[Intermediate Accounting] Discussion 06 - Lower of Cost and Net Realizable Value (LCNRV)

Hi! This is Sir Chua's Accounting Lessons PH.
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Intermediate Accounting
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Discussion 06
Inventories 3
Lower of Cost and Net Realizable Value
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Kevin Troy M. Chua, CPA, CPP
*Certified Public Accountant, October 2014
*CIPP UK Certified Payroll Professional®, October 2020
*BS Accountancy
*Master in Accountancy (CE Pending)
*NC-III Bookkeeping, TESDA
*Content Developer for Accountancy - Course Hero
*Accounting and Finance Lecturer
*Formerly from PwC - Isla Lipana & Co. and SM
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Opening music:

Love Is • Macchiato

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Closing music:

Daystar - Sky Blue / Video
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TO GOD BE ALL THE GLORY, HONOR, AND PRAISE FOREVERMORE!