Summary Inventory
A summary of key things to remember when dealing with Inventory in accounting. It looks at how the consignee and consignor would record with regards to the sale of inventory, what expenses are capitalized to Inventory, mark-ups, inventory recording systems and cost formulas. Examples are provided with memos because the best way to understand is by doing and seeing examples.
Escuela, estudio y materia
- Institución
- University of Cape Town (UCT)
- Grado
- Financial Accounting (ACC1006F)
Información del documento
- Subido en
- 12 de mayo de 2022
- Número de páginas
- 12
- Escrito en
- 2021/2022
- Tipo
- Resumen
Temas
-
inventory
-
cost formulas
-
fifo
-
wac
-
first in first out
-
weighted average cost
-
perpetual
-
periodic
-
financial accounting
-
trading stock
-
inventory recording systems