- This topic has 3 replies, 2 voices, and was last updated 2 weeks ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
If item cost 1000,its selling price is 1500 and alternative product available with modern technology cost 750. What should be the valuation of the item?
I think 1000 given above situation. Lower of cost and net realisable value.
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.