IndigoLearn

Forums

Back

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

CA Final

★ 19K+

08-Dec-20 17:54

596

Answers (3)

Best Answer

BOok value as on 31st March

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

CA Final

★ 19K+

09-Dec-20 15:57

Thread Starter

Aman Mahajan

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

CA Suraj Lakhotia

Admin

09-Dec-20 15:59

Your Reply

IndigoLearn

Helping students crack CA, CFA & ACCA since 2017. 14,000+ students have trusted us for the best CA,CFA, ACCA online classes. Learn from the best CA, CFA faculty, access top-quality content and clear your exams with confidence

IndigoLearn

Inventory

Your Reply

Company

Information

Offerings