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Abridged

Financial Management

Is abridged b/s means opening b/s Video Details ------------- Financial Management Financial Analysis & Planning - Ratio Analysis #10. Illustration 1: Part 2

07- Issac Jolly-XII C

CA Inter

★ 16K+

03-Dec-24 15:36

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Answers (3)

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CA Suraj Lakhotia

Admin

03-Dec-24 15:39

CA Suraj Lakhotia Admin

Summary

So can i assume the value inside the abriged balance sheet to be opening? In ratio my pov, it's better to not assume closing stock = opening assumption because I'm getting wrong because of that assumption in this chaptee

Thread Starter

07- Issac Jolly-XII C

CA Inter

★ 16K+

03-Dec-24 16:09

Thread Starter

07- Issac Jolly-XII C

Here you have to assume abridged is OS because there are a lot of subsequent movement details provided in the question

Sriram Somayajula

Admin

03-Dec-24 19:21

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