Stock Valuation Systems & Methods | Periodic v/s Perpetual | FIFO LIFO AVCO | Commerce Specialist |

[@muhammadislam7987]

I really appreciate the way you explained the whole concept of inventory valuation and its calculations' methods.

[@CommerceSpecialist]

Thx dear Muhammed

[@AmendaKenken]

I really appreciate the way you go in detail to explain these concepts. Thanks to you, I can now know how to calculate FIFO,LIFO, and AVERAGE COST of both periodic and perpetual systems.❤❤

[@CommerceSpecialist]

Ur welcome dear👍🙏

[@lillyswuro4914]

Your teaching is superb sir. Kindly keep on updating.

[@amitjain1229]

Great Explanation. Now this concept is crystal clear. Thank You so much.

[@laminlbarrow3554]

Sir I really appreciate the way you explain this concepts and the calculations. Thanks 🎉
I cannot understand this in class but now you have made me understand it better.

[@CommerceSpecialist]

@@laminlbarrow3554 thanks dear🙏👍

[@josephmanu5664]

I really admire your videos sir.....from Ghana , always following your videos...GOD BLESS U.

[@CommerceSpecialist]

Thx

[@shaad7913]

I love the way you explain all the steps. Thank you, sir.

[@CommerceSpecialist]

Thanks sir

[@sanjaykumarsingh8954]

Unparallel way of teaching🙏

[@CommerceSpecialist]

Thanks Mr. Singh❤️😊🙏👍

[@Timepass1Msub]

First of all Thankyou so much sir for giving us your time , making us understand the concept very clear. Sir my request is please make CPA playlist , it would be very helpful for the students , as many of us cant offer high price coaching And As i always says that you are the BEST Teacher i ever founded on youtube.

[@CommerceSpecialist]

Thanks dear, sure

[@adilmuhammad3237]

one of the best explanation of concept.

[@nakuruheartcentre4218]

i am understanding things i have really struggled with for so long. Thank you so much

[@CommerceSpecialist]

@@nakuruheartcentre4218 ur welcome dear👍🙏

[@zeeshanhanfi5085]

All important point are simplified , Great work sir.

[@CommerceSpecialist]

Thanks dear

[@ashokbbm]

Well explained with so much of clarity. thank you much much Sir 👌

[@CommerceSpecialist]

@@ashokbbm 👍🙏

[@barnabasnsowa4118]

I appreciate you, and your content,you both are invaluable...

[@CommerceSpecialist]

Ths dear🙏👍

[@anujgundecha8743]

Thank you sir loved the way you explained it btw i watched it a day before my exam and it helped me. Thank you 🙏🙏

[@CommerceSpecialist]

Thats nice to know, you are welcome always dear

[@abdirahmanmohamedsheik3607]

Thank you sir. The lecture was very clear clear and intuitive

[@CommerceSpecialist]

Thanks

[@razmohammad423]

❤ excellent 🎉

[@Bash_979]

Simple and wonderful explanation, THANK YOU 🙏🏻

[@CommerceSpecialist]

Thx buddy

[@Mansur-w3y]

I really appreciate you sir, i understand very well the inventory valuation through your presentation.

[@CommerceSpecialist]

🙏👍

[@fatimaal-lawatia7379]

Thank you sir for making it easy and simple explanation.

[@CommerceSpecialist]

🙂

[@razmohammad423]

❤ excellent

[@alisibtain100]

Keep up the great work. Wish you all the best.

[@CommerceSpecialist]

Thanks dear

[@CommerceSpecialist]

Thanks

[@collegefriends9729]

Great 👍👍

[@bushralaghari781]

Great work sir, May Allah bless you♥️

[@CommerceSpecialist]

Thanks a lot Ms. Laghari🙏👍

[@rani-vc5ub]

thank u sir,i have my As level paper tomorrow extremely helpful

[@CommerceSpecialist]

Good Luck dear

[@mahamquraishi4439]

Thanks for a remarkable video sir, your videos are of a great help

[@CommerceSpecialist]

Thanks.

[@মোঃকবিরুলইসলাম-গ৩য]

Thank you very much sir for your way of delivery.Pls show the transaction if purchase return or sales return occurred.

[@nupurtilwani8897]

Thankyou sir for making it so simple and informative keep going !

[@CommerceSpecialist]

Thanks.

[@maryamashfaq-t8r]

great work sir, 👍periodic average method very clearly understood

[@CommerceSpecialist]

Ur welcome dear🙏👍😊

[@nimmioommen8956]

Great video Sir !!!

[@jamilaalbusaidi7453]

Thank you, Sir
Explanation is easy, simple, and fun

[@CommerceSpecialist]

Thx dear

[@explorewithmaroof6666]

Sir will u exolain the inventory errors from becker publication

[@SimranjeetKaur-kq5vj]

Well explained👏👏👏

[@CommerceSpecialist]

Thx simran🙏👍

[@hashirnoor7359]

Great video sir , very helpful.

