Home » Accounts (Principles of Accounts) » Which of the following is not an inventory costing method?Which of the following is not an inventory costing method? Which of the following is not an inventory costing method? A. FIFO B. LIFO C. Average cost method D. LILA Correct Answer: Option D Explanation Related Posts Given: Additional capital Capital Closing capital Net profit ₦ 4000 8000 12000 1500 The drawings… A business is treated as being separated from owners. This statement is emphasized by The trader’s capital in a single entry system is ascertained by preparing Determine the closing stock. Partly manufactured goods are treated in the balance sheet of a manufacturing company as The undistributed profits of a limited liability company is
