Advertisements
Advertisements
प्रश्न
State whether the following statement is True or False.
Closing stock is always valued at market price.
विकल्प
True
False
MCQ
उत्तर
False
Explanation: Closing stock is valued at cost price or market price or whichever is less. So, the given statement is incorrect/false.
shaalaa.com
Effects of Adjustments-Closing Stock
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
Closing stock is always valued at market price.
When closing capital is greater than opening capital, it denotes _______.
Answer in one sentence only.
What is closing stock?
Answer in one sentence only.
How is closing stock valued?
Answer in one sentence only.
What do you mean by direct expenses?
Answer in one sentence only.
What do you mean by indirect expenses?
