4. Which inventory methods can you choose in Peachtree?
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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
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Answer:
LIFO
Explanation:
Because last fruits or trees rotten first so they need to be selled first.
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