Module 8 - Merchandise Inventory

8.0 A Brief Look Inside Merchandise Inventory

8.1 Overview of Key Issues and Terminology of Merchandise Inventory

8.2 Perpetual vs. Periodic Inventory Systems

8.3 Specific Identification

8.4 FIFO Periodic and LIFO Periodic

8.5 FIFO Perpetual and LIFO Perpetual

8.6 Average Cost Periodic and Perpetual

8.7 FIFO and LIFO Layers - Multiple Unit Purchases and Sales

8.8 Management and Financial Statement Topics

8.7 FIFO and LIFO Layers – Multiple Unit Purchases and Sales

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