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Iam not able to understand how to evaluate stock reserve in this question. See the attachment pls
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Best Answer
Thread Starter
Anirudh guptaSir here is the problem
Both assumptions are possible. If you see entire stock - price has been reduced. So accordingly reserve is to be reduced.
CA Suraj Lakhotia Admin
Reduction in value due to decrease in price.
Sir there is a same problem in icai book but he did not take any reduction sir.
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