ACCT 2100 at Kennesaw State University

7. Drawbacks to Periodic

in Topic 5 (Video 7 of 11)
The Periodic inventory has a couple of drawbacks, which we will discuss here.

This Video Mentioned Some Formulas

Beginning Inventory
+ Net Purchases
– Ending Inventory
COGS

Did I miss anything in Topic 5?

What Did I Miss?