Inventories

Accountancy

The below given chart is wrong right? Can anyone tell me?

Soumya A

CA Inter

★ 20K+

25-Oct-21 21:10

584

Answers (4)

No it's not.. In place of Fifo they applied Lifo and vice versa

Dhakshana Dhakshana

CFA L2

★ 18K+

26-Oct-21 00:25

Dhakshana Dhakshana

No it's not.. In place of Fifo they applied Lifo and vice versa

Yeah that is what I am also asking... The words fifo and lifo are interchanged right and that is wrong na

Thread Starter

Soumya A

CA Inter

★ 20K+

26-Oct-21 23:38

Thread Starter

Soumya A

Yeah that is what I am also asking... The words fifo and lifo are interchanged right and that is wrong na

Yes

CA Suraj Lakhotia

Admin

27-Oct-21 14:37

CA Suraj Lakhotia Admin

Yes

Ok sir

Thread Starter

Soumya A

CA Inter

★ 20K+

27-Oct-21 15:30