Which of the following is correct ? A. Inventories are assets held for use in the construction
Question:
Which of the following is correct ?
A. Inventories are assets held for use in the construction of the building, e.g., air conditioners
B. Inventories are assets held for sale in the ordinary course of business
C. Inventories includes machinery spares which is used irregularly
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B Inventories ...View the full answer
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Related Book For 
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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