Demonstration Problem Chapter 5 – Problem 27 Cost Flow Assumptions – FIFO and LIFO Using Periodic and Perpetual Systems Accounting What the Numbers Mean.
Chapter 6 Inventories ( ) Instructor: Chih-Liang Julian Liu Department of Industrial and Business Management Chang Gung University.
Chapter 5 Accounting for Inventories. Determining Inventory Items Merchandise inventory includes all goods that a company owns and holds for sale, regardless.