what is mean by net realizable value and cost of goods sold..
Menu
cost of goods sold & net realisable value
Replies (3)
1) Net realizable value is estimated selling price of goods , minus the cost of their sale .
2) Cost of Goods sold = Oping stock + purchase - closing stock .
Give an example for this two terms and case studies plse
Cogs= https://www.mca.gov.in/SearchableActs/Schedule3.htm
Nrv= https://cleartax.in/s/as-2-inventories-valuation
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
