Answer Posted / syed shakir ali
This Two Types Of Method Using For Stock Valuation At Store
Means In Inventory System .
FIFO Stands For First in First Out.Which stock Added in
latest it will be issued as per this method.
LIFO Stands For Last In Fast Out Old STOCK Issues First as a
priority Both Methods Are Called Inventory Methods.
| Is This Answer Correct ? | 8 Yes | 4 No |
Post New Answer View All Answers
What are the types of liabilities accounts?
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??
I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?
How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries
If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes
what's the difference between impress cash account and petty cash account
What is Provision Entry
Tell me what is the equation for acid-test ratio in accounting?
Tell me what is the abbreviation for the accounting terms debit and credit?
Plz Ask from me New Accounting Questions.
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
Hey can any body tell me..What are negative assets?
Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.
What information do you require before you approve an invoice for payment?
I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?