Ask Question
6 October, 07:07

What first in first out in accounting

+2
Answers (1)
  1. 6 October, 07:23
    0
    The correct answer is FIFO meaning that the oldest inventory items are recorded as sold first but do not necessarily mean that the exact oldest physical object has been tracked and sold.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What first in first out in accounting ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers