标题: LIFO Liquidation Effect on LIFO Reserve [打印本页] 作者: Unforseen 时间: 2013-5-9 22:21 标题: LIFO Liquidation Effect on LIFO Reserve
Hi all,
I’m having the hardest time conceptually visualizing how a LIFO liquidation causes the LIFO reserve to decrease. Any help would be greatly appreciated. Thanks everyone!作者: jmh530 时间: 2013-5-9 22:23
Ahhh perfect! Thanks a bunch s2000. I think i was getting hung up on the term “LIFO Liquidation” when I should have realized that inventory is decreasing (regardless of the classification).
Thanks a bunch 作者: Bad5shah 时间: 2013-5-9 22:23
JSigs wrote:Ahhh perfect! Thanks a bunch S2000.
My pleasure.
JSigs wrote:I think i was getting hung up on the term “LIFO Liquidation” when I should have realized that inventory is decreasing (regardless of the classification).
Many do. Glad to help you past that.
JSigs wrote:Thanks a bunch
You’re quite welcome.
