Cost price or market price

Rakesh Kumar Rana (IPCC Student) (342 Points)

27 March 2014  
respective member's i have a query regarding closing a partnership firm sir my firm is closed on 31/03/2014 and start new name of pvt. ltd. in april 2014 sir we have closing stock of our firm rupee 800000/- aprox. shows in balance sheet or sale to new company. and if show then it show on at cost price or market price