UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕
true
default_background

Take Class 12 Tuition from the Best Tutors

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

Book a Free Demo

Class 12 Tuition > Learn Commerce > Valuation of stock
✕

Search in

Valuation of stock

Vijayakumar V.
27/08/2018 0 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.

0 Dislike
Follow 1

Please Enter a comment

Submit

Other Lessons for You

Set-off And Carry Forward Of Business Losses
Set-off & Carry Forward Of Business Losses: Set-Off means adjustment of certain losses against the income under other sources in the same assessment year. Carrying Forward of unadjusted losses...
R

Ramasamy Ulaganathan

0 0
0
Consignment Meaning & Features
Meaning & Features Of Consignment Meaning: Consignment means the transaction of sending goods by one person (called CONSIGNOR) to another (called CONSIGNEE) who is to sell those goods on behalf of...

Fr Prashanth Reddy

Relevant v/s. Irrelevant Cost
The purpose of classifying cost into relevant and irrelevant is to eliminate unnecessary information that complicates the process of decision making. Relevant Cost: Cost which will be affected by the...

Fr Prashanth Reddy

4 0
0
What are the Top 10 mistakes one make during giving an Interview ?
Top 10 mistakes people make in an Interview: Lack of Preparation Unimpressive Introduction Defensive Body posture Baggage in Interview Dressing with Distractions Mismatch between your attire and...

Debeshi C.

1 0
0
Introduction To Partnership Firms
Fundamentals of partnership: A partnership comes into existence by an agreement. This agreement can be verbal or written. When two or more individuals enter into a partnership and sign a written agreement...

Srishti Agrawal

1 0
0

Find Grade 12 Tuition near you

Looking for Class 12 Tuition ?

Learn from Best Tutors on UrbanPro.

Book a Free Demo

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you

Class 12 Tuition Questions

Why stock is excluded from liquid assets?

5 Answers

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

6 Answers

X

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

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2026 All Rights Reserved