Inventory Estimation - Gross Profit Method
Learn the concepts, purpose and basic applications of inventory estimation under gross profit method.
Time stamps:
00:00 Physical Count
06:26 Common Reasons of Inventory Estimation
10:35 Gross Profit Method
15:03 Illustrative Problem
Reference:
Valix, Conrado T., Peralta, Jose F., Valix, Christian Aris M.,, Financial Accounting Volume 1, 2011 Edition, Conanan Educational Supply
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