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Assume that the following transactions occurred in the month of June in Star LLC. Based on the given information, calculate the ending inventory balance on
Assume that the following transactions occurred in the month of June in Star LLC. Based on the given information, calculate the ending inventory balance on 20th June by following LIFO method. 1st June Opening inventory 500 units @ OMR 5.000. June 5th purchased 300 units @ OMR5.5. 14th June sold 450 units. June 15th sold 100 units. June 18th purchased 100 units @ OMR 5.75 each. a. OMR1825 b. OMR 1250 c. None of the given options d. OMR1750
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