Learning Targets:

1. Prepare a stock account
2. Calculate cost of merchandise inventory using the first-in, first-out (FIFO) inventory costing method
3. Calculate cost of merchandis inventory using the last-in; first-out (LIFO) inventory costing method
4. Calculate the cost of merchandise inventory usingtverage inventory costing method
5. Estimate the cost of mercchandise inventor using the gross profit method of estimating inventory

Monday, December 11, 2017

• Chapter 20
• Advanced Accounting Schedule

Did you know: In Cleveland, Ohio it is illegal to catch mice without a license.

Tuesday, December 12, 2017

• Chapter 20
• Advanced Accounting Schedule

Did you know: A bird "chews" with its stomach.

Wednesday, December 13, 2017

• Chapter 20
• Advanced Accounting Schedule

Did you know: Apples are 25% air.

Thursday, December 14, 2017

• Chapter 20
• Advanced Accounting Schedule

Did you know: If a Lobster loses an eye, it will grow another.

Friday, December 15, 2017

• Test today on Chapter 20

Did you know: The storage capacity of human brain exceed 4 terrabytes.