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Provide closing stock using last in first out inventory Q.No.2. For the month of April, 2021, the opening stock of the company ABC was 200

image text in transcribedProvide closing stock using last in first out inventory

Q.No.2. For the month of April, 2021, the opening stock of the company ABC was 200 units @ 10 each. Purchases: April 05, 2021 300 units @ 12 each April 08, 2021 400 units @ 08 each April 20, 2021 500 units @ 10 each Issues: April 06, 2021 200 units @ 12 each April 10, 2021 300 units @ 12 each April 16, 2021 200 units @ 12 each April 25, 2021 300 units @ 12 each Required: Provide closing stock using last in first out inventory valuation method

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