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Inventory count tag - PowerPoint PPT Presentation

Reporting and Analyzing Inventories

5. Reporting and Analyzing Inventories. Balance Sheet. Income Statement. Assigning Costs to Inventory. Inventory affects. The matching principle requires matching cost of sales with sales. Costing Method. FIFO, LIFO, Weighted Average, Specific ID Inventory System. Perpetual or Periodic

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Inventory count tag - PowerPoint PPT Presentation

Reporting and Analyzing Inventories