Perpetual vs Periodic - Ac 210, University of Alabama

in Chapter 6 (Video 8 of 12)

7 minutes

The two methods of inventory tracking. And, surprise, we're going to talk some more about words.

This Video Mentioned Some Formulas

Beginning Inventory

+ Net Purchases

– Ending Inventory

COGS

Beginning Inventory

+ Net Purchases

– COGS

Ending Inventory

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 You are here.	7:10
9	FOB Shipping?	8:51
10	Transportation In	8:41
11	COGS	6:18
12	Drawbacks to Periodic	6:07

	Click Here to View All Chapter 6 Problems at Once	View
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