How to Explain the Net Realisable Value of Inventory Valuation?

Описание: #inventory #valuation #nrv
Learn how to explain the net realisable value of #inventory #valuation in #olevels #accounting according to the #syllabus and #exam point of view.

Overview:
This self-explanatory video for net realisable value of inventory valuation methods for Cambridge O Level Accounting 7707 / 0452 / 0985. This video is helpful for students who are appearing in Cambridge O Level thorough CAIE / IGCSE / IGCSE (9-1) around the globe.

Students can download lesson material, formats in pdf form through given links below.
https://drive.google.com/file/d/1Rx2v...

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Timestamps:
0:00 Introduction
0:39 What is NRV?
1:06 Key Concepts of NRV
1:49 Application of NRV
2:58 Example of NRV
3:38 Importance of NRV
4:20 Advantages of NRV
6:28 Disadvantages of NRV
8:28 NRV Impact on Balance Sheet
9:40 NRV Impact on Income Statement
11:05 NRV Impact on Financial Ratios
13:03 What is Next?
13:11 Notes & Formats for the Students
13:14 Outro
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