Retail Inventory Method - Markup and Markdown
Retail Inventory Method - Markup and Markdown
Learn the concepts and information required for inventory estimation using the retail inventory method.
Timestamps:
00:00 Retail Inventory Method
04:36 Information required for retail inventory method
09:05 Items related to the retail method (markup and markdown)
23:54 Approaches in the use of the retail method
Reference: Intermediate Accounting Volume 1 by Sir Conrado Valix, Sir Jose Peralta, and Sir Christian Aris Valix
#InventoryEstimation #RetailInventoryMethod #Markup #Markdown
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Пікірлер: 2
Hi sir great day! How to treat ang previous year inventory sa current year end FS?.
@FilipinoAccountingTutorial
Жыл бұрын
Hello glaiza. Previous year invty (or beginning inventory) is makikita yan sa income statement ng current year end FS. Hope it helps 🙂