IndigoLearn

Inventory

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 Inter

18K+

08-Dec-20 17:54

24

Answers (3)

Best Answer

BOok value as on 31st March


Suraj Lakhotia

Suraj Lakhotia

Admin

09-Dec-20 15:44

BOok value as on 31st March

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


Aman Mahajan

Aman Mahajan

CA Inter

18K+

09-Dec-20 15:57