Notes

Slide Show

Outline

1	PERIODIC INVENTORY Principles of Accounting
2	INVENTORY
3	First-In, First-Out
4	Last-In, First-Out
5	WEIGHTED AVERAGE COST
6	Three Step WAC
7	TABLE
8	TABLE
9	TOTALS
10	FIFO
11	Ending Inventory
12	First-In, First-Out
13	First-In, First-Out
14	First-In, First-Out
15	First-In, First-Out
16	Mathematical Check
17	Mathematical Check
18	LIFO
19	Last-In, First-Out
20	Last-In, First-Out
21	LIFO
22	LIFO COMPLETION
23	Mathematical Check
24	Mathematical Check
25	Comparison
26	Weighted Average
27	WEIGHTED AVERAGE COST
28	YOUR TURN
29	CORRECT!
30	YOUR TURN
31	CORRECT!
32	YOUR TURN
33	CORRECT!
34	YOUR TURN
35	CORRECT!
36	YOUR TURN
37	CORRECT!
38	Periodic Inventory Methods First-In, First-Out (FIFO) Last-In, Last-Out (LIFO) Weighted Average