Accountancy, asked by nrana6403, 1 month ago

use of lifo fifo methoud is suitable at​

Answers

Answered by Anonymous
1

Answer:

Explanation:

The Last-In, First-Out (LIFO) method assumes that the last unit to arrive in inventory or more recent is sold first. The First-In, First-Out (FIFO) method assumes that the oldest unit of inventory is the sold first.

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