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net realisable value and sales value

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › net realisable value and sales value

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 1, 2016 at 12:33 pm #318617
    tahajaffri
    Member
    • Topics: 27
    • Replies: 24
    • ☆☆

    hi john…what are differences between sales value and net realisable value(NRV..PLEASE Explain….

    June 1, 2016 at 4:11 pm #318664
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    This is not examinable in Paper F2 – it is Paper F3 where it is examined.

    If you mean F3, then you really should watch our free lectures on inventory, because this is all explained there and I really cannot type out all the lectures here!

    NRV is the expected selling price less any further costs that will be needed in order to be able to sell them.

    (Our free lectures are a complete course for Paper F3 and cover everything needed to be able to pass the exam well)

    June 2, 2016 at 4:50 pm #318907
    tahajaffri
    Member
    • Topics: 27
    • Replies: 24
    • ☆☆

    thank u so much…

    June 2, 2016 at 6:26 pm #318932
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54705
    • ☆☆☆☆☆

    You are welcome 🙂

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