#1 Inventory Valuation | ICAI CA Foundation Accounts | Siraj shaikh скачать в хорошем качестве

#1 Inventory Valuation | ICAI CA Foundation Accounts | Siraj shaikh

In this video, we will understand the *Inventories topic* in the simplest way for CA Foundation students. 📦 *What is Inventory?* Inventory = Stock of goods kept for sale or production. 🛒 *Types of Inventories:* 1️⃣ Raw Materials 2️⃣ Work-in-Progress (WIP) 3️⃣ Finished Goods 🧾 *Valuation Rule (AS 2):* 👉 Inventory is valued at *Cost or Net Realisable Value (NRV), whichever is lower.* *Cost* = Purchase price + Expenses (freight, duties, etc.) – Discounts *NRV* = Selling Price – Selling Expenses 📚 *Methods of Valuation:* ✔ FIFO (First In, First Out) ✔ LIFO (Last In, First Out – not used in AS but studied) ✔ Weighted Average 🏪 *Why Important?* Affects Profit & Loss Account Shows true Balance Sheet position Needed for tax & decision making ✅ *In short:* Inventory is the stock of goods, valued at *Cost or NRV (whichever is lower)*, using FIFO, LIFO, or Weighted Average method. i just hope you all must have liked the video, so do comment your view and do like and share the channel if you all feel worth sharing the channel. Don’t forget to subscribe our channel    / sam4sir      / @sirajshaikhd.  . Must check playlist for all other videos. ❣️ Like, share or subscribe karna mat bhulna..!!! For notes and important questions join our telegram channel : Telegram : skyeducationofficial (in case of link failure just search by name https://t.me/skyeducationofficial https://t.me/sirajshaikhdegreestudy Connect with me on all other social media networks Facebook : siraj shaikh Instagram : sam4sir00 Twitter : sirajsam4sir Snapchat : sam4sir (siraj shaikh) Telegram : sam4sir00 ✨ Don’t forget to *Like 👍 | Share 🔄 | Subscribe 🔔* for more CA Foundation concepts in simple language! #CAFoundation #Inventories #Accounting #AS2 #CAFPrep