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The inventory is valued at lower of cost of net realisable value. The cost is Rs.2 per unit and realisable value on the closing day of balance sheet is Rs.1.60 per unit. As such, it will be valued at Rs.1.60 per unit. As such, Value of inventory will be = 1.6*50000 = Rs.80,000
What is the primary objective of the Investor Education and Protection Fund Authority (IEPFA) collaboration with ACCA?
India’s forex reserves peaked at how many billion dollars for the week ending September 6, 2024?
_________ has entered into a definitive agreement with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire sharehold...
Who is the Chairman of Tata Group?
What is the percentage increase in the Minimum Support Price (MSP) of wheat for the 2025-26 marketing season?
The Supreme Court of India recently ruled that accessibility for persons with disabilities (PwDs) is:
The World Bank has approved a _______ loan to assist India in raising the standard of its technical education and expanding the number of jobs prospect...