Perpetual fifo

8
PERPETUAL FIFO Adora Aline Alfiana Vocational High School surAKARTA

TAGS:

description

Ini adalah slide presentasi bahasa Inggris untuk materi Akuntansi SMK >> Perpetual FIFO

Transcript of Perpetual fifo

Page 1: Perpetual fifo

PERPETUAL FIFO

Adora Aline AlfianaVocational High School

surAKARTA

Page 2: Perpetual fifo

What is Perpetual .. ?

System of inventory control which is continuously records all of the

change of inventory.

Advantages using Perpetual :

• Continuous determination of inventory value

• Continuous determination of gross profit

• Companies can know the quantity and price

of their inventories, every time

Page 3: Perpetual fifo

PERPETUAL

Inventory Method

FIFO (First In First Out)LIFO (Last In First Out)

AVERAGE

Page 4: Perpetual fifo

FIFO Method

The FIRST inventories bought are the FIRST ones to be sold, and

inventories which bought later are sold

later.

Page 5: Perpetual fifo

The Form Of Inventory Card

DATE

DOC. NUMBER

DESCRIPTION

INUNIT PRICE TOTAL

OUTUNIT PRICE TOTAL

BALANCEUNIT PRICE TOTAL

Company’s NameINVENTORY CARDAccounting Period

Item Name : Page :

Page 6: Perpetual fifo

ABC Company has records as follow :1st January 2012 : Beginning Balance of HP-1 is

30 unit at $10 each.3rd January 2012 : There is a purchase of HP-1

from Jay Company, 50 unit at $20 each.4th January 2012 : There is a sales from Gold

company, 40 unit at $22 each.

Examples :

Page 7: Perpetual fifo

Let’s Record

DATE DOC. NUMBER DESCRIPTION

IN OUT BALANCE

UNIT PRICE TOTAL UNIT PRICE TOTAL UNIT PRICE TOTAL

ABC CompanyINVENTORY CARD

January, 2012

Item Name : HP-1 Page : 1

2012Jan

1 Op. Balance 30 $10 $300

1st Jan : Opening Balance, 30 unit @$103 Jay Comp. 50 $20 $1000 30 $10 $30050 $20 $1000

4 Gold Comp. 30 $10 $300 --10 $20 $200 40 $20 $800

3rd Jan : Purchase, 50 unit @$20

4th Jan : Sales, 40 unit @$22

Page 8: Perpetual fifo

- THANK YOU -


FIFO Families Submission to the Federal Inquiry into FIFO...FIFO Families recently met with some representatives from the Cairns Defence Families unit. FIFO workers and Defence employee’s

FIFO Families Submission to the Federal Inquiry into FIFO...FIFO Families recently met with some representatives from the Cairns Defence Families unit. FIFO workers and Defence employee’s

Sistema fifo

Sistema fifo

Fifo Generator Ug175

Fifo Generator Ug175

Fifo Method

Fifo Method

RENCANA PELAKSANAAN PEMBELAJARAN  · Web viewSiswa dapat mencatat persediaan barang dagang dengan metode FIFO, LIFO, dan biaya rata-rata. Siswa dapat membedakan antara sistem perpetual

RENCANA PELAKSANAAN PEMBELAJARAN  · Web viewSiswa dapat mencatat persediaan barang dagang dengan metode FIFO, LIFO, dan biaya rata-rata. Siswa dapat membedakan antara sistem perpetual

BMI08x FIFO Usage - Bosch Global...defined level. FIFO-full interrupt: Triggered, when the FIFO is full. 3. Accelerometer sensor FIFO buffer The accelerometer part of BMI088 has an

BMI08x FIFO Usage - Bosch Global...defined level. FIFO-full interrupt: Triggered, when the FIFO is full. 3. Accelerometer sensor FIFO buffer The accelerometer part of BMI088 has an

Fifo+ +lifo

Fifo+ +lifo

SENIOR SCHOOL COURSE SELECTION HANDBOOK – UNIT … and Help/VCE Information/VCE Unit...perpetual method of stock recording with the First In, First Out (FIFO) method is also used.

SENIOR SCHOOL COURSE SELECTION HANDBOOK – UNIT … and Help/VCE Information/VCE Unit...perpetual method of stock recording with the First In, First Out (FIFO) method is also used.

Asynchronous FIFO

Asynchronous FIFO

Demonstration Problem Chapter 5 – Problem 27 Cost Flow Assumptions – FIFO and LIFO Using Periodic and Perpetual Systems Accounting What the Numbers Mean.

Demonstration Problem Chapter 5 – Problem 27 Cost Flow Assumptions – FIFO and LIFO Using Periodic and Perpetual Systems Accounting What the Numbers Mean.

Penjadwalan Fifo

Penjadwalan Fifo

CHAPTER 6 · *8B Calculate cost of goods sold and ending inventory under LIFO, FIFO, and average-cost, under the perpetual system; compare gross profit under each assumption.

CHAPTER 6 · *8B Calculate cost of goods sold and ending inventory under LIFO, FIFO, and average-cost, under the perpetual system; compare gross profit under each assumption.

Fifo Period

Fifo Period

FIFO buffers embedded in ST MEMS sensorslevel, FIFO overrun and FIFO empty events can be enabled to generate interrupts 3 FIFO buffers embedded in ST MEMS sensors 07/06/2013 FIFO in-sight

FIFO buffers embedded in ST MEMS sensorslevel, FIFO overrun and FIFO empty events can be enabled to generate interrupts 3 FIFO buffers embedded in ST MEMS sensors 07/06/2013 FIFO in-sight

Inventory Management Terms Shrink Perpetual Cost inventory Methods POS Retail inventory Method Model Inventory LIFO Book Inventory FIFO Physical Averaging.

Inventory Management Terms Shrink Perpetual Cost inventory Methods POS Retail inventory Method Model Inventory LIFO Book Inventory FIFO Physical Averaging.

Best Practices for Inventory Control Using Dynamics GP valuations methods. GP supports the following Valuation Methods: FIFO valuation method or LIFO Perpetual valuation method" The

Best Practices for Inventory Control Using Dynamics GP valuations methods. GP supports the following Valuation Methods: FIFO valuation method or LIFO Perpetual valuation method" The

Project FiFo introduction

Project FiFo introduction

Fifo Design

Fifo Design

Englisch/Finan… · inventory at year-end, under FIFO and LIFO cost-flow assumptions. Assume the company uses a perpetual system to keep track of inventory quantities and values.

Englisch/Finan… · inventory at year-end, under FIFO and LIFO cost-flow assumptions. Assume the company uses a perpetual system to keep track of inventory quantities and values.

2010 Accounting Written examination 2 · PDF fileACCOUNTING Written examination 2 ... • The perpetual method of stock recording and the FIFO cost assignment method are ... Date 12

2010 Accounting Written examination 2 · PDF fileACCOUNTING Written examination 2 ... • The perpetual method of stock recording and the FIFO cost assignment method are ... Date 12