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From the following figures calculate the closing inventory in trade that would be shown using FIFO, LIFO and AVCO methods on a perpetual inventory basis.
From the following figures calculate the closing inventory in trade that would be shown using FIFO, LIFO and AVCO methods on a perpetual inventory basis. Sold January April October Bought 120@K16 80@K18 150@K19 June November 125@K22 210@K25
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