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Can you give occasion when the net realizable value is likely to fall below cost?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/12/12
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

The derivation is used in the estimated selling price of goods minus some deductions. *The derivation is used in determination of the lower of price or market for on -hand. *The deductions from the estimated selling price are any reasonably :predictable costs of *Completing inventory *Transportin the inventory *Disposing the inventory

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