Topics in Class 7 - PowerPoint PPT Presentation
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Topics in Class 7
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Topics in Class 7 & 8. Inventory classification. Items to be included in inventory ... What is market. Valuation basis: relative sales values. Gross profit method ... – PowerPoint PPT presentation
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Title: Topics in Class 7
1
Topics in Class 7 8
- Inventory classification
- Items to be included in inventory
- Gross Method
- Net method
- Inventory control
- Perpetual system
- Periodic system
- Cost flow assumptions
- Lower of cost or market
- What is market
- Valuation basis relative sales values
- Gross profit method
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