I love your layout. It makes one realize in spot which layer is gone and which one is still in stock. Appreciate very much! Note that a student can save 3-4 minute to answer this question if your method is applied. Smart!
My textbook and teacher only taught the periodic inventory system so finding a clean video like this instead of people writing out(drawing) on a screen is super helpful because A, its easier to understand because I can read it and B, Its listed out without me having to rewind back in a video to figure out what was erased to see the whole imagine of the thing. So sincerely a thank you from a student in Accounting!
You helped me understand this so much thank you . I’m a sophomore in high school and I’m in a collage accounting honors class thank to you I’ve learned so much. I would really appreciate it if you did more videos of LIFO and FIFO
Holy sheet, I’ve been so confused about this the whole semester and yet I was able to understand it in 8 minutes because of you. I love how you explain every single aspect. Really you’re a life saver. I have a Comprehensive exam tomorrow. Wish me luck 😂
The trade discount will get factored into the cost of the assets being purchased. When you receive the return, they will typically go right back into the appropriate chronological order where they belong.
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I spent 2 hours looking for an answer and you summed up my question in under 2 minutes. Cheers.
I love your layout. It makes one realize in spot which layer is gone and which one is still in stock. Appreciate very much! Note that a student can save 3-4 minute to answer this question if your method is applied. Smart!
Ohhhhhh lord you have simplified my work. I swear perpetual lifo method in the book was really stressing me up. Thank you so much.
My textbook and teacher only taught the periodic inventory system so finding a clean video like this instead of people writing out(drawing) on a screen is super helpful because A, its easier to understand because I can read it and B, Its listed out without me having to rewind back in a video to figure out what was erased to see the whole imagine of the thing. So sincerely a thank you from a student in Accounting!
You helped me a lot to understand this. I will never fail again . Thank you 🥰
This video was life saving.
LIFOsaving
oh my god i was so desperate for one week. Next week i have an really important exam. Thank you very much. You are the best
You helped me understand this so much thank you . I’m a sophomore in high school and I’m in a collage accounting honors class thank to you I’ve learned so much. I would really appreciate it if you did more videos of LIFO and FIFO
Holy sheet, I’ve been so confused about this the whole semester and yet I was able to understand it in 8 minutes because of you. I love how you explain every single aspect. Really you’re a life saver. I have a Comprehensive exam tomorrow. Wish me luck 😂
Hope your exam went well, Julie!
Very good explanation
Voice is good.
Audio volume is good.
Keep it up!!
this idea saved my life. Thank you so much!
Thank you so much for making it so easy. You made it so easy to understand.
This was so awesome. It is what I was looking for a step by step of how the different cost is being used. Very, very helpful.
That is wonderful to hear! Happy Studying, Patrice!
Thank you so much! This is the best explanation out there!
Your are amazing. Finally someone who can teach!!
Thanks alot you are such a good teacher ❤
Thank you for the help. It made total sense studying for the cfa
Thank you very much! I did not know how to really solve my way through this concept but you explained it really well!
Great video! Studying the morning of my exam-- thanks for the help!
I have two words, THANK YOU!!!!!
Helpful peace of work .thank you
This was an amazing explanation! Thanks so much!
Thank you so much this video has been extremely helpful!
Thank you for making this video. you are awesome!!!
Awesome video
Okay wow this is perfect. Unbelievable video!
Can you do the perpetual on FIFO
How about Periodic Inventory ? there is no FIFO, LIFO or Average methods?
Hi, how do you handle trade discount, and returns in the inventory valuation?
The trade discount will get factored into the cost of the assets being purchased. When you receive the return, they will typically go right back into the appropriate chronological order where they belong.
So simplified :) thanks
Thank you
Your video is really helpful! Thank you :)
Very clear! Thank you.
This saved me 🥺
very helpful ty
Very very helpful... Thanks. Can you do the same example using FIFO?PLEASEEEEEEEEEEEEEEEEEEE
Thanks so much
God bless you
lifesaver
Thank you thats helps a lot
I watch and learn from RUclips and physical taking the exam in college, I guess that’s what tuition for. Less is more.
i love u