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The Annual Returns of India's benchmark S&P BSE Sensex Index from 1991 thru 2019 are listed below: Data Source: Bombay Stock Exchange Select S&P BSE  BSE 28288.23 -581.28 -2.01%. Volume 0. JavaScript chart by amCharts 3.4.2 Show all. JavaScript chart by amCharts 3.4.2 on 

A flow chart is a schematic representation of a sequence of operations, as in a manufacturing process or computer program. Also called flow diagram , flow sheet .

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First-In, First-Out (FIFO) is one of the methods commonly used to estimate the value of inventory on hand at the end of an accounting period and the cost of goods sold during the period. This method assumes that inventory purchased or manufactured first is sold first and newer inventory remains unsold. Inventory Valuation Methods in Accounting – FIFO LIFO inventory Method. Inventory can make up a large amount of the assets on the balance sheet and so knowing how to analyze the inventory, and the method used by management is crucial. A large part of stock valuation comes from being able to understand how inventory is valued and built. Remaining inventory value = (50 shirts x $10 cost) + (200 shirts at $20 cost) = $4,500. Last-in-first-out (LIFO) inventory valuation. The last-in-first-out (LIFO) inventory valuation method assumes that the most recently purchased or manufactured items are sold first – so the exact opposite of the FIFO method.

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ninja-tim writes should I say get my bookkeeper to use, MYOB. Bookkeeper should write off the inventory that is obsolete (Cannot be sold) and possibly change the inventory to the current market value (if your stock is in bad shape, a lot worse than in got delivered as).