AS 2
This query is : Resolved
Yogesh Kumar gupta
(Querist)
05 August 2010
In case of valuation of inventory at NRV,which market value to be taken,whether at date of closing of b/s or at the date of signing the b/s? Is there any disclosure requirement for such?
Aditya Maheshwari
(Expert)
05 August 2010
It should be as on the date of the balance sheet.
Anil Kumar Meena
(Expert)
05 August 2010
it should be on the date of balance sheeet...
as per AS2 its impied that is why we dont need to give any note..
as per AS2 its impied that is why we dont need to give any note..
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