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  • Lesson.No : 46
  • 00:12:54

  • Accounting for Beginners #47 / LIFO / Last in First Out Journal Entries / Inventory Perpetual

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Course Lessons

  1. 1- Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity
  2. 2- Accounting For Beginners #2 / Basics / Accounting Equation / Accounting Tutorial
  3. 3- Accounting for Beginners #3 / Journal Entries / Beginner Tips / Basics / Accounting Tutorial
  4. 4- Accounting for Beginners #4 / Income Statement / Revenue - Expenses
  5. 5- Accounting for Beginners #5/ The Balance Sheet / Basic Tutorial
  6. 6- Accounting for beginners #6 / Putting an Asset on the Balance Sheet
  7. 7- Accounting for beginners #7 / Depreciating an Asset / Basics
  8. 8- Accounting for beginners #8 / Depreciation Expense / Basics
  9. 9- Accounting for beginners #9 / Accounts Receivable / Basics
  10. 10- Accounting for Beginners #10 / Accounts Payable / Basics
  11. 11- Accounting For Beginners #11 / Fifo and Lifo Inventory / Basics
  12. 12- Accounting For Beginners #12 / 1 Journal Entry With 2 Assets / Basics
  13. 13- Accounting for Beginners #13 / Accounting Study Guide / Template
  14. 14- Accounting for Beginners #14 / Journal Entry with Cash / Expense
  15. 15- Accounting For Beginners #15 / Journal Entry With Cash / Revenue
  16. 16- Accounting For Beginners #16 / Debits & Credits / Negative Asset
  17. 17- Accounting For Beginners #17 / T-Accounts / Debits and Credits / Accounting 101
  18. 18- Accounting For Beginners #18 / What is a Draw? / Withdraw / Distribution / Dividend / Equity
  19. 19- Accounting for Beginners #19 / Don't Abbreviate / Accounting 101 / Basics
  20. 20- Accounting For Beginners #20 / Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses
  21. 21- Accounting For Beginners #21 / T Account Example / Accounting Tutorial
  22. 22- Accounting For Beginners #22 / Trial Balance Unadjusted / Accounting Basics
  23. 23- Accounting For Beginners #23 / Cash in a Bank Account / Checking Account / Basic Accounting
  24. 24- Accounting For Beginners #24 / Does The Transaction Increase Assets / Accounting Basics
  25. 25- Accounting for Beginners #25 / Accounts Receivable Example / Accounting 101 / Accounting Basics
  26. 26- Accounting For Beginners #26 / Reducing Accounts Receivable / We got Paid / Accounting basics
  27. 27- Accounting for Beginners #27 / Paying an Expense / Does it Increase Assets / Accounting Tips
  28. 28- Accounting for Beginners #28 / Assets / What is an Asset ? / Accounting Basics / Balance Sheet
  29. 29- Accounting for Beginners #29 / Liabilities / What are Liabilities / Accounting 101
  30. 30- Accounting for Beginners #30 / Equity / What is Equity / Accounting 101 / Balance Sheet
  31. 31- Accounting for Beginners #31 / Adjusting Entries / Journal Entries / Depreciation Expense
  32. 32- Accounting for Beginners #32 / Adjusting Entries / Journal Entries / Prepaid Expense
  33. 33- Accounting for Beginners #33 / Adjusting Entries / Journal Entries / Unearned Revenue
  34. 34- Accounting for Beginners #34 / Adjusting Entries / Journal Entries / Accrued Revenue
  35. 35- Accounting for Beginners #35 / Adjusting Entries / Journal Entries / Accrued Expense
  36. 36- Accounting for Beginners #36 / Adjusting Entries Summary / Journal Entries / Basic Accounting
  37. 37- Accounting for Beginners #37 / Net Income / Income Statement / Balance Sheet / Accounting Basic
  38. 38- Accounting for Beginners #38 / Retained Earnings / Balance Sheet / Journal Entry / Accounting Basics
  39. 39- Accounting for Beginners #39 / What is the Equity / Balance Sheet / Shareholder Distribution
  40. 40- Accounting for Beginners #40 / Inventory / Asset / Journal Entry / Purchasing Inventory
  41. 41- Accounting for Beginners #41 / Perpetual Inventory Vs. Periodic Inventory/ Asset / Journal Entry
  42. 42- Accounting for Beginners #42 / Inventory Perpetual / FIFO / First In First Out / Accounting 101
  43. 43- Accounting for Beginners #44 / Inventory Perpetual / Weighted Average / Accounting 101 / Valuation
  44. 44- Accounting for Beginners #45 / LIFO / FIFO / Weighted Average / Summary / Inventory Perpetual
  45. 45- Accounting for Beginners #46 / FIFO / First in First Out Journal Entries / Inventory Perpetual
  46. 46- Accounting for Beginners #47 / LIFO / Last in First Out Journal Entries / Inventory Perpetual
  47. 47- Accounting for Beginners #43 / Inventory Perpetual / LIFO / Last in First Out / Accounting Basics
  48. 48- Accounting for Beginners #48 / Example of Negative Draw / Shareholder Distribution / Accounting 101
  49. 49- Accounting for Beginners #49 / Why is the Truck an Asset? / Why is the Truck not an Expense?
