valuation of inventory is
cost or net realizable value
which ever is lower
But my question is
if net realizable value is not available then how to value of closing stock
1 Replies
sujith kumar dasa
(banglore)
(1496 Points)
Replied 30 August 2019
If you had sales in Apr-19 to till date, then that sale value - realted cost if any would be net realisable value.
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