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Valuation of Closing Stock- Diamond Ind.

Statutory Audit 1936 views 4 replies

Is there anyone knows the method of valuation of closing stock in Diamond Industroes ?

Replies (4)

SEE BALANCESHEET & AUDIT REPORT OF 1.GITANJALI GEMS LTS 2. SU-RAJ DIAMOND & JEWELLARY LTD

it wil be valued lower of cost or Nrv.

I am asking about valuation method of working

Refer to point no. 7

https://www.moneycontrol.com/annual-report/surajdiamondsjewellery/accounting-policy/SDJ01


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