HELLO FRIENDS, CAN ANYBODY TELL ME HOW TO CALCULATE THE CLOSING STOCK OF PETOL PUMP.
I HAVE THE NET REALISABLE VALUE ON THAT DATE.
BUT FOR COST WHICH METHOD I USE FIFO OR AVEARGE COST METHOD.
PLS. HELP ME.
HOW TO CALCULATE?
THANKS.
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Petrol pump audit
Replies (2)
when no specific method is mentioned by the owner, FIFO is default.
PL.S ANY MORE REPLIES.
THANKS.
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