When should inventory be valued at its net realizable value?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 04:42 AM

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When should inventory be valued at its net realizable value?

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Inventory should be valued at its net realizable value when it is damaged used or obsolete The net r...View the full answer

Accounting concepts and applications

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