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
Which players has not been inducted into the MCC Hall of Fame?
Shiv Kumar Sharma who passes away recently was a:
What is the atomic number of helium?
Deficiency of which of the following vitamins causes excessive bleeding from wounds?
Under which schedule of the Indian Constitution were two MLAs from the Jharkhand State Assembly disqualified under the anti-defection law recently?
When was the Hindustan Republican Association formed?
To become the Vice President of India, a person must be _____ age for the eligibility of it.
The famous Sheesh Mahal in Punjab was built by which of the following rulers?
What is India's current rank on the 17 Sustainable Development Goals (SDG) index?
As of August 9, 2023, how many Jan Dhan accounts have been opened under PM Jan Dhan Yojana?