INVENTORY VALUATION (FIFO & WEIGHTED AVERAGE) - PART 1

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  • Опубликовано: 24 дек 2024

Комментарии • 217

  • @nafiuharuna9598
    @nafiuharuna9598 Год назад +9

    I LOVE THIS GUY, I'VE TRIED SO MANY EXAMPLES WITH FIFO and I HAVE GOTTEN IT RIGHT. I LOVE THIS GUY.

  • @ikslatt
    @ikslatt 2 года назад +93

    wow.. this channel is a gem 💎.. this man has no idea he's saving lives 🙏🙏🌠

  • @blessingsmithi6203
    @blessingsmithi6203 Год назад +14

    U make accounting to be easier.keep on teaching us sir

  • @zwakelemabaso9981
    @zwakelemabaso9981 28 дней назад +1

    This guy is the best, He makes things easier

  • @almondallaine3257
    @almondallaine3257 Год назад +8

    From Kenya, understood sir. God bless you

  • @cheropNema-sr3di
    @cheropNema-sr3di 4 месяца назад +6

    hey sir you have no idea how your videos are helping me ...i can see an A in accounting 🙏🙏🙏 thanks so much

  • @thozamabuda3348
    @thozamabuda3348 Год назад +2

    The only teacher I understand. Thank you so much Sir

  • @MaryAnnMatthew-Adebisi
    @MaryAnnMatthew-Adebisi 4 месяца назад +3

    From Nigeria, thank you so much making account so easy for me God bless you

  • @shadreckkayombo3404
    @shadreckkayombo3404 Год назад +2

    Wow I categorically luxuriated your wisdomaticatially expoundations

  • @kiconcomonicah6163
    @kiconcomonicah6163 2 года назад +4

    the best tutor ever, now on saturday am going to pass my exams.

  • @emmanueleyo2186
    @emmanueleyo2186 10 месяцев назад +3

    thank you for making accounting easy sir.....Thank You🙂

  • @The_Scalper_Way
    @The_Scalper_Way 2 года назад +3

    I never understood this in class but know after watching this video I understood these valuation method. thank you very much 🙏🙏👏👏

  • @Lecowza
    @Lecowza 6 месяцев назад

    It’s my first time doing accounting and I got a 100% in my previous assignment with your help. Thank you very much Sir.

  • @OumaRonald-j9j
    @OumaRonald-j9j 3 месяца назад

    am from Uganda , I enjoy ur discussion u made accounting easy for me , the way u simplify accounting for the low learners God bless you Dr.filex

  • @ify_smile6971
    @ify_smile6971 2 года назад +2

    This video helped me in my exams
    God bless you 🙏

  • @peterchok8769
    @peterchok8769 5 месяцев назад +1

    You are a good teacher, God bless you more and give long live

  • @olurantiakinde-cd7pp
    @olurantiakinde-cd7pp Год назад +2

    You're a life saver sir.
    I love 💕 your teaching. Very explanatory

  • @olajideoluwatomilolapeace4320
    @olajideoluwatomilolapeace4320 2 года назад +3

    Thanks so much sir u just made my fear on dis topic to be solved thanks dearly 😅😅 God bless you more

  • @Yinkuzzy
    @Yinkuzzy 2 года назад +14

    I really appreciate your efforts sir, you are really saving lives with your videos❤️💯

  • @mbwanarajab4756
    @mbwanarajab4756 2 года назад +2

    Your very bright lecture..
    In Tanzania we like to join with FOG Accountant

  • @joechibangu2007
    @joechibangu2007 Год назад +4

    Excellent explanation 😍

  • @IsaacAddae-cz3yc
    @IsaacAddae-cz3yc 4 месяца назад

    Thank you for making Accounting easy may God promote you

  • @Descee
    @Descee 5 месяцев назад

    Best accounting teacher ever. Kudos

  • @chavellethomas630
    @chavellethomas630 2 года назад +1

    i have this exam this evening and this as so helpful and clear

  • @chuolriekchuol9074
    @chuolriekchuol9074 8 месяцев назад

    Thank you you
    I get all my A through this channel
    Thank you very much sire
    May God continue to bless you
    Live in South Sudan

  • @ItsVera-fn6hb
    @ItsVera-fn6hb 6 месяцев назад

    Sir you have no idea how these lessons are impactful to us 😢❤

  • @niwemutoniannedivine773
    @niwemutoniannedivine773 9 месяцев назад +1

    wooouuu thank you brother you saved my marks🥰😍

  • @wisdomdawu6246
    @wisdomdawu6246 3 месяца назад

    God bless you so much, sir, for making accounting easy to learn

  • @atolomartha2117
    @atolomartha2117 2 года назад +6

    I love the simplicity and the clarity of each step, thanks Sir🙏🙏🙏

  • @DominicChikoma
    @DominicChikoma 8 месяцев назад +1

    I love this tutor. You are the best man

  • @enjoymovies444
    @enjoymovies444 Год назад +2

    Am from kenya. Thank ❤. My online lecturer. May God bless you

  • @nafiuharuna9598
    @nafiuharuna9598 Год назад

    Guess what I AM DOING MASTER IN MECHANICAL ENGINEERING AND THIS MANAGEMENT COURSE KEEPS ON APPEARING...BUT WITH GUY, THE SKY IS MY STARTING POINT

  • @lawrenceomondi1376
    @lawrenceomondi1376 2 года назад

    God bless you FOG. You are a blessing to us.

