Interested to Buy Any Domain ? << Click Here >> for more details...
How tha valuation of Inventory should be done?
- 3 Answers
- 10647 Views
- Deloitte, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Inventory should be valued at Cost or Market value whichever
is lower. This is based on the principle of conservatism.
It's also expressed as 'Lower of cost or realizable value'.
| Is This Answer Correct ? | 31 Yes | 1 No |
Answer / umamaheshwara rao
inventory should be valued at the purchase of cost or present market value, which ever is lower.
| Is This Answer Correct ? | 1 Yes | 1 No |
what is Credit?
The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had paid 3000. Pass the necessary Journal entry for this.
27 Answers Accenture, Genpact, Sunshine,
asset = liab + equity , Asset = 120000 + 1 third of asset. what is asset value.
7 Answers Vipro Lifescience Pvt, Wipro,
what is the examples of direct income
How to create a Interest Invoices
what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle
What is invoice processing can u explain it?
what is finance
What is the journal entry of building rent and TDs payment?
Examples each for golden rules of accounting
31 Answers ABC, Accenture, BSNL, DELL, General Insurance Corporation, Genpact, IBM, Microsoft, Wipro,
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
Audit 
