Stock-in-trade is valued at ?

Challenger App

Practices of Banking

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

Stock-in-trade is valued at ?

AMarket Price

BCost Price or Market Price which is higher

CCost price

DCost Price or Market Price which is lower

Answer:

D. Cost Price or Market Price which is lower

Related Questions:

When cheque deposited into bank, dishonoured, the account debited is

The capital is increased by profit or decreased by Loss is called _______

Subscription received in advance is ________ a/c :

Which of the following does not constitute risk cost ?

Reserve for discount on debtors is :