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Could you please explain me this short clearly my dear friends
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Thread Starter
MPR Sanjay KumarSir I watched thanks for your reply, could you please check me I am a correct or not, for working progress and finished goods we should have to value the inventory lower of cost or net realisable value... ..... For raw material at cost a replacement cost means???
Current cost if you want to buy.
CA Suraj Lakhotia Admin
What is the doubt? Did you go through the video which i shared the other day?
Sir I watched thanks for your reply, could you please check me I am a correct or not, for working progress and finished goods we should have to value the inventory lower of cost or net realisable value... ..... For raw material at cost a replacement cost means???