[@CommerceSpecialist]

Thanks

[@bhavanachoudhary840]

Superb sir ❤Great Explanation 👍🔥🔥 thank you sir ❤

[@CommerceSpecialist]

Ur welcome👍🙏

[@vartikaroy7362]

Understood perfectly thank you sir 💕

[@CommerceSpecialist]

Thanks Vartika

[@frankfrederickdanquah8678]

I really appreciate your kindness. Quality health I pray for, for you. I would be glad if you teach about Quantity Discount Model and ROP. Thanks

[@fazmimuhamed8155]

Sir Do you have the video for Lease liability IFRS16?

[@anshuacharya2660]

Thank you sir 🙏to the point explanation . It helped me

[@CommerceSpecialist]

You are welcome anytime do let me know topics of ur interest

[@zakirshaikh7765]

THANK YOU VERY MUCH. YOUR WORK IS APPRECIATED!

[@CommerceSpecialist]

Thanks dear

[@ankitacharya5307]

Thank you sir it helped me a lot🤘

[@selimmahmud9514]

Very nice class

[@CommerceSpecialist]

Thx dear

[@shahnimashafiqsimin5866]

Thank you so much. Respect 😊

[@CommerceSpecialist]

Ur welcome dear👍🙏

[@dutamos1198]

thanks for the great lecture, I have now understood it well, however, kindly talk about returns.

[@CommerceSpecialist]

Thx dear

[@emmanuelmagai61]

I have been following your lecture notes,they are all simple and easy to understand. You are doing a great job in deed 👏
Please make video(s) on group accounts(consolidation of FS) and more videos on Auditing

[@CommerceSpecialist]

Thx

[@bhsdiwale_chicha1501]

Very well explained sir. Thankyou ❤

[@CommerceSpecialist]

😍👍🙏

[@tanmoychakraborty9705]

Sir beautiful Explanation. but in Practical approach If You mix Sales return or Purchase Return or Debit or Credit Note It will be more Beautiful. Thank You. WE expect more Video From You,

[@alfadecosta5767]

Nice video i love it keep it up

[@CommerceSpecialist]

Thx dear

[@baitullahdanish2196]

outstanding sir

[@CommerceSpecialist]

@@baitullahdanish2196 👍🙏

[@laminlbarrow3554]

Sir,
If a company returns a purchased product or a customer returns a sold product, how are you going to record that in the inventory table in FIFO, LIFO and Average cost. Please clarify

[@CommerceSpecialist]

@@laminlbarrow3554 as negative amount for purchase return n add sakes return to stock

[@aniyma-tz1100]

Shukran for your help mr and depreciation please

[@dollymenghani2210]

Thankyou Sir, very informative, kudos 👍🙏

[@archiyadav4899]

It was really really helpful !

[@CommerceSpecialist]

Thx dear

[@emrankhanmajlish7953]

A good teacher every reading makes easy; you proven it again. best regards , Do you offer Dip-IFRS course.

[@CommerceSpecialist]

Yes dear

[@sundayokoh]

You re a genius ⭐⭐⭐⭐⭐

[@CommerceSpecialist]

Thx dear

[@Globtexich]

Very Good. Thank you

[@siddharthkanojiya9867]

Very useful sir thank you so much 😊

[@CommerceSpecialist]

😊👍🙏

[@NidhinCMA]

sir .. please explain movig average method, its there in CMA US syllabus

[@CommerceSpecialist]

Moving Average n AVCO is the same, depends if its periodic or perpetual system.

[@faysalqureshi7656]

Pretty plain and professional way of teaching.

[@CommerceSpecialist]

Thanks

[@Ilsa_khan]

Thank u so much sir!! You made it so easy

[@shahmafidhu5559]

Thankuu sir ❤

[@CommerceSpecialist]

Thanks

[@mustafakafina4148]

thank you for the valuable video

[@CommerceSpecialist]

You will keep getting more dear

[@mustafakafina4148]

@@CommerceSpecialist glad to hear that , thanks again and I hope you make such videos for the other sections in CMA

[@khinyadanawin9095]

THANK YOU SO MUCH SIR.

[@marwaalbalushi4578]

Thank you sir , its useful and valuable video

[@CommerceSpecialist]

Thanks dear

[@selimmahmud9514]

How do we entry sales return and purchase return?

[@CommerceSpecialist]

Pls watch my video on accounting basics 2, there i have explained it in detail

[@blinkarmygirl5117]

Thank u sir💕

[@CommerceSpecialist]

Ur welcome dear❤️🙏👍

[@augustineaboateng9707]

Between FIFO and LIFO, should the nature of inventory be considered before choosing a valuation method? I hope to hear from you soon . Thank you ,sir, I watch you from New York.

