Location Transport

plz help with showing the procedure!!?

Drive Line Shunt Pty Ltd has a number of vehicles for sale in its Parramatta workshops. Using the policy of ‘lower of cost and net realisable value’ how should these items be valued in the balance sheet? Stock item CostNet realisable value Ford Falcon station wagon 32,50040,000 VW surfing bus11,00012,850 Electric scooter1,900 2,800 Personal transporter3,200 4,500 The VW surfing bus needs work estimated at $2000 before it can be sold.

Public Comments

1. hu?