true

Take Class 12 Tuition from the Best Tutors

Affordable fees
1-1 or Group class
Flexible Timings
Verified Tutors

Search in

Valuation of stock

27/08/2018 1 0

Stock valuation is a cumbersome process. A business can adopt numerous methods of valuation of stock viz , FIFO, LIFO, AVERAGE, WEIGHTED AVERAGE, etc

Irrespective of the usage of various method of valuation of stock, the basic principle that cost or net realisable value whichever is less should be the value of closing stock for the purpose of financial statements.

1 Like 0 Dislike

Follow 1

Other Lessons for You

Law: Nature And Kinds Of Contracts

CHAPTER SUMMARY: 1.1. INTRODUCTION AND DEFINITION OF CONTRACT Following points/topics are discussed under this article: 1.1.1. Introduction: In India, the law relating to contracts is contained in...

Vidyadhan Academy Pvt. Ltd.

0 0

Best Method To Study * Effective Utilization Of Time*

We often sit for long hours to study and at the end of it, we might feel unsatisfied. The time duration of study does not matter, the productivity does. A powerfully curated method that is tried and...

Nitya

1 0

What Are The Two Sources Of Stockholders' Equity?

The two basic sources of stockholders’ equity are: Contributed Capital Retained Earnings i. Contributed Capital: One of the two main sources of stockholders’ equity is contributed capital....

Khushboo B.

1 0

Section 4 Of Companies Act, 2013 Memorandum:

1. The memorandum of a company shall state: a. The name of the company with the last word “Limited” in the case of a public limited company, or the last words “Private Limited”...

Kousiki Chakraborty

1 0

Comparisons - CA, B.Com, BBA and LLB

Criteria CA B.Com LLB BBA Duration 5 years 3 years 5 years 3 years Entrance Test CPT Not required CLAT CET University ICAI Various Bar...

Rishabh Pandey

0 0

Find Grade 12 Tuition near you

Online Tuition Class 12

Looking for Class 12 Tuition ?

Learn from Best Tutors on UrbanPro.

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you

Class 12 Tuition Questions

Give two example each of Non-Current Assets and Non- Current Liabilities.

6 Answers

Why stock is excluded from liquid assets?

5 Answers

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

Select the best Tutor
Book & Attend a Free Demo
Pay and start Learning

Migrate

Class

Subject

Chapter

Migrate to

Concept Solution

Migration Successful

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

I am a Student I am a Tutor
Name*	Please enter your full name. Please enter institute name.
Email*	Please enter your email address.
Phone*	Please enter a valid phone number.
Location*	Please enter a pincode or area name.
City*	Please enter city name.
Category*	Please enter category.
Gender*	Male Female Please select your gender.
Email ID/ Mobile No.*	Please enter either mobile no. or email.
Enter Password*	Please enter OTP Please enter Password Sorry, this phone number is not verified, Please login with your email Id.