Topics in Class 7 PowerPoint PPT Presentation

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Title: Topics in Class 7


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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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