Determine the value of closing stock using the LIFO method By: Sunday|Published on: Dec 6|Categories: Accounting JAMB| 0 comments A. N2 000 B. N2500 C. N4000 D. N35000 Correct Answer: Option A – N2 000 Users Also Read These:Calculate the closing stock under FIFO method?Calculate the price per unit of closing stock using…If a company values its stock in the period of…Determine the closing stock under LOFO method?In a period of inflation; which of the following…SEE ALSO The manufacturing account is prepared to determine the cost of?