  50. 50- Accounting for Beginners #50 / DC ADE LER / Its a Lifestyle !!! / Debit and Credit Mapping System
  51. 51- Accounting for Beginners #51 / Payroll / Employees Net Pay / Where do the Taxes Go? / Accounting 101
  52. 52- Accounting for Beginners #52 / Payroll / Employer taxes / Employer FICA match / Accounting 101
  53. 53- Accounting for Beginners #54 / Tax Refund / Getting Money from your Tax Return / Federal Withholding
  54. 54- Accounting for Beginners #53 / Payroll Journal Entry / Payroll Taxes / Accounting Basics
  55. 55- Accounting for Beginners #55 / Loaning a Business Cash / Increasing a Liability / Journal Entry
  56. 56- Accounting for Beginners #56 / Paying a Loan Back / Reducing Liabilities / Accounting 101
  57. 57- Accounting for Beginners #57 / Purchase Supplies on Account / Accounts Payable / Accounting 101
  58. 58- Accounting for Beginners #58 / Bank Reconciliation / Adjusted Balance / Accounting Basics Tutorial
  59. 59- Accounting for Beginners #59 / Bank Reconciliation Example / Adjusted Balance / Accounting Basics
  60. 60- Accounting for Beginners #60 / Accumulated Depreciation / Contra Asset / Accounting Basics
  61. 61- Accounting for Beginners #61 / Depreciation / Factors in Computing Depreciation / Accounting Basics
  62. 62- Accounting for Beginners #62 / Straight Line Depreciation Method / Accounting Tutorial 101
  63. 63- Accounting for Beginners #63 / Double Declining Balance Depreciation / With Residual Value
  64. 64- Accounting for Beginners #64 / Double Declining Balance Depreciation / Without Residual Value
  65. 65- Accounting for Beginners #65 / Straight Line Depreciation Method / Solve the Accounting Problem
  66. 66- Accounting for Beginners #66 / Double Declining Balance Depreciation / Solve Problem
  67. 67- Accounting for Beginners #67 / Fixed Costs / Variable Costs / Managerial Accounting Tutorial 101
  68. 68- Accounting for Beginners #68 / Contribution Margin / Managerial Accounting Tutorial 101
  69. 69- Accounting for Beginners #69 / Contribution Margin Example / Managerial Accounting Tutorial 101
  70. 70- Accounting for Beginners #70 / Breakeven Point / Revenue = Expense / Managerial Accounting Basics
  71. 71- Accounting for Beginners #71 / Breakeven Point Example / Managerial Accounting Basics Tutorial 101
  72. 72- Accounting for Beginners #72 / Target Profit / Managerial Accounting Basics Tutorial 101
  73. 73- Accounting for Beginners #73 / Loan From Shareholder / Balance Sheet / Widget INC #1
  74. 74- Accounting for Beginners #74 / Paying Rent Expense / Journal Entry / Widget INC #2
  75. 75- Accounting for Beginners #75 / Buying a Truck / Chart of Accounts / Widget INC #3
  76. 76- Accounting for Beginners #76 / Getting Paid with Service Revenue / Income Statement / Widget INC #4
  77. 77- Accounting for Beginners #77 / Paying an Independent Contractor / General Ledger / Widget INC #5
  78. 78- Accounting for Beginners #78 / Getting Paid with Service Revenue / Journal Entry / Widget INC #6
  79. 79- Accounting for Beginners #79 / Office Expense / Computer & Internet Expense / Widget INC #7
  80. 80- Accounting for Beginners #80 / Accounts Receivable Journal Entry / Balance Sheet / Widget INC #8
  81. 81- Accounting for Beginners #81 / Paying a Shareholders Loan Back / General Ledger / Widget INC #9
