Posting inventory increases for finished products to T-accounts - with posting entries - Simply explained! - Herr Tafelschwamm - World Latest Movie, Series, Videos and Trailers | fetery.com

Posting inventory increases for finished products to T-accounts - with posting entries - Simply explained!

4,376 views

Herr Tafelschwamm

Published on Mar 27, 2023

About :

How do I post if I have an increase in inventory? How are the accounts closed? What do I have to bear in mind? An increase in inventory occurs when we produce more products than we ultimately sell. The surplus products are then posted to the inventory accounts and closed via the closing balance account. We also need the inventory changes account to include the products in the profit and loss. #bwl #accounting #booking #tconts #shouldhave #simplyexplained #learningvideo #herrtafelschwamm ____________________________ I really hope that this video has helped you to understand the topic better :) Since I am certainly not infallible, I am always grateful for praise and criticism so that I can do it either just as well or even better next time 😉 If you have any topic requests because you have a test or an exam coming up or you simply want to know more about a particular topic, then feel free to write to me in the comments under the videos or directly by message on Instagram: @herrtafelschwamm / herrtafelschwamm Attached you will find a few playlists that might also help you. I will gradually expand the playlists, as I still have countless videos in my head that I would like to implement 😉 Videos on external accounting / posting records and posting on T-accounts: • Basics of external accounting... Exercises on external accounting as preparation for class tests: • Exercises on external accounting... Videos on cost and performance accounting (KLR): • Cost and performance accounting - From the... Videos on business administration: procurement and warehousing: • Business administration: procurement and warehousing - V... Videos on business administration: financing and investment • Business administration: investment and financing - A...

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