Inventory Accounting

Table of Contents

Select a slide or start at the beginning.

• Inventory Accounting
  
• Perpetual Inventory System
  
• Periodic Inventory System
  
• Which System is Better?
  
• Cost of Goods Sold Methods of Valuation
  
• LIFO vs. FIFO
  
• LIFO VS. FIFO
  
• LIFO vs. FIFO, another view
  
• Hypothetical 1
  
• Hypothetical 2
  
• Problem 4A
  
• Problem 4B
  
• Problem 4B [continued]
  
• Ledgers
  
• Problem 4B [continued]
  
• Trial Balance
  
• Ledger
  
• Income Statement for J&J, Inc.
  
• Balance Sheet as of 9/30/96

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