6 mars
Que. No. 1
Bike LTD purchased 10 bikes during January and sold 6 bikes, details of which are as follows: January 1 Purchased 5 bices @
Rs. 50 each January 5 Sold 2 bikes January 10 Sold 1 bike January 15 Purchased 5 bikes @ Rs. 70 each January 25 Sold 3 bikes
Show value of closing inventory as per FIFO method
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