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Question 1 From the following details, prepare stock record for each of the stock valuation methods FIFO, LIFO and Weighted Average Date 1 Jan 3

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Question 1 From the following details, prepare stock record for each of the stock valuation methods FIFO, LIFO and Weighted Average Date 1 Jan 3 Jan 8 Jan 15 Jan 23 Jan 30 Jan Particulars Opening inventory Purchases Sales Sales Purchases Sales Unit / Cost (RM) 10 units @ RM30 each 8 units @ RM35 each 6 units 7 units 10 units @ RM40 each 12 units

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