[@CommerceSpecialist]

Yes dear, thats very imp.
Regards

[@paulahunt414]

Thank you!!

[@CommerceSpecialist]

Ur welcome dear

[@baitullahdanish2196]

hope you wil make IFRSs easy for us like this way

[@CommerceSpecialist]

@@baitullahdanish2196 INSHAAllah👍🙏

[@NadiaNadia-gz2fu]

amazing

[@samiralhamdani2835]

Thank you sir. Its very helpful

[@CommerceSpecialist]

Thx dear

[@emmadmughal4721]

Thanks sir. The video helped alot :)

[@ishakkhan9885]

AWESOME

[@YouTubecookings]

Sir Perpetual m AVCO ka Closing Stock $68000 tha or Periodic m Closing stock $65000 h . Y dono method m change ayah .lakin lifo or fifo dono m same h ?

[@CommerceSpecialist]

@@TH-camcookings not necessary, its should be same in units but not in amounts

[@YouTubecookings]

@@CommerceSpecialist sir ma AK Acca Student hon . Agar Mery Exam m y question ata h or to m Perpetual or periodic ma se koi bhi method use karky answer likon to kia vo Galat ho ga ya nahi ? Amount ki form m .

[@CommerceSpecialist]

@TH-camcookings aapko question thheek se pardhna hoga, question may hint diya hota hay system ka

[@YouTubecookings]

@@CommerceSpecialist ok thanks 👍

[@mrmukmmel158]

Thank you sir
Very helpful

[@CommerceSpecialist]

Ur welcome dear😊👍

[@Syed-rg5vl]

Pls i want to know the commpany and patnarship accounts. Thank you sir.

[@CommerceSpecialist]

Sure dear

[@cyrusongaga650]

Sir, why don't we use selling price of &50

[@CommerceSpecialist]

Stock taking is always done on cost, selling orice is used to calculate sales

[@syedakbar4535]

While Calculating closing stock given opening unints as 100 units purchased 200 units on 2 Jan then on 5 feb sale of 700 units if LIFO perpetual method the first is taken from purchases of 2 jan why not first from opening stock

[@CommerceSpecialist]

Thats the requirement of the method, in LIFO we sell from the recent stock, not from the oldest stock

[@Ss-bt4to]

Thank you sooooooo much

[@farinfahim167]

Thank you sir

[@fazmimuhamed8155]

Thank you

[@samkab677]

How to deal with purchase return if any?

[@CommerceSpecialist]

Subtract at cost

[@user-lq7hh5ni9c]

Hi Sir, please upload Part 1 all topics..

[@faysalqureshi7656]

Waiting for more Accounting videos

[@CommerceSpecialist]

Sure

[@PalaniS-ql9sb]

Thanks

[@somajaiswaljaiswal3446]

Sir us cma ki fees aapki kitni hai

[@AyatAbobaker-n8e]

17:20

[@talha8byttalha963]

understandable

[@guledgujaco2349]

This amazing explaining your good teacher ❤

[@pirmuhammadshah3987]

❤❤❤

[@CommerceSpecialist]

Thanks Shah Sahab👍🙏

[@ankitacharya5307]

Make more video sir targeting ca acca cma student

[@CommerceSpecialist]

Sure

[@IsmailKarim-ph2kt]

✌️✌️✌️🙏🙏🙏

[@samaralbalushi7775]

Thank you sir
But I didn’t understand the periodic calculations they were confusing

[@CommerceSpecialist]

Let me know which part, will explain u again.

[@samaralbalushi7775]

@@CommerceSpecialist the FIFO and the LIFO

[@CommerceSpecialist]

Which method, lifo, fifo or avco??

[@samaralbalushi7775]

@@CommerceSpecialist periodic and both method fifo and lifo

[@runsandrallies]

sold 6000 @$50. Sold 1000 @$50.. why we are not considering these @$50

[@CommerceSpecialist]

Selling price is considered to calculate sales, this entire statement is on cost basis

[@shahanaz16]

I'm just so disappointed seeing the likes you have got in your videos, sir. you're such a great tutor but underrated. prayers for you and keep it up sir. 💕🖤🤍.

[@CommerceSpecialist]

@@shahanaz16 Thanks a lot dear. Also there are many who watch but dont subscribe😊

[@abhijithKanhan]

THANK YOU SIR,Very helpful

[@CommerceSpecialist]

@@abhijithKanhan ur welcome dear

[@mdshimulchw686]

Thank you Sir

[@twalalmohammd8028]

Thank you sir, nice explaination

[@CommerceSpecialist]

Thanks dear

[@aliyunura451]

thanks