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ation 5 vet vered ced out of Compute the Ending Inventory of Mr. Mohammed who practices FIFO inventory system in his books of accounts on
ation 5 vet vered ced out of Compute the Ending Inventory of Mr. Mohammed who practices FIFO inventory system in his books of accounts on 31st December 2019. He had a beginning inventory of 500 units @ RO 10 on 1st January 2020. He purchased fresh inventory of RO 2000 units @ 15 on 15th January 2020. He sold 1500 units @30 on 20th January 2020. ag ation a OMR 15,000 b. OMR 7,500 C. OMR 10,000 d. OMR 5,000
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