AS-2

AS 1019 views 2 replies

Can anybody give examples of the cases where interest is included in computing the cost of inventory? or in other words cases in which interest is involved in bringing the inventories to their present location and condition?

Replies (2)

When documents are sent through bankers with interest for the period till clearance is paid by the supplier while clearing the documents

well, this can be a case with any stock. can you be a bit specific?


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