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.Management Sciences
A. Cost Price
B. Market Price
C. Cost price or Market price whichever is higher
D. Cost price or Market price whichever is lower
[Hints: D. Para 5, of AS-2 states that inventories should be valued at the lower of cost and net realizable value.]
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- The periodic total of sales day book is posted to___________?
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- An income statement in which each item expressed as percentage of Sale?
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