send mail to email@example.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
Please verify your mobile number
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Refer & Earn
My Abhipedia Earning
Kindly Login to view your earning
As per AS -2, Closing inventory is valued at
Cost or Net Realisable value whichever is more
Cost or Net Realisable value whichever is less
Accounting Standard 2 (AS 2) deals with the accounting treatment of inventories by the business entities. It provides details with regards to the items that comprise inventory and various costs associated with such an inventory.
As per Accounting Standard -2, Closing Inventory is always valued at Cost or Net Realisable value whichever is less.
By: NIHARIKA WALIA ProfileResourcesReport error
Access to prime resources