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Two Popular Methods of Inventory Valuation: FIFO (First In, First Out) and LIFO (Last In, First Out)

  • Writer: Charles Stoy
    Charles Stoy
  • Dec 15, 2023
  • 3 min read

Welcome to the exciting world of inventory valuation methods! Today, we're going to dive into two popular methods: FIFO and LIFO. No, these aren't the names of adorable puppies, but rather ways to determine the value of your inventory.

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