Closing stock
This query is : Resolved
11 October 2014
Dear all,
thanks in advance for all,
Please tell me methods of closing stock valuation with formulas and also tell me which method is best. tell in detail
thanks in advance for all,
Please tell me methods of closing stock valuation with formulas and also tell me which method is best. tell in detail
11 October 2014
you can valuation as accounting standard IAS -2 . average cost method. FIFO METHOD, LIFO.
As per IAS valuation will on cost or net releasable value whichever is less .
you can adopt FIFO METHOD.
As per IAS valuation will on cost or net releasable value whichever is less .
you can adopt FIFO METHOD.
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