Determine the value of closing stock using the LIFO method by Sunday | Dec 6 | Accounting JAMB | 0 comments A. N2 000 B. N2500 C. N4000 D. N35000 Correct Answer: Option A – N2 000 Users Also Read These:Using LIFO method of stock valuation; analyze the…The main factors that determine the value of a stock…Using the simple average method; what is the cost…Calculate the price per unit of closing stock using…If a company values its stock in the period of…