How FIFO Inventory Accounting Works in 5 Minutes
1.5 هزار بار بازدید -
2 سال پیش
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Learn FIFO Inventory Accounting in 5 Minutes. In today’s video, we cover FIFO Inventory Accounting or First In First Out.
In this video, I break down this concept with a real-world example followed by a short practice problem that makes learning FIFO Inventory Accounting fast and easy. Check it out!
#Accountingin5minutes
⏱️TIMESTAMPS
0:00 Intro
0:09 What is FIFO?
0:33 Real World Example
1:31 FIFO Inventory Accounting Steps
1:47 What is Cost of Goods Sold
2:01 FIFO Inventory Practice Problem - Calculate Cost of Goods Sold
4:00 FIFO Inventory Practice Problem - Calculate Ending Inventory
4:25 Conclusion of Video
Learn Accounting for FREE in just 5 Minutes: https://bit.ly/AUin5
Subscribe to the Channel for more Fast and Easy Accounting Tutorials: https://bit.ly/subscribe-au
Financial Accounting Accelerator 👉 http://bit.ly/fin-acct-review
Managerial Accounting Accelerator 👉 http://bit.ly/aua-mgr
Learn FIFO Inventory Accounting in 5 Minutes. In today’s video, we cover FIFO Inventory Accounting or First In First Out.
In this video, I break down this concept with a real-world example followed by a short practice problem that makes learning FIFO Inventory Accounting fast and easy. Check it out!
#Accountingin5minutes
⏱️TIMESTAMPS
0:00 Intro
0:09 What is FIFO?
0:33 Real World Example
1:31 FIFO Inventory Accounting Steps
1:47 What is Cost of Goods Sold
2:01 FIFO Inventory Practice Problem - Calculate Cost of Goods Sold
4:00 FIFO Inventory Practice Problem - Calculate Ending Inventory
4:25 Conclusion of Video
Learn Accounting for FREE in just 5 Minutes: https://bit.ly/AUin5
Subscribe to the Channel for more Fast and Easy Accounting Tutorials: https://bit.ly/subscribe-au
2 سال پیش
در تاریخ 1401/02/12 منتشر شده
است.
1,543
بـار بازدید شده