CA foundation accounts Inventory
The free CA Foundation accounts video on Inventory cover following topics:
Introduction to Inventory
Introduction
Index
Terminology
Business Flow
Types of Inventory
Relevance of Inventory Valuation
Relevance of Inventory Valuation
Matching concept
Increase Decrease
Equation
Gross Profit Margin
Example of Equation & GP margin
Summary
End Relevance of Inventory Valuation
Quiz1
Basis of Inventory Valuation
Basis of Inventory Valuation
Purchase Cost
Methods of inventory valuation
FIFO
LIFO
FIFO vs. LIFO
Simple and Weighted Average
Comparison LIFO vs. FIFO vs. Av vs.WAV
Non Historical cost
Quiz2
Recording Inventory
Accounting Records vs. Costing Records
Inventory Recording system
Stock Taking
Quiz3
Additional Questions
Conclusion