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What are the methods of the inventory estimation?

Accounting Cost Accounting Financial Accounting Finance
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Question added by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies
Date Posted: 2017/05/28
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Soliman Abd ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Methods of inventory estimation are : 1_Gross profit method​ uses information contained in the too portion of a merchandiser's multiple-step income statement 2-Related method can be used by retailers who have their merchandise records in both cost and retail selling prices.

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