  • @wn.4112
    @wn.4112 Год назад

    Thank you for this wonderfully and clearly explained video.

  • @simayualmahdiyussuf4349
    @simayualmahdiyussuf4349 2 года назад +4

    We thank you for your effort to help students,please do for us part two as quickly as possible. Thank you once again.

  • @godfreythomas9691
    @godfreythomas9691 Год назад

    May GOD bless you sir your my best teacher, am from TANZANIA

  • @musembielijah6391
    @musembielijah6391 Год назад

    Thank you sir
    I'm in the light ,...God bless you

  • @bockariesandy4953
    @bockariesandy4953 Год назад +2

    Waw I really appreciate 👏 this lecture. I was having problem with the calculation of LIFO but thank God 🙏 now

    • @ivanabdulrazack837
      @ivanabdulrazack837 Год назад

      LIFO is no longer in international accounting standards for valuation of inventory

  • @emekaigwe1261
    @emekaigwe1261 10 месяцев назад

    Wow..sir you have made this topic very easy for me to understand.thanks a lot sir. love from Nigeria

  • @nanakoomson4308
    @nanakoomson4308 8 месяцев назад

    Your step by step has helped me greatly

  • @SheikhOmarNjie-y3i
    @SheikhOmarNjie-y3i 10 месяцев назад

    God bless you sir, the topic is well comprehend👍👍👍

  • @OscarTapiwaTarusenga
    @OscarTapiwaTarusenga 10 месяцев назад

    Thank u so much Sir ,your explanation is too good ,now I understand AVCO

  • @Newchallengerz
    @Newchallengerz 2 года назад

    God bless you sir.
    You gave me more than my paid lecturer did.

  • @nanadmedici6505
    @nanadmedici6505 9 месяцев назад

    I have now understood Fifo,lifo and weighted average

  • @MossonikiOlekori
    @MossonikiOlekori 6 месяцев назад

    i love this guy have tried so many example with FIFO and AVCO

  • @MJ_adams
    @MJ_adams 3 месяца назад

    This is beautiful… you made it look easy ❤ thank you

  • @jeremiahmoemeke1031
    @jeremiahmoemeke1031 2 года назад +1

    Thank you sir, i really appreciate.
    It was really comprehensive

  • @aishazahara2546
    @aishazahara2546 Год назад +1

    Woow it's a nice lecture

  • @nafiuharuna9598
    @nafiuharuna9598 Год назад

    This guy equipped me for my M.Eng Exams...I have FIFO TOMORROW

  • @TshepisoTepane
    @TshepisoTepane 10 месяцев назад

    your teaching is really good

  • @2lihitelekwa275
    @2lihitelekwa275 Год назад +1

    Wow, thank very much fo the job well DONE

  • @manyamfaith2617
    @manyamfaith2617 2 года назад

    Wow this is great ,God bless you

  • @chiamakambah5786
    @chiamakambah5786 2 года назад +11

    Sir I thank you so much and I do appreciate your efforts… the lessons were so easy to understand because of your procedures but sir we didn’t get the part2?🥺

  • @happynesssylvester5781
    @happynesssylvester5781 2 года назад

    God bless you I am your student from Tanzania🙏

  • @MoyosoreOlogun
    @MoyosoreOlogun 10 дней назад

    Once again God bless you sir

  • @LewcadiaAkinyi
    @LewcadiaAkinyi 4 месяца назад

    You are God sent you are helping alot

  • @EnochArthur-kt3rq
    @EnochArthur-kt3rq Год назад

    Good teacher on RUclips

  • @MarkChekani
    @MarkChekani 7 месяцев назад +5

    Thanks very much sir.........but how about LIFO sir??????

  • @edithoteng2106
    @edithoteng2106 2 года назад +1

    Good job 👏🏽 I understand it more then what my professor Thought me yesterday
    God bless you @USA

  • @Gloria-si8nh
    @Gloria-si8nh Год назад

    This video it's so helpful.... thank you so much

  • @graceyounkendeh4980
    @graceyounkendeh4980 2 года назад

    You are a professor sir
    May GOD bless🙏🙏 ur hand✋ work

  • @fctc6942
    @fctc6942 Год назад

    I DO REALLY ENJOYED YOUR VIDEO. THANKS FOG

  • @Beatrice-o3b
    @Beatrice-o3b Месяц назад

    Thank you sir,,, you have helped me a whole lot

  • @sofeucardinkoungajoel4573
    @sofeucardinkoungajoel4573 Год назад +1

    Ohh thanks sir very interesting 😊

  • @nyirakamanabetty783
    @nyirakamanabetty783 9 месяцев назад

    THAT IS GOOD ,THANK YOU SIR THIS IS VERY HELPFUL

  • @thelaw7614
    @thelaw7614 Год назад

    I found this helpful ❤
    Thank You sir🙇

  • @johnmatur9974
    @johnmatur9974 2 года назад

    I really enjoyed the the video and appreciated.

