Question

4. Which inventory methods can you choose in Peachtree?

Answer 1

Peachtree utilizes a perpetual inventory system in which merchandising businesses update their inventories for purchase and sale of each item. The inventory can be tracked using one of the following costing methods:

*FIFO – First In First Out

*LIFO – Last In First Out

Answer 2

Answer:

LIFO

Explanation:

Because last fruits or trees rotten first so they need to be selled first.