What is the best method to record transaction of accounting and why ? lifo or fifo or average !!

Question added by Iyad Ali , محاسب , مستشفى الهلال الاحمر
Date Posted: 2015/02/22

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by Babar ALi Mumtaz Ali , Accounts Manager , Almousa Group

FIFO and Weighted Average is the best methods to record the stock values because these methods gives the more accurate picture about the stock value.

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