Ipcc g-1 accounts query

Ritika (STUDENT) (266 Points)

28 April 2012  

.4 days left for exams nd  m giving ipcc both grups..

 i have started revision of accounts and have a few doubts .soo plzz help me out all my seniors

the doubt is in INVESTMENT A/C


how to calculate closing balance of investment a/c using FIFO METHOD?

IT IS AT MARKET PRICE OR COST PRICE WHICHEVER IS LESS ..but how to calculate cost price in fifo method??


plzzz help asap..thanks