Accounting for IGCSE & O level - Final Statements (Section 5 - No. 3)
What is the net realizable value?
Estimated selling price plus any additional costs
Estimated selling price less any additional costs
Estimated cost of goods sold less any costs incurred
Estimated cost of goods sold plus any costs incurred
Εξήγηση
Net realizable value is the estimated selling price less any additional costs.