Ini adalah slide presentasi bahasa Inggris untuk materi Akuntansi SMK >> Perpetual FIFO

1. Adora Aline Alfiana
Vocational High School
surAKARTA

2. System of inventory control which is
continuously records all of the
change of inventory.

3. FIFO (First In First Out)
LIFO (Last In First Out)
AVERAGE

4. FIFO Method
The FIRST inventories
bought are the FIRST
ones to be sold, and
inventories which
bought later are sold
later.

5. The Form Of Inventory Card
Company’s Name
INVENTORY CARD
Accounting Period
Item Name :
DATE
DOC.
NUMBER
Page :
DESCRIPTION
IN
UNIT
PRICE TOTAL
OUT
UNIT
PRICE TOTAL
BALANCE
UNIT
PRICE TOTAL

6. ABC Company has records as follow :
1st January 2012 : Beginning Balance of HP-1 is
30 unit at $10 each.
3rd January 2012 : There is a purchase of HP-1
from Jay Company, 50 unit at $20 each.
4th January 2012 : There is a sales from Gold
company, 40 unit at $22 each.

7. Let’s Record
ABC Company
INVENTORY CARD
January, 2012
Item Name : HP-1
DATE
DOC.
NUMBER
Page : 1
IN
1
BALANCE
DESCRIPTION
UNIT
2012
Jan
OUT
PRICE
TOTAL
UNIT
PRICE
TOTAL
3
Jay Comp. Jan50Opening $1000
$20 Balance, 30 unit @$10
1st
:
4
Gold Comp.
PRICE
TOTAL
30
Op. Balance
UNIT
$10
$300
30
50
$10 $300
$20 $1000
30 $10 @$20
3rd Jan : Purchase, 50 unit $300 -10
$20
4th Jan : Sales, 40 unit @$22
$200
40
$20
$800