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:Determine the closing stock under LOFO method?XYZ Ltd's total sales was #100,000. It had opening…Using FIFO method; what would be the value of stock…Using LIFO method of stock valuation; analyze the…From the following, determine the value of closing…