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How should I know which method to use to solve problem direct or indirect if not specified

Kalash Ojha

CA Inter

★ 465

27-Sep-21 22:33

415

Answers (3)

If you got any Trading Ac items in that problem you can better to go with direct method..

Mahantesh Biradar

CMA Final

★ 15K+

27-Sep-21 23:13

And If there is only statement then indirect?

Thread Starter

Kalash Ojha

CA Inter

★ 465

27-Sep-21 23:29

If nothing is mentioned and you have the information for indirect method i.e. profit and loss account and balance sheet use indirect methof

CA Suraj Lakhotia

Admin

28-Sep-21 06:16

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