAF #Inventory Valuation Part 5 Illustration 5 канала Adhiraj Education
This video is based on Introduction of inventory Valuation for FYBCOM and FYBAF class, it help understand the solve the illustration under weighted average method.
Introduction of Inventory Valuation part 1
• https://youtu.be/SiE8BsEYqLw?si=NVY8KRUd0mXi2Y5N
closing stock is the value of unsold inventory
including raw materials, work-in-progress, and finished goods
that a business holds at the end of an accounting period, such as a financial year. This inventory is used in calculating the Cost of Goods Sold (COGS) and ultimately determines the company's gross profit on the income statement. Closing stock is considered a current asset and is carried forward as the opening stock for the subsequent accounting period.
Inventory Valuation
Inventory valuation is the process of determining the monetary value of goods or materials held in stock by a business. This value is typically recorded on the balance sheet and can significantly impact a company's financial statements.
#FIFO METHOD
#WEIGHTED AVERAGE MATHOD
#Perpetual inventory System
#Periodic inventory System
#Inventory
#valuation
#raw material
#WIP
#Finished goods
Видео WEIGHTED AVERAGE METHOD, FYBCOM (Accountancy ) & FYBAF #Inventory Valuation Part 5 Illustration 5 канала Adhiraj Education
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6 сентября 2025 г. 12:41:50
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