How tha valuation of Inventory should be done?

Question Posted / karanid

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How tha valuation of Inventory should be done?..

Answer / h.r. sreepada bhagi

Inventory should be valued at Cost or Market value whichever
is lower. This is based on the principle of conservatism.

It's also expressed as 'Lower of cost or realizable value'.

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How tha valuation of Inventory should be done?..

Answer / umamaheshwara rao

inventory should be valued at the purchase of cost or present market value, which ever is lower.

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How tha valuation of Inventory should be done?..

Answer / louay

lower cost of market

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