  82. 82- Accounting for Beginners #82 / Accounts Payable / Liability / Balance Sheet / Widget INC #10
  83. 83- Accounting for Beginners #83 / Getting Paid From Accounts Receivable / Widget INC #11
  84. 84- Accounting for Beginners #84 / Depreciation Expense Journal Entry / Widget INC #12
  85. 85- Accounting for Beginners #85 / Net Income to Retained Earnings / Balance Sheet / Widget INC #13
  86. 86- Accounting for Beginners #86 / Service Revenue / Income Statement / Widget INC #14
  87. 87- Accounting for Beginners #87 / Paying Back a Loan From Shareholder / Liability / Widget INC #15
  88. 88- Accounting for Beginners #88 / Shareholder Distribution/ withDRAW / Dividend / Widget INC #16
  89. 89- Accounting for Beginners #89 / ACCOUNTING in Five Minutes / Balance Sheet & Income Statement
  90. 90- Accounting for Beginners #90 / BALANCE SHEET in Five Minutes / ACCOUNTING 101 TUTORIAL / FAST & EASY
  91. 91- Accounting for Beginners #91 / what is the BEST? Assets, Draw, Expense, Liability, Equity, Revenue
  92. 92- Accounting for Beginners #92 / Debits = Left : Credits = Right / Neither is Good Nor Bad / Elevation
  93. 93- Accounting for Beginners #93 / How does the Journal Entry Balance ? / Assets = Liabilities + Equity
  94. 94- Accounting for Beginners #94 / Debit the asset if Increasing / Credit the Asset if Decreasing
  95. 95- Accounting for Beginners #95 / ACCOUNTING EQUATION / BALANCE SHEET / ASSETS / LIABILITIES / EQUITY
  96. 96- Accounting for Beginners #96 / withDRAW / SHAREHOLDER DISTRIBUTION / DIVIDENDS / THE BALANCE SHEET
  97. 97- Accounting for Beginners #97 / ACCOUNTS RECEIVABLE / GENERAL LEDGER / SERVICE REVENUE / CPA STRENGTH
  98. 98- Accounting for Beginners #98 / IS IT AN ASSET OR EXPENSE / DEPRECIATION EXPENSE / ACCOUNTING
  99. 99- HOW TO PASS YOUR FIRST ACCOUNTING CLASS / WRITE THIS DOWN EVERY DAY / ACCOUNTING FOR BEGINNERS #99
  100. 100- ASSETS = LIABILITIES + EQUITY / THE BASIC ACCOUNTING EQUATION / ACCOUNTING FOR BEGINNERS #100
  101. 101- TANGIBLE & INTANGIBLE ASSETS / DEPRECIATION VS. AMORTIZATION / ACCOUNTING FOR BEGINNERS #101
  102. 102- ACCRUAL BASIS VS. CASH BASIS / ACCOUNTING FOR BEGINNERS #102 / ACCRUED + DEFERRED / CPA STRENGTH
  103. 103- ACCOUNTING CLASS / BALANCE SHEET / JOURNAL ENTRIES / ASSETS = LIABILITIES + EQUITY
  104. 104- ACCOUNTING PRACTICE TEST / BALANCE SHEET / JOURNAL ENTRIES / ASSETS = LIABILITIES + EQUITY / #2
  105. 105- ACCOUNTING PRACTICE TEST / BALANCE SHEET / JOURNAL ENTRIES / ASSETS = LIABILITIES + EQUITY
  106. 106- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #11
  107. 107- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #10
  108. 108- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #9
  109. 109- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #8
  110. 110- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #7
  111. 111- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #6
  112. 112- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #5
  113. 113- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #4
  114. 114- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #3
  115. 115- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #2
  116. 116- Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #1
