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If no information is available, the General Rule for valuation of stock for balance sheet is

Looking for the answer to the question below related to Financial Management?

If no information is available, the General Rule for valuation of stock for balance sheet is

 Options:

A. Replacement Cost
B. Realizable Value
C. Historical Cost
D. Standard Cost

 

The Correct Answer Is:

  • C. Historical Cost

 

Conclusion

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