When the entire output is sold in an accounting year, then Value of Output is equal to ______.
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When the entire output is sold in an accounting year, then Value of Output is equal to ______.
Anurag Pathak Changed status to publish December 22, 2023
When the entire output is sold in an accounting year, then Value of Output is equal to Sale.
Explanation:-
When the entire output is sold, the change in inventories is zero
Value of Output = Sales + Change in inventories
Value of Output = Sales
Anurag Pathak Changed status to publish December 10, 2023
