Accountancy, asked by yogarengarajen2210, 10 months ago

according to cost asset are recorded at realisable value

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Answered by Ra236460

Answer:

Net realizable value (NRV) is the cash amount that a company expects to receive. ... In the context of inventory, net realizable value is the expected selling price in the ordinary course of business minus any costs of completion, disposal, and transportation.

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