Petrol pump audit

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

15 September 2012  

HELLO FRIENDS, CAN ANYBODY TELL ME HOW TO CALCULATE THE CLOSING STOCK OF PETOL PUMP.

I HAVE THE NET REALISABLE VALUE ON THAT DATE.

BUT FOR COST WHICH METHOD I USE FIFO OR AVEARGE COST METHOD.

PLS. HELP ME.

HOW TO CALCULATE?

THANKS.