First In First Out (FIFO) | PERIODIC Example

[@wellingtonnwaggz4889]

just imagine I have been struggling to understand the FIFO using periodic Inventory system since from grade 11 and I only understand it now in 2023 I have 5 years struggling but you have managed to help me with just a 10 Minutes video , I wish you were my father or relative shem

[@sarahmadonsela6275]

this was explained so well, and I now enjoy using the FIFO method way more than the others

[@jeaneenwilliams6777]

Your example was clear and easy to follow. Thank you!

[@ziyandaskade401]

my question is a bit tricky, calculate the value of sales
Info provided opening stock, closing stock, purchases, purchases returns, Import duties and gross profit and not provided with the cost per unit. How do I go about this one?

[@khanyo9979]

Thanks ...you made this easier and this method is fast I used to calculate using the table method and it’s time consuming.

[@bongiswafuze5880]

it was clearly explained thank you❤❤

[@lesegomogale2405]

Thank you so much for, well explained.

[@keletsoletsawu3435]

I didn't understand FiFo but now I understand it

[@AZ-ij6co]

This is so simplified thanks!

[@fikilenyuswa-xh2iy]

Thank you for the help ❤️

[@leratomariti4017]

Can you please explain something to me. Lets say on the day of purchase, the freight cost of R500 were paid. How do we record it on the graph.

[@lepatamolotja9486]

I LOVE YOU MAN❤

[@brendanaku2909]

Thanks be blessed what of sales and purchases

[@kiduaalute603]

Thank you

[@NicaKasende]

😭😭 literally found this video after my acvounting test ... i lost so many marks

[@angieflama828]

How did u get the sales of 24,000 in November?

[@mikeoxlong393]

It was given

[@haarmialek6004]

thanks

[@neetukumari4954]

Where are you from

[@nancychingandu7661]

Could you please kindly do a video on Process Costing chapter 12 cost accounting. Thank you

[@akhogama1306]

How to calculate value of the inventory of materials

[@surafelgetye-iq9ft]

385000

[@sikhanyisogumede5886]

Same

[@HamidAli-kb2mm]

Thank you