Search for tag: "lifo"

Thumbnail for entry InterAcctg2--Ex 20-2 Problem Demo

04:32

InterAcctg2--Ex 20-2 Problem Demo

InterAcctg2--Ex 20-2 Problem Demo

InterAcctg2--Ex 20-2 Problem Demo

change in inventory methods; impact on net income, retained earnings and tax liability

basic financial concepts
pre-tax
goods sold
fifo
caption 48 complete
accountancy
prior
corporation
increase
inventory
assuming
method
higher
lifo
earnings
income
liability
reported
effects
change
lower
goods
retained
items
credit
principle
balance
caption48
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Thumbnail for entry Introductory Accounting 1 - M3 EXERCISE 8-2

08:17

Introductory Accounting 1 - M3 EXERCISE 8-2

Introductory Accounting 1 - M3 EXERCISE 8-2

Introductory Accounting 1 - M3 EXERCISE 8-2

cost flow assumptions

logistics
purchases
purchased
goods sold
number
fifo
specific identification cost flow methods
caption 48 complete
determine
flow assumption
average cost
economics terminology
april
100 laptops
assumption
inventory
income
microeconomics
method
operations research
accountancy
production and manufacturing
finance
lifo
marketing
assuming
generally accepted accounting principles
sales
shampoo bottles
net income
differentiate
dollars
april 9th
commercial item transport and distribution
sixteen
fifteen
merchandise
customer
purchase
laptop
goods
january
average
supply chain management terms
shampoo
remaining
specific
business terms
costs
products
$1600.00
bottle
1st products
bought
industry
effects
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