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Perpetual Inventory Accounting - How does it work?
In today's video, we will discuss the perpetual inventory system. First, we cover the concepts in a fun, engaging way and then we go through an example and practice problems. Below are some time stamps for perpetual inventory accounting.
0:33 Discuss Concepts
1:39 Purchases Example
3:08 Sales Example
4:38 Special Rules
7:00 Practice Problems
15:47 Special Announcement!
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