LIFO Periodic Inventory Method

[@MrMiniPancakes]

I have been struggling all year with Accounting and your videos have truly made a difference. Thank you!

[@swetaagarwal6271]

Sir a big thank you and respect from my side. I am an Indian and I enjoy watching videos in Hindi and not in English. But randomly i opened some random video of yours and from that point, I am hooked to your videos. Your videos are straight to the point and easy to understand. Thank you for your teachings🙏

[@IlyasKoca-hh3rn]

I have watched many videos but you are the one who explained really well, thank you.

[@GreenHammers]

thank you for covering the most important part of the distinction in the very beginning. The whole thing makes sense having understood perpetual already.

[@MrMiniPancakes]

Looking back, I really wish that I would have just taken better initiative to find your videos. THANK YOU SO SO SO SO SO much!!!!!

[@heyarnold3733]

FINALLY I UNDERSTAND 😭 thank you so much

[@sarahcerda2174]

Thank you so much. It finally clicked. Lightbulb moment!! 😅

[@andrewgmasters]

Thank you so much for this help!! Very concise and clear!

[@Scrungge]

Thanks for the explanation! I just don't understand why this system exists. Is it to save time? because it is faulty to use prices after the first sale

[@deeatvt7613]

To make taxes lower,but I suppose rn u know that🥲

[@suhaildarwish367]

If there is a sale price?
I'll do NET SALES= SOLD UNITS×SALE PRICE
right?

[@MyFinancialFocus]

I wonder if supermarkets use lifo. Better for customers, but it means that there are rotting groceries in the back that never got sold lol

[@mashaelalshehr]

Thanks for your help!! Better that Becker and all stuff..

[@germinamathurin8895]

I understand what you're doing but I cannot see anything ure writing its kinda blury

[@hanselgutierrezriera6586]

Can someone tell me if the explanation is right?

[@eldasmm3621]

Yes, this explanation is correct

[@calebbyers]

Arrggg why does the Periodic inventory method make me cringe so much!?

[@moniquehorn7802]

Thank you❣️❣️❣️

[@nusratmukta9469]

How the hell last purchase be count in cost of good sold... Isn't that still in the inventory ??

[@NoName-fc5wc]

I am confused too

[@NoName-fc5wc]

Do you think he is wrong

[@nusratmukta9469]

@@NoName-fc5wc idk i have already passed my semester and forget all the things that i have learned 😂😂😂 u better ask topper of ur class🤭🤭 sryy

[@kanika0846]

This is absolutely wrong