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Financial Accounting Study Guide: Chapters 5, 6 & 8 (Periodic Inventory, Depreciation, Asset Management)

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Periodic Inventory - FIFO, LIFO, and Average Cost

  • Guided course
    Periodic Inventory FIFO Method
    06:32
  • Guided course
    Periodic Inventory LIFO Method
    04:30
  • Guided course
    Periodic Inventory Average Cost Method
    06:23

Merchandising Company vs. Manufacturing Company

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    Merchandising Companies
    02:03
  • Guided course
    Manufacturing Companies
    04:01

Financial Statement Effects of Inventory Costing Methods

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    Financial Statement Effects of Inventory Costing Methods:Rising Prices
    07:32
  • Guided course
    Financial Statement Effects of Inventory Costing Methods:Falling Prices
    03:00

Physical Inventory Count, Ownership of Goods, and Consigned Goods

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    Ownership of Goods
    03:56
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    Consignment
    04:42

Journal Entries for Bank Reconciliation

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    Bank Reconciliation Journal Entries
    05:12

Sarbanes-Oxley Act

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    Sarbanes-Oxley Act of 2002
    06:35

Petty Cash

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    Petty Cash:Establishing the Fund and Using the Fund
    03:28
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    Petty Cash:Cash Over and Short
    04:45
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    Petty Cash:Replenishing the Fund
    04:05

Sale of Plant Assets

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    Sale of Fixed Assets
    04:50
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    Sale of Fixed Assets
    07:37
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    Sale of Fixed Assets
    05:42

Depreciation: Units-of-Activity

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    Units-of-Activity Depreciation
    04:54
  • Guided course
    Units-of-Activity Depreciation
    07:44
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    Units-of-Activity Depreciation
    03:17

Natural Resources and Depletion

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    Natural Resources and Depletion
    11:37

Depreciation: Straight Line

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    Straight Line Method Through Life of Asset
    05:42
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    Introduction to Depreciation
    11:55
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    Straight Line Depreciation
    06:30

Basket (Lump-sum) Purchases

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    Basket (Lump-sum) Purchases
    08:09

Depreciation for Partial Years

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    Depreciation for Partial Years
    04:51

Asset Impairments

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    Asset Impairment
    10:02

Initial Cost of Long Lived Assets

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    Introduction to Plant Assets (Fixed Assets, PPE)
    11:36
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    Initial Cost of Buildings
    02:00
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    Initial Cost of Land
    09:26

Depreciation: Declining Balance

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    Double Declining Balance (DDB) Depreciation
    12:39
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    Double Declining Balance (DDB) Depreciation
    07:25

Retirement of Plant Assets (No Proceeds)

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    Retirement of Fixed Assets (with Salvage Value)
    05:50
  • Guided course
    Retirement of Fixed Assets (No Salvage Value)
    05:34