stock Revaluation

Line 1
Original valuation (at date after year end)
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Line 2
Add Sales (at lower of cost or NRV)
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Line 3
Less Purchases
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Line 4
Less Sales returns (at lower of cost or NRV)
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Line 5
Add Purchases returns
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Line 6
Add Goods for private use of owners(drawings)
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Line 7
Less Free samples (if included in valuation)
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Line 8
Less obsolete/out of date/damaged(difference in value)
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Line 9
Add Sale or return (if not included in valuation)
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Line 10
Add Exhibition goods (if not included in valuation)
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Line 11
Revised valuation (at year end)
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Other cards in this set

Card 2

Front

Add Sales (at lower of cost or NRV)

Back

Line 2

Card 3

Front

Less Purchases

Back

Preview of the back of card 3

Card 4

Front

Less Sales returns (at lower of cost or NRV)

Back

Preview of the back of card 4

Card 5

Front

Add Purchases returns

Back

Preview of the back of card 5
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