How to calculate closing stock in chair manufacturing industry

Dear All, On what basis finished products is to be valued for Chair Manufacturing Company. Is there any guidelines from the ICAI?
Replies (1)

Dear Member,

Please follow the guidelines applicable by ICAI in AS -2. 

For more details please contatct at financemitra.co.in

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register