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Please explain me

Accountancy

Could you please explain me this short clearly my dear friends

IMG_20220813_151739.jpg

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

525

13-Aug-22 15:21

468

Answers (5)

Best Answer

Thread Starter

MPR Sanjay Kumar

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???

Current cost if you want to buy.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

16-Aug-22 09:52

What is the doubt? Did you go through the video which i shared the other day?


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

13-Aug-22 15:26

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???


Thread Starter

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

525

13-Aug-22 15:28

In raw material I have conceived sir in which time I should have to take the replacement cost


Thread Starter

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

525

13-Aug-22 15:29

CA Suraj Lakhotia Admin

Current cost if you want to buy.

Thank you so much my honourable CA sir


Thread Starter

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

525

16-Aug-22 10:04

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