Closing stock calculations for manufacturing co
This query is : Resolved
09 November 2015
Dear Sir,
We are Manufacturer and request you to tell us about Closing Stock Calculations.
Can We add all direct expenses to closing stock?
Kindly Reply sir
We are Manufacturer and request you to tell us about Closing Stock Calculations.
Can We add all direct expenses to closing stock?
Kindly Reply sir
09 November 2015
Dear Sir,
Market price and cost price which ever is lower . on that value closing stock will be calculated.
market value is your selling price and cost value is your cost of production plue stock caring cost.
so do the accordingly for the better understanding read the article on valuation of stock.
Market price and cost price which ever is lower . on that value closing stock will be calculated.
market value is your selling price and cost value is your cost of production plue stock caring cost.
so do the accordingly for the better understanding read the article on valuation of stock.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
