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Inventory Estimation - Gross Profit Method

Inventory Estimation - Gross Profit Method Learn the concepts, purpose and basic applications of inventory estimation under gross profit method. Time stamps: 00:00 Physical Count 06:26 Common Reasons of Inventory Estimation 10:35 Gross Profit Method 15:03 Illustrative Problem Reference: Valix, Conrado T., Peralta, Jose F., Valix, Christian Aris M.,, Financial Accounting Volume 1, 2011 Edition, Conanan Educational Supply Please subscribe for more accounting tutorial videos:    / filipinoaccountingtutorial   Follow us on facebook:   / filipinoacctg.tutorial   #InventoryEstimation #GrossProfitMethod ****** High quality CPALE Review Center ba ang hanap mo? :) Budget friendly na plus we offer P500 discount pa! :) 50% OFF pa for students! :) Calamba Review Center- Laguna (LCRC) is offering Online CPA Review! 💓 The CPALE Reviewers of LCRC are HIGH caliber reviewers! :) Full Package Tuition Fees (50% off for students) We are offering P500 DISCOUNT para sa mga mag-a-avail ng Full Package💓 Use Filipino Accounting Tutorial's coupon code FAT500 to avail P500 discount (Applicable lamang ito coupon code if you avail the LCRC's Full Package Online CPA Review) Avail LCRC's Online CPA Review 20-day FREE Trial! 💓 Click here for additional information: https://web.facebook.com/watch/?v=256... ------------------------------------------------------------ Basic Accounting Playlist:    • Basic Accounting - The Accounting Equ...   Partnership and Corporation Accounting Playlist: Partnership:    • Partnership Formation - Individuals w...   Corporation:    • Accounting for Corporations - Share C...   Conceptual Framework and Accounting Standards Playlist:    • Statement of Financial Position (PAS 1)   Intermediate Accounting Playlist:    • Petty Cash Fund - Imprest Fund System   Accounting for Special Transactions (Advanced Accounting) Playlist:    • Partnership Formation - Individuals w...   Cost Accounting Playlist:    • Cost Accounting - Costs Concepts and ...   Management Advisory Services Playlist:    • Various Classifications of Costs   ------------------------------------------------------------ Disclaimer: Thank you for visiting our YouTube channel. All information provided by us is for general informational purposes only. All information is provided in good faith. However, we make no representation of any kind, express or implied, regarding the accuracy, reliability, or completeness of any information provided by the videos on our YouTube channel.