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stock statement rate??
i just want to know that ,, what rate should we take while making a stock statement .. ? purchase rate or selling rate??
Replies (4)
If trading then take Purchase cost (Basic value without GST/ any Tax)
If manufacturing then seggregate the stocks in thats stage and claculate Values (WIP, Finished Goods, Raw Material, Semi FG)
cost price or net realizable value whichever is less need to be taken for computation of closing stock
ok sir tnkcc u so much
| Originally posted by : Ravi Sharma | ||
 |
ok sir tnkcc u so much |  |
YOU ARE WELCOME
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