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9:14
YouTube
Madam Yati Channel
Perpetual Inventory System- FIFO Method (tutorial)
FIFO method or First -in , First-out method means that the earliest goods purchased are the first to be sold, or the oldest items assumed to be sold first. Ending inventory will consist of the most recent items purchased. The cost of the newest inventory items remains in ending inventory.
6.6K views
Oct 24, 2020
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