This gentleman is FABULOUS!!!!! I have watched three of his videos, and I finally understand what is going on. It now all makes sense to me. He explains everything so well - I wish I had him as a teacher. Thank you, Professor Lazarus, for your teaching, method of teaching, and making your videos for those of us who are not privileged or fortunate enough to have you as an instructor.
Thank you so much Professor Lazarus! I am currently taking an online course, and we do not receive any physical instruction. We are merely provided assignments and due dates! This video provided clarity and the explanation I needed to understand the method! Again, thank you!
you are amazing, thank you prof,, i have tried learning fifo so many times,from so many different sources to calculate ending inventory and was still confused, after your video, it is clear to me, thank u for this great video
Instead of waiting on the side, you should just say "pause the video" and move out of the way for 2 seconds, saves you the time from having to record a board for a minute and a half
I wish my instructor taught this good! All my teacher does is talk about himself and tell stories about his wife while explaining terms. What a waste of my time. This teacher is awesome!
Well, if we are given only the ending inventory in periodic system, how do we find the beginning inventory so as to calculate the Cost of Goods Sold in the statement of comprehensive income?
Amazing video, thank you very much Prof. Just one question, how does the company purchase the materials and sale the , with the same price ? you may mean that the company will purchase the materials but will issue them for their usage. am i right?
What exactly is the difference between the Perpetual Inventory Method and the Periodic Inventory Method? Also, how do these vary when using FIFO and LIFO methods?
annis nmz Thank you, though I figured it out finally lol. I finished my accounting course last semester. It went great! Though I thank you for the response!
you might want to just suggest that viewers pause the vid to write down what is on your whiteboard, rather than just stepping away for an entire minute! otherwise great!