• What is LIFO & FIFO?
- 3 Answers
- 5483 Views
- Mellon, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajesh
Lifo means Last in First Out
Fifo means First in First Out
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / hemanta behera
lifo-Last in first out
Exam-the stok who comes in last times in our company.the
stok send to first
fifo-first in first out
Exam-thes stok who comes in first times in our company.we
have relise the stok first
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / dipali
it is a accounting technique used for inventory management
and in other financial matters.
in which
LIFO means oldest inventory item is recorded as sold first.
FIFO means new inventory item recorded as sold first.
| Is This Answer Correct ? | 0 Yes | 0 No |
Expand---------SDRT?
short note on capital expenditure and revenue expenditure.
Define Busines entity concept?
Proposed Divided is not shown as current liabilities
i have need full detail of tds rules and forms submitted dovetails
EXPAND______________RDO
Why do you want to work with us
0 Answers GSK GlaxoSmithKline,
what is insider trading?
Expand-----------MRP
what do you mean by dual aspect of accounting?
EXPAND______________ONGC
what is Exposure ?
Audit 
