Periodic vs Perpetual Inventory methods

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Category:

Education

Tags:

• Periodic
• vs
• Perpetual
• Inventory
• methods

[cristalino2]

Thank You! you sure make it clear..

[viejosdehoy]

Thank you, very simple and straight to the point.

[tricolours92]

thanks for the great explanation :)

however, could u also explain to me what i need to do as an adjusting entry for the end of the financial year under the periodic inventory system. (using your example in your video).

[agcoffee1]

Definitely helped me out!! I also like how you explain what each term means. Likewise, I like how you gave the example of the checking account. Thanks for providing the tips and the steps to attack an inventory problem. :)

[kimfort]

Thanks and I'll be sharing this with my class. By the say, do you hear a bird singing in the background? Nice touch. :))

[Cee0406]

Isn't there a third part missing? Don't u have to figure out the cost of goods sold in periodic records and make the journal entries?

[FluffyPhoenixs]

thanks alot :) hopefully i can bring that knowledge into exams hehe

[inuyashakagome10]

Thank you so much for explaining the difference... i found myself asking what was the difference btw the two and now i know thanks to you =)

[flinagin]

Finally a video which helped clear the confusion between the two.

[Xiaorui1016]

It's helping me. Thx.