Stock Valuation
This query is : Resolved
29 January 2009
Is there any new notification related to stock valuation like items which are >6 months should be valued @Re.1 and >100 days should be at half the cost price etc? Please confirm.
30 January 2009
NO...
Valuation of old items depends on Management.. Old AS 2 is applicable
Valuation of old items depends on Management.. Old AS 2 is applicable
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