Lecture 08: FIFO Method. Inventory Accounting. [Intermediate Accounting]

[@reginevaleriecruz23]

sakin lang ba nagb blink yung mismong video during 8 minutes and 30 seconds

[@abishixa]

same sa fifo periodic

[@simpfor_yeon]

Oo

[@ReizelJay]

Very helpful po Sir. Thank you po
P.s: Cramming for integ

[@arabellanoarin839]

HEART HEART TALAGA SAYO SIR WIN HUHU

[@genikkapastrana5803]

San po nakuha yung 4000?

[@krishalorainneoreiro6241]

Thank you sir!❤️

[@seki709]

Saan po ba galing yung sa Periodic FIFO: Ending Inventory na (4000 units x 250) at (14000 units x 150)?
I mean, gets po namin na 18 000 yung total pero bat hindi 5000 x 250 at 130000 x 150 since yun yung total numbers? originally?

[@reinalynpalaruan9852]

Concept:
Pag ending inventory po ang hinahanap, titingin ka po sa last na binili which is yung 16,000 less Purch Return of 2,000 (so 14,000).
Besides, if yung 5k x 250 at 13k x 150 po ginamit nyo 3,200,000 magiging total which would not balanced with FIFO-Perpetual.

[@rinnah4407]

Ending po kasi hanap, nalito ako at 1st 😂, it means natira, so halos lahat ng tira isa from latest na inventory, 4k lang bawas kasi 1k don sa sold napunta, Gets?

[@heyyyitsheids]

Dahil po sa First-In, First-Out. Lahat po nang beginning, everything sa start, must be sold first (Everything na nag IN must be OUT first)

[@marklenardraro7568]

meron ba kayo ng LIFO