AS 2

Accountancy

Here in part b , NRV is lower than cost sir..here it is given as it is more..is this correct sir?.. Cost = 50000 NRV = 55000 - 5500 = 49500 Then we want to less 500 also sir ?..

shanthini hariharan

CA Final

★ 10K+

16-Feb-24 12:14

430

Answers (6)

Cause that’s the calculated NRV computed So separately we don’t hv to consider commission

Sushmita Chowdhury

CA Inter

★ 2K+

16-Feb-24 18:12

Ok mam

Thread Starter

shanthini hariharan

CA Final

★ 10K+

16-Feb-24 18:35

I’m student Of CA Inter

Sushmita Chowdhury

CA Inter

★ 2K+

16-Feb-24 18:43

NRV means already commission is deducted.

CA Suraj Lakhotia

Admin

16-Feb-24 18:44

Sushmita Chowdhury

I’m student Of CA Inter

Ok.. thank you

Thread Starter

shanthini hariharan

CA Final

★ 10K+

16-Feb-24 18:47

CA Suraj Lakhotia Admin

NRV means already commission is deducted.

Thank you sir..

Thread Starter

shanthini hariharan

CA Final

★ 10K+

16-Feb-24 18:47

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AS 2

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