In this video I have explained how to prepare Stores Ledger Account under Weighted Average Price Method or Average Cost (AVCO)
ā±TIMESTAMPS
0:00 - Intro
0:12 - Concept
3:57 : AVCO Problem
FIFO - First in First Out
https://youtu.be/IqBhf-1hzbk
LIFO - Last In First Out
https://youtu.be/f5Pv2ZjLFWY
Simple Average Price Method
https://youtu.be/OG_XBhAaHr4
This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.
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