The Accounting Equation

https://vimeo.com/356749706 Falene Young talks about the accounting equation in this accounting tutoring lab. Assets=liabilities+Stockholder’s Equity is the basis for all accounting, meaning that the equation…

FIFO and LIFO

https://vimeo.com/356749538 Falene Young talks about FIFO and LIFO which are two types of inventory valuation methods. This clip is from the accounting tutoring lab.