  • @frezahmuchimba5561
    @frezahmuchimba5561 Год назад

    Thank you for making this so easy 🙏🙏🙏

  • @hopemakere2875
    @hopemakere2875 Год назад +1

    I really appreciate ur work Sir .. Thank u

    • @Lixco590
      @Lixco590 8 месяцев назад

      ❤❤

  • @lillianwangui5801
    @lillianwangui5801 2 года назад

    I AM JUST GRATEFUL. STAY BLESSED!!!

  • @malwandlankuna4471
    @malwandlankuna4471 Год назад +1

    🙏God bless you sir,life saver

  • @ANNANALUNGWE-mj9xo
    @ANNANALUNGWE-mj9xo 6 месяцев назад

    This video has been helpful thanks alot

  • @CindybeautyPalour24
    @CindybeautyPalour24 2 года назад

    Thanks so much. I have text this morning and this really helped

  • @chantalberka1729
    @chantalberka1729 Год назад

    I like the way you teach sir

  • @Lovethstitches
    @Lovethstitches Год назад

    You are a live saver sir
    May God increase you 🙏

  • @mf_toxic
    @mf_toxic 4 месяца назад

    woow my exams was smooth,, from kenya🤗🤗

  • @RichardKalua-b3d
    @RichardKalua-b3d 2 месяца назад +1

    Sir, on the sales price per unit suppose we have already given the price per unit on the sales part which price should we use? should we use price on the balance or should we use the given sales price?

  • @rebekamchunguzi218
    @rebekamchunguzi218 4 месяца назад

    You are the best from Tz

  • @mightymuteketa5349
    @mightymuteketa5349 2 года назад

    Thanks u sir is very helpful please update part 2 very soon.

  • @fatmatafarma4701
    @fatmatafarma4701 2 года назад

    Thank you so much sir you really save my life 🥰 nice job

  • @charlyn-praiseukpere
    @charlyn-praiseukpere Год назад

    This was of great help🙏

  • @lawrenceomondi1376
    @lawrenceomondi1376 2 года назад

    Love from Kenya, East Africa

  • @phlysiamottey704
    @phlysiamottey704 Год назад

    God bless you Sir❤❤... You are a great teacher... The Watch and learn aspect 😂

  • @graceopokuaa4134
    @graceopokuaa4134 Год назад +1

    I like the way you teach.we will subscribe don’t worry ❤❤

  • @GodfredMadeIt
    @GodfredMadeIt Год назад

    Big ups sir, You spoil there🥂

  • @Mustafa34700
    @Mustafa34700 Год назад

    Very brilliant explanation

  • @oswaldmag289
    @oswaldmag289 2 года назад

    Very simply detailed .

  • @matipawochose
    @matipawochose Месяц назад

    From Zambia, understood

  • @RachealAmadi-y6n
    @RachealAmadi-y6n 11 месяцев назад

    I understand this very well. Sir please do a video on Contract account

  • @moralityandethics7074
    @moralityandethics7074 2 года назад

    Good Job Bro
    Please Do Well To Upload The Part Two-2

  • @christinemambo1319
    @christinemambo1319 2 года назад

    You are a genius 👏 🙌

  • @mumbodegal8334
    @mumbodegal8334 2 года назад

    Much love from kenya

  • @TUMWESIGEIvan-p8r
    @TUMWESIGEIvan-p8r Месяц назад +1

    If there's return of goods, how do we treat that?

  • @mainzalukumba552
    @mainzalukumba552 2 года назад +1

    Thank you so much for your efforts sir, you have really helped me

  • @manuelchisokwe3506
    @manuelchisokwe3506 2 года назад +2

    The work is just fine,but Sir check on subtract between 210- 40 I hope the answer should be 170 not 160 because when we multiply 160 × 4.95 it is giving us 792 instead 842. It is just observation sir I hope you are going to make corrections in the next video. The observation is on calculation of stock valuation using weighted average method

  • @briankamanga8149
    @briankamanga8149 Год назад

    Sir you are really good at lecturing thank you for making me gain this knowledge i will always support this channel🙏

  • @judianachiwayula2317
    @judianachiwayula2317 2 года назад +3

    Sir I have a question...so if they ask us to prepare trading account from the FIFO method what will we use since issues only have quantity but not the price??? From the question

  • @vincentboateng1609
    @vincentboateng1609 2 года назад +5

    God bless you sir.
    Please when will you upload the part 3 of IAS 16. The parts 1 and 2 really helped me.
    Your videos are insightful 👌

  • @lucyndunge7586
    @lucyndunge7586 5 месяцев назад

    thank you sir for the lessons

  • @InnocentLenee
    @InnocentLenee 2 месяца назад

    Great job