Cost of goods sold & net realisable value

prasad Nilugal (Sr . Accountant and GST Practitioner . )     14 February 2021

1) Net  realizable value is  estimated  selling price of goods , minus the cost  of their sale . 

2) Cost  of Goods sold =   Oping  stock  + purchase - closing stock . 

MPR sanjay Kumar (CA student)     14 February 2021