Weighted Average Inventory Costing | PERPETUAL Example

In this lesson, you will learn how to record inventory using the Weighted Average Inventory costing under the Perpetual Inventory System. We go through an explanation and a thorough example. We explain how you account for opening balance, receipts or purchases of inventory, issues or sales of inventory, and returns of stock with the calculation of the average unit cost of stock. Check it out.
FIFO (First-In-First-Out) Method Accounting: • FIFO (First-In-First-O...
LIFO Method Accounting - Perpetual: • LIFO (Last-In, First-O...
Inventory Explained: • Inventory Explained
Perpetual Inventory System Explained with Journal Entry Example: • Inventory Journal Entr...
Periodic Inventory System Explained with Journal Entry Example: • Inventory Journal Entr...
Check out other straight-forward examples on our channel.
We also offer one-on-one tutorials at reasonable rates.
Connect with us:
Email: [e-mail]
Our Website: Counttuts.com
Our Facebook Page: / counttuts