Valuation of closing stock of finished goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 June 2013
sir, a yarn manufacturing company has various quality of closing stock as at 31.03.2013
please guide me step by step procedure to calculate the value of closing stock as at 31.03.2013
please guide me step by step procedure to calculate the value of closing stock as at 31.03.2013
Rupesh Jain
(Expert)
20 June 2013
UNDR AS-2 VALUATION OF CLOSING STOCK ON
COST OR NET REALISABLE VALUE WHICH EVER IS LESS
OTHER WISE BEST WAY THAT LAST YEAR VALUAION METHOD TO BE FOLLOW.
COST OR NET REALISABLE VALUE WHICH EVER IS LESS
OTHER WISE BEST WAY THAT LAST YEAR VALUAION METHOD TO BE FOLLOW.
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