Valuation of Invenories

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How can we value the empty cans/empty bottels which are laying in the stock.........??  what are the applicable standards/ASI

Replies (2)

hi,

Firstly see how material is it.........if it is material you can value them on NRV.

Hello Ramesh,

Please clarify whether the empty botteles/cans are reusable, i mean like beverages co. do.

If the bottles are reusable, then these cant be classified as inventory.

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