Your method for solving these problems, separating out purchases from sales, made all the difference to my understanding and being able to solve the problems in my class! Thanks
FK !! Thank you . I am studying to pass my final CPA course FAR and it has been a minute that i messed around with Lifo inventory and in FAR they gave us a extended example where they broke out LIFO , emphasizing the difference , BUT they were using the same example that was given 4 pages ago , you know the ole " Same facts as example 1" the problem was, those facts are super crucial in LIFO where as in FIFO it doesn't matter and I couldn't understand from the example ( without dates ) why there was a difference i kept on saying to myself " Why aren't we using the last inventory units for both" ? And after spinning my wheels for a few minutes I you tubed this and right away you stressed the dates and BINGO ! TY so much !!
Thank u so much that was so quick and helpful. Only 1 thing missing . A mouse cursor would help to know about which part in the screen you were talking. Thank you again
Your method for solving these problems, separating out purchases from sales, made all the difference to my understanding and being able to solve the problems in my class! Thanks
This is better than my professor's explanation.
Thank you for your explanation!
Very helpful to clarify the difference in LIFO Periodic and Perpetual, thank you!
Brilliant explaination
FK !! Thank you . I am studying to pass my final CPA course FAR and it has been a minute that i messed around with Lifo inventory and in FAR they gave us a extended example where they broke out LIFO , emphasizing the difference , BUT they were using the same example that was given 4 pages ago , you know the ole " Same facts as example 1" the problem was, those facts are super crucial in LIFO where as in FIFO it doesn't matter and I couldn't understand from the example ( without dates ) why there was a difference i kept on saying to myself " Why aren't we using the last inventory units for both" ? And after spinning my wheels for a few minutes I you tubed this and right away you stressed the dates and BINGO ! TY so much !!
How’s CPA training, I graduate w my finance BA in less than a year!
@@jordonvaughn8277 cpa studying is rough currently doing it right now
Thank u so much that was so quick and helpful. Only 1 thing missing . A mouse cursor would help to know about which part in the screen you were talking. Thank you again
extremely good explanation.
Life saving!!!
You rock!
Very helpful