Financial Accounting

Learn the toughest concepts covered in your Financial Accounting class with step-by-step video tutorials and practice problems.

Inventory

Perpetual Inventory - FIFO, LIFO, and Average Cost

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When we sell identical goods, we can choose from several inventory costing methods when calculating Cost of Goods Sold and Ending Inventory.

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Perpetual Inventory:FIFO, LIFO, and Average Cost

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Perpetual Inventory FIFO

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Perpetual Inventory Average Cost

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Perpetual Inventory LIFO

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