Inventory with VAT | Journal Entries | Periodic Inventory System

[@pramodparnami6012]

In just 20 Minutes, understood VAT.
THANKS, regards from India

[@flidoofficial1848]

You’re the goddddd of accounting

[@flidoofficial1848]

I’m so sad I discovered this channel at the end of the semester💀💀because he is very good at explaining

[@simonmasunga6887]

very good , i will go through all your video

[@alexanderfulong7817]

Thank you for explaining clearly!

[@aldenaldo5472]

Instablaster...

[@narayanbag6099]

what is the meaning of Stock taking ?
Is inventory valuation and stock taking are same?

[@julezxz]

Can i email some things that confuse me

[@Counttuts]

We provide one on one lessons via an online platform at reasonable rates. You can email us your material and book a session via our email: [e-mail]

[@jagadeshwaranshankar4830]

Can you please explain this?

[@jagadeshwaranshankar4830]

But last video we used inventory debit. But now purchase account debit

[@Counttuts]

That's because we are using periodic inventory in this lesson.

[@jagadeshwaranshankar4830]

@@Counttuts could you please explain why we debit purchase account for the periodic inventory?