ac210 at University of Alabama

12. Drawbacks to Periodic

in Chapter 6 (Video 12 of 12)
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The Periodic inventory has a couple of drawbacks, which we will discuss here.

This Video Mentioned Some Formulas

Beginning Inventory
+ Net Purchases
– Ending Inventory
COGS

The Rest Of The Videos

1 Cash and Cash Equivalents 7:52
2 Bank Reconciliations: What and Why 9:38
3 Bank Reconciliations: How 20:57
4 Debit and Credit Memos 5:21
5 Fixing Mistakes in Bank Recs 8:32
6 COGS and Inventory 2:57
7 Net Sales 10:03
8 Perpetual vs Periodic 7:10
9 FOB Shipping? 8:51
10 Transportation In 8:41
11 COGS 6:18
12 Drawbacks to Periodic
You are here. 		6:07
Chapter 8 →

Chapter 6 Practice Problems

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1 Consignment Inventory Easy
2 FOB Destination Easy
3 Inventory Set Aside Easy
4 Categorizing Cash & Cash Equivalents Moderate
5 FOB Shipping Moderate
6 FOB Shipping Moderate
7 Bank Reconciliation Hard
8 The Effect of Inventory Errors Hard
← Chapter 4

Did I miss anything in Chapter 6?

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