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Top suggestions for FIFO Vs LIFO Inventory Method
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FIFO
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LIFO
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4:59
diffen.com
FIFO vs LIFO
FIFO and LIFO accounting methods are used for determining the value of unsold inventory, the cost of goods sold and other transactions like stock repurchases that need to be reported at the end of the accounting period. FIFO stands for First In, First Out,
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