INVENTORY VALUATION (FIFO & WEIGHTED AVERAGE) - PART 1

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  • Опубликовано: 8 сен 2024

Комментарии • 194

  • @cheropNema-sr3di
    @cheropNema-sr3di Месяц назад +4

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

  • @ikslatt
    @ikslatt 2 года назад +82

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

  • @nafiuharuna9598
    @nafiuharuna9598 9 месяцев назад +7

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

  • @user-vx1jo7mo7m
    @user-vx1jo7mo7m 10 дней 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

  • @MaryAnnMatthew-Adebisi
    @MaryAnnMatthew-Adebisi Месяц назад +2

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

  • @enjoymovies444
    @enjoymovies444 9 месяцев назад +3

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

  • @blessingsmithi6203
    @blessingsmithi6203 Год назад +11

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

  • @Yinkuzzy
    @Yinkuzzy 2 года назад +14

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

  • @The_Scalper_Way
    @The_Scalper_Way Год назад +3

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

  • @thozamabuda3348
    @thozamabuda3348 Год назад +2

    The only teacher I understand. Thank you so much Sir

  • @IsaacAddae-cz3yc
    @IsaacAddae-cz3yc 18 дней назад

    Thank you for making Accounting easy may God promote you

  • @almondallaine3257
    @almondallaine3257 Год назад +6

    From Kenya, understood sir. God bless you

  • @lecowzatv
    @lecowzatv 2 месяца 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.

  • @olurantiakinde-cd7pp
    @olurantiakinde-cd7pp Год назад +3

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

  • @kiconcomonicah6163
    @kiconcomonicah6163 Год назад +2

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

  • @peterchok8769
    @peterchok8769 Месяц назад +1

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

  • @chuolriekchuol9074
    @chuolriekchuol9074 5 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

  • @atolomartha2117
    @atolomartha2117 Год назад +4

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

  • @olajideoluwatomilolapeace4320
    @olajideoluwatomilolapeace4320 Год назад +2

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

  • @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?🥺

  • @DominicChikoma
    @DominicChikoma 4 месяца назад +1

    I love this tutor. You are the best man

  • @annielehong9197
    @annielehong9197 2 года назад +3

    I had no any idea on what I was doing, but you really opened my eyes, and i can now solve the exercises I once struggled with.
    Thank you so much.
    South African!

  • @bockariesandy4953
    @bockariesandy4953 Год назад +1

    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

  • @simayualmahdiyussuf4349
    @simayualmahdiyussuf4349 2 года назад +3

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

  • @LewcadiaAkinyi
    @LewcadiaAkinyi Месяц назад

    You are God sent you are helping alot

  • @edithoteng2106
    @edithoteng2106 2 года назад +1

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

  • @emmanueleyo2186
    @emmanueleyo2186 6 месяцев назад +1

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

  • @joechibangu2007
    @joechibangu2007 Год назад +3

    Excellent explanation 😍

  • @ify_smile6971
    @ify_smile6971 Год назад +2

    This video helped me in my exams
    God bless you 🙏

  • @chavellethomas630
    @chavellethomas630 2 года назад +1

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

  • @ANNANALUNGWE-mj9xo
    @ANNANALUNGWE-mj9xo 2 месяца назад

    This video has been helpful thanks alot

  • @user-tn2ir5vp3h
    @user-tn2ir5vp3h 2 месяца назад

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

  • @Descee
    @Descee 2 месяца назад

    Best accounting teacher ever. Kudos

  • @mbwanarajab4756
    @mbwanarajab4756 2 года назад +1

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

  • @ItsVera-fn6hb
    @ItsVera-fn6hb 2 месяца назад

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

  • @MarkChekani
    @MarkChekani 3 месяца назад +3

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

  • @wn.4112
    @wn.4112 11 месяцев назад

    Thank you for this wonderfully and clearly explained video.

  • @shadreckkayombo3404
    @shadreckkayombo3404 Год назад

    Wow I categorically luxuriated your wisdomaticatially expoundations

  • @emekaigwe1261
    @emekaigwe1261 6 месяцев назад

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

  • @OscarTapiwaTarusenga
    @OscarTapiwaTarusenga 6 месяцев назад

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

  • @niwemutoniannedivine773
    @niwemutoniannedivine773 6 месяцев назад +1

    wooouuu thank you brother you saved my marks🥰😍

  • @nafiuharuna9598
    @nafiuharuna9598 9 месяцев 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

  • @godfreythomas9691
    @godfreythomas9691 Год назад

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

  • @jeremiahmoemeke1031
    @jeremiahmoemeke1031 Год назад +1

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

  • @2lihitelekwa275
    @2lihitelekwa275 10 месяцев назад +1

    Wow, thank very much fo the job well DONE

  • @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 👌

  • @aishazahara2546
    @aishazahara2546 Год назад +1

    Woow it's a nice lecture

  • @rip-bettermustcome
    @rip-bettermustcome 2 года назад +60

    Sir please there is a mistake under the weighted average method.On June 7th,when you less the issued quantity(40) from the balance quantity(210) you should get 170 as the current balance quantity. Hope you get it 🤝

