Module 7, Video 1 - Inventory - FIFO, LIFO, Weighted Average

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Module 7, Video 1 - Inventory - FIFO, LIFO, Weighted Average

Tony Bell 4 August, 15, 4:08 pm

Video Description

Go to: http://www.accountingworkbook.com/ to download the problems.

Module 7 examines inventory methods of tracking inventory. It explores the differences between FIFO, LIFO and Weighted Average inventory methods. You will learn to prepare inventory records and to record the journal entries related to tracking inventory.