Multiple Choice Questions on Closing stock is shown in Financial statement at ........ for Commerce ( 11 and 12th) Preparation

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Multiple Choice Questions

Closing stock is shown in Financial statement at ........

Accountancy (11th) Chapter-10 Financial Statements-2
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    Closing stock is shown in Financial statement at

    Cost Price

    Incorrect Answer

    Realisable Value

    Incorrect Answer

    Cost price or Realisable value whichever is greater

    Incorrect Answer

    Cost price or Realisable value whichever is less

    Correct Answer
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    Explanation:

    Cost price or Realisable value whichever is less

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