I think There is a mistake at 15:39, the numbers indicate that the formula should be = (unit quantity * Price per unit + ending inventory - beginning inventory of the previous period. Your explanation stated the other way i think you labeled ending inventory value as beginning inventory. correct me if am wrong, am confused now :P
@AccountingLectures5 жыл бұрын
Both are 1,000. they cancel each others.
@edithahubilla4936 жыл бұрын
Always update me for revised accounting
@AccountingLectures6 жыл бұрын
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@ermiyasmekonen4631 Жыл бұрын
Tanks mr ....
@AccountingLectures Жыл бұрын
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@kristelannc.abonal35584 жыл бұрын
Where does the 250 000 at 32:50+ came from? Is it a given amount? I'm referring particularly to the additional payment in the cash budget for disbursements. Thanks
@jafferleibiofficial85874 жыл бұрын
The instructor says that 250,000 maybe due to additional loan payment or purchase of equipment in January, February and in march. It is cash disbursement. It will be known to us from past or in other words it will be known to us in advance such as in case of bank loan we pay regular loan or interest installments every month as per the bank agreement or contract.
@jafferleibiofficial85874 жыл бұрын
The instructor says that 250,000 maybe due to additional loan payment or purchase of equipment in January, February and in march. It is cash disbursement. It will be known to us from past or in other words it will be known to us in advance such as in case of bank loan we pay regular loan or interest installments every month as per the bank agreement or contract.