kindly resolve the issue :
as per AS -2 valuation of closing stock is made
A) at cost price
B) at market price
C) cost price or market price whichever is lower
D)cost or net realizeable value whichever is lower.
thanks
HARMESH KUMAR GARG (ARTICLE) (33 Points)
16 May 2016kindly resolve the issue :
as per AS -2 valuation of closing stock is made
A) at cost price
B) at market price
C) cost price or market price whichever is lower
D)cost or net realizeable value whichever is lower.
thanks
HARMESH KUMAR GARG
(ARTICLE)
(33 Points)
Replied 23 May 2016
Thanks but Sir,
why not "C" Kundly elaborate
I look forward to hearing you
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