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Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

08-Jun-20 15:54

10

Bck

When manufacturer buys raw materials and produce mobile phones and sell them to distributor can' t we call it as trade?

Answers (10)

Suraj Lakhotia

Suraj Lakhotia

Admin

08-Jun-20 16:04

Trading is only buying and selling.

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

09-Jun-20 08:55

In the 5th question option D is all of the above. But here option D is different. Can't we say option C and D are correct as per this question

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Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

09-Jun-20 09:09

What is a defunct company ? Any example for such company

Sriram Somayajula

Sriram Somayajula

Admin

09-Jun-20 12:08

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

09-Jun-20 09:09


What is a defunct company ? Any example for such company

A defunct company is one which has gone bankrupt and has no continuing operations

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

09-Jun-20 13:25

sudha reddy

sudha reddy

Moderator

09-Jun-20 09:04


Buying for self consumption is not trading

Sir is option D correct

Suraj Lakhotia

Suraj Lakhotia

Admin

09-Jun-20 13:33

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

09-Jun-20 13:25


Sir is option D correct

In the given question both c & d are correct. There is a mistake in question.

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

09-Jun-20 14:42

When I asked option D as my first doubt i.e yesterday 12:40 p.m. you said trading meams only buying and selling.