  • @lawrenceomondi1376
    @lawrenceomondi1376 Год назад

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

  • @Newchallengerz
    @Newchallengerz Год назад

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

  • @nanakoomson4308
    @nanakoomson4308 5 месяцев назад

    Your step by step has helped me greatly

  • @nanadmedici6505
    @nanadmedici6505 6 месяцев назад

    I have now understood Fifo,lifo and weighted average

  • @rebekamchunguzi218
    @rebekamchunguzi218 Месяц назад

    You are the best from Tz

  • @mf_toxic
    @mf_toxic 29 дней назад

    woow my exams was smooth,, from kenya🤗🤗

  • @musembielijah6391
    @musembielijah6391 Год назад

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

  • @manuelchisokwe3506
    @manuelchisokwe3506 Год 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

  • @user-jf9uy8pj2o
    @user-jf9uy8pj2o 7 месяцев назад

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

  • @CindybeautyPalour24
    @CindybeautyPalour24 2 года назад

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

  • @Gloria-si8nh
    @Gloria-si8nh 11 месяцев назад

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

  • @lucyndunge7586
    @lucyndunge7586 2 месяца назад

    thank you sir for the lessons

  • @mainzalukumba552
    @mainzalukumba552 2 года назад +1

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

  • @graceyounkendeh4980
    @graceyounkendeh4980 Год назад

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

  • @justinakornelius1349
    @justinakornelius1349 4 месяца назад

    Sir you are the best

  • @johnmatur9974
    @johnmatur9974 Год назад

    I really enjoyed the the video and appreciated.

  • @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🙏

  • @labanthuowambui6313
    @labanthuowambui6313 3 месяца назад

    You really rock FOG

  • @sofeucardinkoungajoel4573
    @sofeucardinkoungajoel4573 Год назад +1

    Ohh thanks sir very interesting 😊

  • @fctc6942
    @fctc6942 Год назад

    I DO REALLY ENJOYED YOUR VIDEO. THANKS FOG

  • @lillianwangui5801
    @lillianwangui5801 Год назад

    I AM JUST GRATEFUL. STAY BLESSED!!!

  • @nafiuharuna9598
    @nafiuharuna9598 9 месяцев назад

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

  • @nyirakamanabetty783
    @nyirakamanabetty783 5 месяцев назад

    THAT IS GOOD ,THANK YOU SIR THIS IS VERY HELPFUL

  • @phlysiamottey704
    @phlysiamottey704 Год назад

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

  • @walusimbisudais208
    @walusimbisudais208 Год назад +1

    Thank you so much

  • @manyamfaith2617
    @manyamfaith2617 2 года назад

    Wow this is great ,God bless you

  • @malwandlankuna4471
    @malwandlankuna4471 Год назад +1

    🙏God bless you sir,life saver

  • @graceopokuaa4134
    @graceopokuaa4134 Год назад +1

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

  • @thelaw7614
    @thelaw7614 8 месяцев назад

    I found this helpful ❤
    Thank You sir🙇

  • @TshepisoTepane
    @TshepisoTepane 6 месяцев назад

    your teaching is really good

  • @hopemakere2875
    @hopemakere2875 Год назад +1

    I really appreciate ur work Sir .. Thank u

  • @frezahmuchimba5561
    @frezahmuchimba5561 Год назад

    Thank you for making this so easy 🙏🙏🙏

  • @fatmatafarma4701
    @fatmatafarma4701 2 года назад

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

  • @EnochArthur-kt3rq
    @EnochArthur-kt3rq Год назад

    Good teacher on RUclips

  • @Lovethstitches
    @Lovethstitches Год назад

    You are a live saver sir
    May God increase you 🙏

  • @mightymuteketa5349
    @mightymuteketa5349 2 года назад

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

  • @happynesssylvester5781
    @happynesssylvester5781 2 года назад

    God bless you I am your student from Tanzania🙏

  • @junirptional2645
    @junirptional2645 Год назад

    I really appreciate it

  • @user-mh3dr4sr9i
    @user-mh3dr4sr9i 8 месяцев назад

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

  • @renatasantos7369
    @renatasantos7369 10 месяцев назад

    Great explanation. Can you please explain about RE post-acquisition on the Date of disposal and Date of acquisition please, I get so confused sometimes I do all works for consolidation but get stuck on RE

  • @chantalberka1729
    @chantalberka1729 Год назад

    I like the way you teach sir

  • @charlyn-praiseukpere
    @charlyn-praiseukpere Год назад

    This was of great help🙏

  • @lawrenceomondi1376
    @lawrenceomondi1376 Год назад

    Love from Kenya, East Africa

  • @jennaystrawberries2112
    @jennaystrawberries2112 Год назад +1

    You made an error while issuing on June 70. If you minus 198 from 1040 you get a diff answer. If you do 40 multiplied by 4.95 different answer too

  • @oswaldmag289
    @oswaldmag289 Год назад

    Very simply detailed .

  • @siloambrothers1227
    @siloambrothers1227 Год назад

    Thanks man for making me understand

  • @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

  • @user-nq8sg7tw2c
    @user-nq8sg7tw2c Год назад

    Big ups sir, You spoil there🥂

  • @AminatAbiodun-xj5vz
    @AminatAbiodun-xj5vz Месяц назад

    Tanks so much sir🎉🎉

  • @nabumaangela9428
    @nabumaangela9428 5 месяцев назад

    So what happens when you have returns when using WACO? I hope you see and answer this but thank you for the presentation

  • @garvinhakolimanajr.9221
    @garvinhakolimanajr.9221 Год назад

    Very brilliant explanation

  • @moralityandethics7074
    @moralityandethics7074 2 года назад

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