HOW TO DO ADJUSTMENT IN STOCK VALUTION
Menu
STOCK VALUTION
Replies (1)
Stock should be valued at cost or market price whichever is lower. If market price is lower than the cost ,it should be valued at market price , the resulting loss automatically gets reflected in trading a/c. No adjustment is necessary.
Recent Topics :
- Tax Benefit on Second Property
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
Related Topics :
CAclubindia
