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This video contains detailed #class12boardexam solution of #class12accounts Old is gold model question related to accounting for inventory or Inventory management under Periodic Inventory System where inventory is managed following Last In First Out (LIFO) Method . The question is 2081 Set D Q.No.17 II. The question is also suitable for all #management #students who are learning #accounting topics related to #fifo , #lifo ,#wac, #inventorymanagement while studying #bbs #bba #bbm #mba #mbm or any other #bachelors and #master level. Here is the Time stamp for the video:- 00:00 Intro 01:01 Question Reveal 01:23 Question Explanation 03:03 Solution Starts 09:36 Complete Solution Here, we first calculated units of goods available for sales, closing stock and sales. Then calculate cost of goods available for sales then only As per LIFO method, we calculate cost of goods sold and closing stock. If you watch this video and practice the question along with me I can guarantee that you will surely score 90% of the score in questions related to above question in your exam. Playlist of Accounting for Inventories and Cost of goods sold for Class 12, BBS 1st Year , BBA 2nd Semester, BBM, BCA etc. • Inventory Management System | LIFO FIFO WA... Accounting for inventories bbs 1st year part 1 Accounting for inventories bbs 1st year part 2 Accounting for inventories bbs 1st year part 3 Accounting for inventories bbs 1st year part 4 Accounting for inventories bbs 1st year part 5 bbs first year account chapter 5 bbs 1st year account chapter 5 Weighted average method accoun ting weighted average method cost accounting Perpetual Inventory system Periodic inventory system Simple Average Method class 12 inventory management Inventory Management class 12 inventory management bbs FIFO LIFO Accounting #inventory #inventorymanagementsystem #inventorymanagement #fifo #lifo # #class12accounts #examsolution #class12accounts #nebclass12 #account #class12accounting #class12accountancy #class12account #nebaccounts #bba #bbs #bca #bhms #bbm