1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======

1 Answers  

---

Explain what is the disadvantage of double entry system?

0 Answers  

---

If salary paid per month Rs 40000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)

7 Answers   Aegis,

---

Explain the Depreciation, objectives for calculating the depreciation and various method for calculating depreciation

1 Answers  

---

lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples

0 Answers   CPT,

---

Can we transfer balance on gl a/c to another Gl a/c if what is the process steps and tr code?

1 Answers   SK Engineering, TCS,

---

what is different between leaser of subsidary book and journal?

0 Answers  

---

what is sensex

9 Answers   Capital IQ,

---

What is purchase returns accounting

0 Answers  

---

how to show provident fun in balance sheet

4 Answers   Genpact, WBCS West Bengal Civil Service,

---

what are the adjustment entries?

2 Answers   emc2,

---

for which account the cost centre should be given?

1 Answers  

---