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During recess,children are trying to balance a seesaw.If one side is too heavy,a child will get off the heavy side;if one side is too light,a child will get on the light side.The children's
Behavior is similar to our biological states as they try to create
Beginning Inventory
The financial value of stock ready for market at the beginning of a bookkeeping period.
Average Inventory
An estimation of the value of inventory over a certain time period, typically calculated by averaging the inventory levels at the beginning and end of the period.
Ending Inventory
The cumulative value of goods prepared for sale by the end of a bookkeeping period.
Beginning Inventory
The value of all the goods available for sale by a company at the start of an accounting period.
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