.........method of stock valuation considered the purchase
price of stock which intered the godown last.
1)fifo
2)lifo
3)weight average
4)all the above methoed
chose the correct answer?



.........method of stock valuation considered the purchase price of stock which intered the godown..

Answer / maruthimuralidharan

Fifo

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

0 Answers  


If chq of Rs. 15000 bounced then how to enter reverse entery > Voucher Type....

4 Answers  


how do we pass the Entry for Reserves? and What is the Meaning of Surplus?

1 Answers  


What is the mean of capital in account

5 Answers   Syntel,


Sir I am taking the Salary Rs 18000/- the shown to me in Pay Roll Basis but not deduct any PF. Plz told me tha is the company liable to deduct my PF?

5 Answers  






what do you mean Provision for bad debit

8 Answers   Genpact,


What is the equation for acid-test ratio in accounting?

0 Answers  


What is imprest a/c ?

7 Answers   Berger Paints,


Difference between Accounting Concepts and Conventions

1 Answers   Genpact,


What is C & F Activity ?

2 Answers   Birla,


purchased a laptop for Rs.50000 and received one calculator costing Rs.1000 for free. Both laptop and calculator (stationery in nature) are meant for office use.What will be the journal entry in the books of both the parties?

21 Answers  


Explain in simple terms what is the difference between asset, equity, and liabilities?

0 Answers  


Categories