  117. 117- Simple Interest on a Note Payable / Accounting for Beginners #118 / How to Complete a Journal Entry
  118. 118- Note Payable Journal Entry / How to Record a Journal Entry / Accounting for beginners #117
  119. 119- Note Payable Repayment with Interest Journal Entry / Accounting for beginners #119 / Positivity
  120. 120- Accrued Interest Expense Balancing on the Balance Sheet / Accounting for Beginners #120 / POSITIVITY
  121. 121- Prepaid Insurance Journal Entry / Balance Sheet & Income Statement / Accounting for beginners #121
  122. 122- What is Capital or Owners Equity ? Accounting 101 / Accounting for Beginners #122 / SHOW UP TO WIN
  123. 123- Statement of Changes in Equity / What is the Net Income? / Accounting for Beginners #123 / Elevate
  124. 124- Journal Entries for Accounting Made Easy / Prepaid Rent is Asset / Accounting for Beginners #125
  125. 125- Journal Entries for Accounting Made Easy / Capital Contribution / Accounting for Beginners #124
  126. 126- Journal Entries for Accounting Made Easy / Prepaid Insurance / Accounting for Beginners #126
  127. 127- Journal Entries for Accounting Made Easy / Unearned Revenue / Accounting for beginners #127
  128. 128- Journal Entries for Accounting Made Easy / Accounts Payable / Accounting for Beginners #128
  129. 129- Journal Entries for Accounting made Easy / Accounts Receivable / Accounting for Beginners #129
  130. 130- Journal Entries For Accounting Made Easy / Advertising Expense / Accounting for Beginners #130
  131. 131- Journal Entries for Accounting Made Easy / Reducing Accounts Payable / Accounting for beginners #131
  132. 132- Journal Entries for Accounting made Easy / Service Revenue / Accounting for beginners #132
  133. 133- Accounting For Beginners #133 / Balance Sheet / Basic Accounting Equation
  134. 134- Accounting for Beginners #134 / Wages Payable Journal Entries / Liabilities on the Balance Sheet
  135. 135- ACCOUNTING Q & A / IF I STARTED ACCOUNTING AGAIN - I WISH I KNEW / CPA STRENGTH
  136. 136- Journal Entries with Cash / increasing a debit / decreasing a Credit / Accounting for Beginners #136
  137. 137- Journal Entry with a WithDraw / Shareholder Distribution / Accounting for beginners #137
  138. 138- Accounting Basics / Petty Cash Journal Entrries / Accounting for Beginners #138 / CPA Strength
  139. 139- Accounting Problem Solved / What is the ending Equity / Accounting for Beginners #139
  140. 140- Accounting for Beginners #140 / Debits and Credits / Journal Entries / Accounting Basics
  141. 141- Accounting for Beginners #141 / Assets, Distributions, & Expenses / Shareholder Distributions
  142. 142- Accounting for Beginners #142 / Liabilities, Owner Equity, Revenue / How to make a Journal Entry
  143. 143- ACCOUNTING BASICS, how to make Journal Entries
  144. 144- Accounting Tutorial, Accounts Receivable Made Easy
  145. 145- Accounting for Beginners, Accounts Payable Journal Entries
  146. 146- Accounting Basics / Accounts Receivable Vs. Accounts Payable
  147. 147- Accounting Test Practice - Debits & Credits
  148. 148- Accounting For Beginners / 3 Rules for Accounting / Debits and Credits
  149. 149- Accounting for beginners - Debits on the left & Credits on the right
  150. 150- Accounting For Beginners / Journal Entry / Debits and Credits