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Treatment of repair expense
This 2500 is spent for repair of damaged radio sets in the closing inventory. Will this be included in the cost of closing inventory? Why or why not?
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Aman Mahajan
CA Inter
★ 18K+
03-Dec-20 16:36
13
Answers (1)
Best Answer
It will not be included. It does not improve the state of radios.
Suraj Lakhotia
Admin
03-Dec-20 20:46
