A method used in accounting for finding the cost of inventory that has either been sold by the company or has been placed into production for the company's goods. The cost of withdrawals are determined based on data from both beginning and ending inventory as well as from purchases.
Related information about periodic inventory method:
- What is periodic inventory method? - BusinessDictionary.com
Definition of periodic inventory method: System of inventory control in which no continuous record of changes (receipts and issues of inventory items) is kept.
- Accounting: Periodic Inventory Method (Part II): LIFO - YouTube
Jun 15, 2011 ... Accounting: Periodic Inventory Method (Part II): LIFO. profblazarus. Subscribe Subscribed Unsubscribe. Loading icon Loading... 26 videos ...
- Accounting: Periodic Inventory Method (Part I): FIFO - YouTube
Jun 15, 2011 ... Accounting: Periodic Inventory Method (Part I): FIFO. profblazarus. Subscribe Subscribed Unsubscribe. Loading icon Loading... 26 videos ...
- Impact on Financials From the Periodic Inventory Method | Chron.com
Inventory is money -- it's either your money or someone else's money you borrowed. To ignore this simple fact is to tempt the invisible hand of business.
- What is the difference between periodic inventory and - Wiki Answers
Periodic inventory method calculate ending stock at the end of the accounting period, which could be Month to Date or Year to Date, while Perpetual inventory ...
- What is periodic inventory method? - InvestorWords.com
Definition of periodic inventory method: A method used in accounting for finding the cost of inventory that has either been sold by the company or has been ...
- periodic inventory method - Business Definition
periodic inventory method definition: The calculation of inventories by counting physical inventory at the end of each accounting period rather than updating ...
- Calculating cost of goods sold using fifo periodic inventory Method
Dec. 1 ABC co. has 3 dvd's in stock..all are identical, all are priced to sell @ 150. ( 1) of the 3 DVD's left in stock w/serial # 1012, was purch. June 1 at a cost of ...