Stock valuation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 June 2013
suppose mr.x has flour mill..his flour packets of rs.10000/-have the expiry date of before 31.03.20xx then.how would we value the stocks...whether this 10000 would be traeted as scrap.
CMA Ramesh Krishnan
(Expert)
15 June 2013
Need to treat as scarp and value as net realisable value
Message likes :
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CMA Ramesh Krishnan
(Expert)
15 June 2013
Need to treat as scarp and value as net realisable value
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