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Valuation of finished goods

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(Querist)
25 June 2013 Why there is difference in valuation of finished goods from Accounts & Costing.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
29 June 2013 In accounts finished goods valued at cost or net realisable value which ever is less

How ever costing, will take cost value only

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