Answer Posted / dinesh bansal
IF LIFO PRICE INCREASE, MEANS, EITHER COST OF PURCHASE
PRICE IS DECLINING IN COMPARISON OF THE PREVIOUS RATES OR
THERE IS HIGHER PRICE STOCK WHICH IS NOT MOVING IN
COMPERISON OF LOWER PRICE STOCK
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
What is meant by Revenue Loss
what is span of shares
Dear sir i had been called for ntpc interview and gd next month..please guide me for it!
i want know how to calculate it in payroll please mail me the percentages using there ?
EXPAND___________NPO
WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?
EXPAND______________ICT
What are Corporate Action?
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..
Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
What Kind Of Requirements for Vat Refund And Assessment Cases
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule