Inventory Exercise Part 2 (LIFO, FIFO, Average Cost)

This is part 2 of a video that is intended to walk you through an inventory exercise using the basics of using LIFO and FIFO under both the periodic and perpetual inventory systems. A blank copy of the exercise is available by visiting http://evergreen.loyola.edu/~ktrich

Category:

Education

Tags:

• Accounting
• Practice Problems
• Inventory
• LIFO
• FIFO
• Perpetual
• Periodic
• Introductory Accounting

[AyOChickO]

The periodic system is way eassier than the pertetual system 

[Albadi692]

Thanks you really pass the communicate exam , now I can say

[luisespa89]

I finally get it!!!! sometimes my Prof. makes things so confusing!

[kindiend]

Your videos on FIFO and LIFO completely helped! It finally just clicked for me! Lifesaver!!!

[AATStudent2010]

Thanks for this really good tutorial, found it very helpful

[bfrances9]

yeah!! thanks again!