The method of inventory recording gives lower cost of goods sold in the income statement is classified as Options: A . &nbsplast in first out B . &nbsplast out receivable C . &nbspfirst out receivable D . &nbspfirst in first out

The method of inventory recording gives lower cost of goods sold in the income s

Question

The method of inventory recording gives lower cost of goods sold in the income statement is classified as

Options:

A . last in first out

B . last out receivable

C . first out receivable

D . first in first out

Answer: Option D
Answer: (d).first in first out

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