how to value stock?
Answer / bharathi
Valuation of Stock - Opening Stock Add: Purchase Less
Sales = Closing Stock (For Trading Company)
Valuation of Stock - Opening Stock of Raw Materials Add:
Purchase of Raw Materials Less: Consumption of Raw
Materials and Sales (if any) = Closing Stock (For
Manucaturing Company)
Opening Stock of Finished Goods Add: Production of Finished
Goods Less: Sales of Finished Goods = Closing Stock (For
Manufacturing Company) and also Value of Semi Finished
Goods to be included
Value of Stock to be valued at Market price or Actual cost
whichever is less
| Is This Answer Correct ? | 0 Yes | 0 No |
can we change date in tally.erp s/w in educational mode ?
what is salary slab for tds
where is transfer company director salary ? is in current liabilites , expenses or other?
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
How can I pass the journal entry for Work in progress. I would like to know that where should be the debit and credit allocated in accounting system. eg. WIP debit will be under asset a/c in balance sheet what about credit? pls.help me
what is the nagative good will?
what is defference between flat rate and reducing rate, and which is more affortable for borrower?
Tell me deferred taxation is a part of which equity?
What is the purpose of preparing a bank reconciliation and why is it necessary?
i want to know f form and how to use and how can purchase
how to posting tally esi employer contribution and pf employer contibution not included in salary
What are the four classifications of bad and doubtful debts as per the context of the bank?