"CAFC | Principles and Practice of Accounting | Company Accounts- Inventories | Lecture 2 part 2

Welcome to PreExam CAFC – your trusted guide for Commerce and CA Foundation studies! In this video, we dive deep into the topic of Inventories, one of the most important concepts in Accounting. This video is perfect for Class 11, 12 (Commerce) and CA Foundation students preparing for their exams. 📘 Topics Covered: Meaning and Definition of Inventory Types of Inventories (Raw Material, Work-in-Progress, Finished Goods) Inventory Valuation Methods (FIFO, LIFO, Weighted Average) Practical Examples and Concepts Simplified Importance of Inventories in Financial Statements 📚 Ideal For: CA Foundation Students Class 11 & 12 (Commerce Stream) Competitive Exam Aspirants Stay tuned with PreExam CAFC for more exam-focused videos, study tricks, and simplified learning. 🔔 Don’t forget to Like, Share & Subscribe! #Inventories #Accounting #CAFoundation #CommerceClass #PreExamCAFC