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Inventory Costing Lab
Edit the cost layers and the sale, then compare cost of goods sold, ending inventory and gross profit under FIFO, weighted average and specific identification.
BAT4M Financial Accounting PrinciplesUsed in 1 lesson
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BAT4MAmortization Lab
Build straight-line, declining-balance and units-of-output schedules, compare book value over time, and dispose of the asset to see the gain or loss.
Used in 2 lessons
BAT4MPartnership Income Split
Divide net income or a net loss among two or three partners with salary allowances, interest on capital and a ratio, and watch a negative remainder get shared out.
Used in 1 lesson