Determine the closing stock under LOFO method? by Sunday | Dec 7 | Accounting JAMB | 0 comments A. N575 B. N500 C. N375 D. N275 Correct Answer: Option A – N575 Users Also Read These:From the following, determine the value of closing…If the opening stock is Le200, cost of goods sold…Musa merchants Trading and profit and Loss Account…If the opening stock of Ali ltd is N40,000, cost of…The method of stock valuation in which the issue…