Accounting - Inventory and Cost of Goods Sold - Part 1 of 2 - Severson

See the below link for more resources, including a list of all of my videos, practice exercises, Excel templates, and study notes. https://www.dropbox.com/s/09hdhag3zie... This tutorial is part 1 in a series that covers the topic of accounting for inventory and cost of goods sold. This covers the inventory methods such as First In First Out (FIFO, Last In Last Out (LIFO), Weighted Average, and Specific Identification. It also discusses the topic of Lower of Cost or Market (LCM.) Part 2 is also available on YouTube.