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picture1_Inventory Management Pdf 192886 | Inventoryrecordkeeping


picture2_Inventory Management Pdf 192886 | Inventoryrecordkeeping picture3_Inventory Management Pdf 192886 | Inventoryrecordkeeping

 110x       Filetype PDF       File size 0.36 MB       Source: learningcentre.vcc.ca


File: Inventory Management Pdf 192886 | Inventoryrecordkeeping
Management Acct Learning Centre Inventory Records Inventory records affect the balance sheet (inventory, asset) and the income statement (cost of goods sold, expense).There are two methods of record keeping ...

icon picture PDF Filetype PDF | Posted on 06 Feb 2023 | 2 years ago
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...Management acct learning centre inventory records affect the balance sheet asset and income statement cost of goods sold expense there are two methods record keeping for periodic perpetual method is done by taking a physical count costing over specific time period e g weekly to determine sales continuously updating with each purchase sale four different valuation item first in out fifo last lifo weighted average this handout covers three types control whatever items received oldest assumed be leaving newest stock wac calculates available or use following formula beginning bi purchases p ending ei cgs example find value remaining at end month june units purchased you can table as shown on next page keep track transactions make drawing showing boxes prices imagine yourself filling up pulling them simply do calculation requested using will sell that removed from authored emily simpson work licensed under creative commons attribution noncommercial sharealike international license descripti...
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