HELLO FRIENDS, PLS. TELL ME, WHICH METHOD OF STOCK VALUATION IS BEST FIFO OR AVERAGE COST METHOD.
I MAIN TAIN THE ACCOUNTS IN TALLY, IT TAKES AVERAGE COST METHOD BY DEFAULT.
BUT I THINK FIFO IS EASY.
SO PLS. HELP ME, WHICH IS THE BEST METHOD AND ACCEPTABLE TA ALL DEPTTS.
THANKS.
FIFO method as per AS -2
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