Forums

Inventory

Accountancy

If the question says the physical inventory at 15 Apr 2020 and we are to find value of stock at 31 March 2020, should we find PHYSICAL inventory or PERIODIC (book value) inventory?


Aman Mahajan

Aman Mahajan

CA Final

19K+

08-Dec-20 17:54

384

Answers (3)

Best Answer

BOok value as on 31st March


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

09-Dec-20 15:44

CA Suraj Lakhotia Admin

BOok value as on 31st March

And do we need to mention that we have calculated book value?


Thread Starter

Aman Mahajan

Aman Mahajan

CA Final

19K+

09-Dec-20 15:57

Individual Modules Offer
FR Reporting