How to Calculate LIFO Inventory (Step By Step)

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  • Опубликовано: 24 дек 2024

Комментарии • 42

  • @Accountinguniv
    @Accountinguniv  5 лет назад +3

    Tell me in the comments...How much do you know about LIFO?

    • @adrianwwk
      @adrianwwk 4 года назад +1

      what if i have beginning inventory? let's say 10 units @ 15$ = 150$

    • @shauntiahale5617
      @shauntiahale5617 4 года назад +1

      Thank you. You made this easier to understand but I'm still struggling a bit, but I am not a quitter. Subscribed!

  • @akkad7514
    @akkad7514 2 года назад +18

    out of all the people that has taught me this (including my profs), you are by far the easiest to understand, thank you

  • @Abdullahs_World
    @Abdullahs_World 2 года назад +3

    I'm doing MBA from Istanbul Okan University, Turkey And you are my new teacher for accounting. I mean look how you make it so easy to understand! Thank You for being here.

  • @nabeelkamal5839
    @nabeelkamal5839 4 года назад +14

    Dude, this came in clutch. I’ve been struggling on how to understand this, and you made it so easy!

  • @typicalyoung9010
    @typicalyoung9010 3 года назад +8

    literally been stuck on a question for a week watched ur video in 6 minutes and finished my whole school test

  • @chandlerwhitchurch9984
    @chandlerwhitchurch9984 Год назад +1

    Lol, I literally had a professor and a tutor try to teach this to me for weeks, but you just got me to understand in 5mins

  • @tot.taxi.
    @tot.taxi. Год назад +1

    thank you so much for this, my teacher doesn't do a good job at explaining things and she goes really fast but you make it easy

  • @jahzmun617
    @jahzmun617 3 года назад +6

    I still don't understand

  • @mrjony5819
    @mrjony5819 Год назад

    You made it real easy to understand. Thank you very much.

  • @fahdiafadia5484
    @fahdiafadia5484 9 месяцев назад

    Really so easily to understand then tried to understand in the university my. Thank u sir

  • @janedoe63214
    @janedoe63214 7 месяцев назад

    Thank you for explaining in terms we can understand. I was having a hard time learning this for my business math class and you just explained better than anyone that explained it to me originally. When others explained it was very confusing , Thank you posting this video.

  • @damon832
    @damon832 2 года назад +1

    Wow this makes it so easy to understand, thank you!

  • @WinterWolf94
    @WinterWolf94 4 года назад +2

    Thank you! I never understood it in class.

  • @MilanParks-t8f
    @MilanParks-t8f 10 месяцев назад

    Thank you sm you really helped, idk why my teacher was making it seem so complicated.

  • @nicholasbosca3665
    @nicholasbosca3665 2 года назад +1

    If only my professor would break these concepts down as well as you do. Literally weeks of confusion instantly solved in 6 minutes.

    • @Accountinguniv
      @Accountinguniv  2 года назад

      That’s amazing! Glad it was helpful to you :)

  • @waelana
    @waelana 6 месяцев назад

    i freaking love u dude just saved my exam

  • @josefina4240
    @josefina4240 2 года назад

    Thank you but I have on question how do you calculate if you have 400 units on hand? What does that mean?

  • @dariussims7888
    @dariussims7888 10 месяцев назад

    Do you always start with a 100

  • @andrewrinaldi2850
    @andrewrinaldi2850 3 года назад +1

    I wish you were my professor this video was very helpful

  • @kanilkumar1619
    @kanilkumar1619 2 года назад +1

    Wonderful teaching sir....

  • @luke.louren.
    @luke.louren. 2 года назад +1

    Your videos are so helpful! Thank you

    • @Accountinguniv
      @Accountinguniv  2 года назад

      You're so welcome!

    • @joyjohnson3056
      @joyjohnson3056 2 года назад

      @@Accountinguniv Are you currently studying ACCA? I'm seeking a study partner

  • @payton4969
    @payton4969 2 года назад

    Okay but what about if it has beginning inventory?

  • @maggie9859
    @maggie9859 3 года назад

    Thank you, sir! I understand this lesson clearly!

  • @caseywillis4028
    @caseywillis4028 3 года назад +1

    Thank you so much!

  • @cbchaba
    @cbchaba 10 месяцев назад

    thank you

  • @Riza2suns
    @Riza2suns 3 года назад

    Thank you for this!!

  • @tyresetaylor1754
    @tyresetaylor1754 3 года назад

    why did u only times the first one

  • @Joshmxsters18
    @Joshmxsters18 8 месяцев назад

    It’s simple it just means you start with the most recent purchases and work backwards

  • @exxdout1144
    @exxdout1144 4 года назад

    thank you a lot!

  • @devsir2745
    @devsir2745 Год назад

    i love you