05 September 2008
A co. has 50 switchboard as on 31 mar. on which sale price was rs.4500 per swbrd but out of these 20 were expected to b sold in following month when sale prc is expected to b rs.4000. what is value of cl.stock as per AS-2 IF THEY R VALUED AT NRV SINCE THEIR COST OF MFGH IS VERY HIGH.
CAclubindia
