Accountancy, asked by tomsjiss1885, 11 months ago

Closing stock need to be valued at cost price or market price whichever is less..which is the accounting principal applies here?

Answers

Answered by Anonymous

7

HEY....

IT IS A PRINCIPAL OF....

CONSERVATISM...OR PRUDENCE...

Answered by Anonymous

8

Hey mate ✌️✌️

PRUDENCE PRINCIPAL.

✨ HOPE. THIS HELP YOU ✨

Anonymous: grt answer dear

Anonymous: wello sisuu

Previous Question

Next Question

Similar questions

Physics, 6 months ago

A man standing in front of a plane mirror finds his image at a distance 10 metre from himself. What is the distance of man from the mirror?

Social Sciences, 6 months ago

Find out and Write, Which other animals live in herds?

Physics, 6 months ago

An object of height 5cm is placed perpendicular to the principle axis of a convex lens of 'f' 10cm. If the distance of the object from 'o' is 20cm, determine the position, nature and size of the object...

English, 11 months ago

Read the dialogue given below and complete thepassage that follows. (4) Teacher: Why were you absent yesterday? Ravi: I went for a family friend's wedding. Teacher: The exams are approaching. Don't miss classes untilabsolutely necessary. Ravi: Sorry ma'am. I promise not to miss classes any more. The teacher asked Ravi (a) .................... Ravi replied that (b).................... a...

Art, 11 months ago

How we draw the stick of gandi ji...

Biology, 1 year ago

what is the vaccination of tuberculosis...

Science, 1 year ago

all of the rocks are removed from a desert ecosystem what would happen of the population of Rock dwelling lizards and turn the animals which eat I'm used diagram of flowchart to explain the same...

English, 1 year ago

This bench has much strength.Three people can sit on it.(combine this sentence using enough)...