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In this session the chapter inventory valuation has been explained. The chapter consists of
- Definition of opening and closing inventory
- Significance of inventory valuation
- Effects of incorrect inventory valuation
- Effect on statement of financial position
- Rule of inventory valuation
- Example.
The notes have been uploaded in the exercise section
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Session 21: Inventory valuation
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Inventory valuation
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Explanation 13 mins
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Demo video
Explanation
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Explanation 13 mins
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Inventory valuation
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Excercise Files
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