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The following are the details supplied by Agni Ltd. in respect of its raw materials for the Month of December, 2005 :On 31.12.2005, a shortage of 100 units was found.Q.Find the value of closing stock using LIFO principle.a)Rs 1,900b)Rs 2,400c)Rs 2,000d)Rs 1,000Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The following are the details supplied by Agni Ltd. in respect of its raw materials for the Month of December, 2005 :On 31.12.2005, a shortage of 100 units was found.Q.Find the value of closing stock using LIFO principle.a)Rs 1,900b)Rs 2,400c)Rs 2,000d)Rs 1,000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The following are the details supplied by Agni Ltd. in respect of its raw materials for the Month of December, 2005 :On 31.12.2005, a shortage of 100 units was found.Q.Find the value of closing stock using LIFO principle.a)Rs 1,900b)Rs 2,400c)Rs 2,000d)Rs 1,000Correct answer is option 'D'. Can you explain this answer?.

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