Question
A company makes the following purchases during a month:
100 units at ₹10 each on 1 July and 200 units at ₹12 each on 14 July and later, on 25 July, 150 units are sold. Using the FIFO (First In, First Out) method, what is the value of the closing Inventory for July end?Solution
The correct answer is D
Which new sports are being introduced for the first time in KIUG 2025?
- Who received the Governor of Massachusetts’ Citation for global leadership?
Consider the following statements about Garba dance:
1. Recently, Garba has been inscribed in the Representative List of Intangible Cultu...
A commericial bank has to keep a fix % of depoits on weekly basis in RBI, it is known as?
How is Dhanpat Rai Srivastava better known as?
Which indigenously developed explosive was successfully tested by the Indian Navy, marking a significant achievement in India's defense self-reliance?
National Skill Development Corporation (NSDC) has partnered with ________ under the Skill India Mission to support self-employment and augment entrepren...
Under the special arrangement for automobiles, what is the reduced import duty rate for European cars priced above ₹25 lakh, subject to quota?
The Indian Railways is constructing the tallest pier railway bridge of the world in ________.
Reserve Bank of India has proposed to increase the payment limit for UPI Lite to how much?
