Stock is valued in the books of accounts at
| A. | Cost price |
| B. | Market price |
| C. |
Cost price of market price whichever is less
|
| D. |
Depends whether LIFO method is used or FIFO method is used
|
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
