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| Gary Waters provides extensive coverage of accounting for inventory, including measurement, valuation, cost flow assumptions, lower of cost or market, and estimation methods. Specific identification, moving and weighted aver¬ages, FIFO, and LIFO are illustrated under periodic and perpetual methods. Fixed asset capitalization, classification, exchange, cost recovery, and impairment are illustrated with several examples. Intangible assets, research and development, and other related topics also are covered. Gary discusses five simulations during this program. Approximate video duration is 2 hours and 25 minutes. |
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