A. Cost
B. Market price
C. Cost or Market price whichever is lower.
D. Cost less depreciation.
Related Mcqs:
- Closing stock is generally valued at______________??
- Floating assets are valued at____________??
- Depreciation is calculated on the____________??
- Property, Plant and Equipment are conventionally presented in the Balance Sheet at _________??
- Prepaid expenses are valued on the Balance Sheet at?
- The price which covers the variable cost as well as the fixed price is
- A competitive firm will maximise profits at the output where
- When the declining-balance method is used
- While finalizing the current year‘s accounts, the company realized that an error was made in the calculation of closing stock of the previous year. In the previous year, closing stock was valued more by 50,000. As a result?
- Sellers reserve price means
