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PAS 2 - Measurement of Inventory - Lower of Cost and Net Realizable Value (LCNRV) Learn the measurement of inventory in the statement of financial position. Reference: Conceptual Framework and Accounting Standards by Sir Conrado T. Valix, Sir Jose F. Peralta, and Sir Christian Aris M. Valix Please subscribe: / filipinoaccountingtutorial Follow us on facebook: / filipinoacctg.tutorial #PAS2 #MeasurementofInventories #LCNRV **** High quality CPALE Review Center ba ang hanap mo? 🙂 Budget friendly na plus we offer P500 discount pa! 🙂 50% OFF pa for students! 🙂 Calamba Review Center- Laguna (LCRC) is offering Online CPA Review! 💓 The CPALE Reviewers of LCRC are HIGH caliber reviewers! 🙂 Full Package Tuition Fees (50% off for students) We are offering P500 DISCOUNT para sa mga mag-a-avail ng Full Package💓 Use Filipino Accounting Tutorial's coupon code FAT500 to avail P500 discount (Applicable lamang ito coupon code if you avail the LCRC's Full Package Online CPA Review) Avail LCRC's Online CPA Review 20-day FREE Trial! 💓 Click here for additional information: https://web.facebook.com/watch/?v=256... ----------------------- Basic Accounting Playlist: • Basic Accounting - The Accounting Equation... Partnership and Corporation Accounting Playlist: Partnership: • Partnership Formation - Individuals with N... Corporation: • Accounting for Corporations - Share Capital Conceptual Framework and Accounting Standards Playlist: • Statement of Financial Position (PAS 1) Intermediate Accounting Playlist: • Petty Cash Fund - Imprest Fund System Accounting for Special Transactions (Advanced Accounting) Playlist: • Partnership Formation - Individuals with N... Cost Accounting Playlist: • Cost Accounting - Costs Concepts and Class... Management Advisory Services Playlist: • Various Classifications of Costs