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As2 conceptually what

Historical cost is 425000 and net realizable value is 425000 Inventory will be valued on at lower of the above cost on and NRV Now in this situation which is the most. Concept, Answer is 425000 but the first chance preference will be given to.

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Sultana Sultana

Sultana Sultana

CA Inter

245

03-Jan-21 04:45

33

Answers (1)

It will be considered as being valued at cost.


Suraj Lakhotia

Suraj Lakhotia

Admin

04-Jan-21 15:43

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