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Accounting for Beginners #45 / LIFO / FIFO / Weighted Average / Summary / Inventory Perpetual

14,586 views

Intro:

Video Vocabulary

/ˈlərniNG/

noun verb

acquisition of knowledge or skills through study. To get knowledge or skills by study or experience.

/əˈbrēvēˌāt/

verb

To shorten a word or phrase by leaving out letters.

/ˈklasik/

noun other

established work of art. Studies of the literature of ancient Greece and Rome.

/ˈlīs(ə)nst/

adjective verb

Allowed to do because you have official permission. To give official permission to do something.

/ˈdif(ə)rəns/

noun verb

Not of the same kind; unlike other things. alter coat of arms.

/ˈbildiNG/

noun verb

structure with roof and walls. To establish e.g. a reputation, over time.

/wāt/

adjective verb

With an added advantage or disadvantage. hold something down by placing heavy object on top of it.

/strôNG/

adjective

Being the most powerful.

/ˈsəməˌrīz/

verb

To state the main or most important ideas.

/wəˈT͟Hout/

adverb conjunction preposition

outside. without it being case that. Not with; not having.

/ˈinvənˌtôrē/

noun verb

complete list of items. make inventory of.

adjective adverb noun preposition

situated on or near outside. situated beyond boundaries of place. external side or surface. situated beyond boundaries of.

/pərˈpeCH(o͞o)əl/

adjective

never ending or changing.

/bəˈɡinər/

noun other

person just starting to learn skill or take part in activity. People new to fields or activities.

/ˈplāˌlist/

noun

list of recorded songs or pieces of music chosen to be broadcast on radio show.

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