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What is the difference between ending inventory using LIFO and ending invetory using FIFO referred to as?
The difference between ending inventory using LIFO and ending inventory using FIFO referred to as - LIFO reserve.
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Asked 1/27/2013 1:04:02 PM
Updated 1/19/2018 10:28:47 AM
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Edited by jeifunk [1/19/2018 10:28:16 AM]
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The difference between ending inventory using LIFO and ending inventory using FIFO referred to as - LIFO reserve.
Added 1/19/2018 10:28:47 AM
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