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Why have we recorded entries at invoice price.. There is no entry to reduce markup also y sir?

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Shru Kanda

CA Inter

★ 520

04-Dec-20 19:51

Answers (7)

In final accounts method its prepared at Cost to branch.

Suraj Lakhotia

Admin

07-Dec-20 16:48

I dint get u sir

Shru Kanda

CA Inter

★ 520

07-Dec-20 17:44

The illustration you are referring to is final accounts method. In this method it is prepared at cost to branch.

Suraj Lakhotia

Admin

09-Dec-20 15:51

Final accounts is always prepared at cost to branch or oly in dis sum

Shru Kanda

CA Inter

★ 520

09-Dec-20 17:08

Shru Kanda

Final accounts is always prepared at cost to branch or oly in dis sum

In final accounts method, it is done at cost to branch.

Suraj Lakhotia

Admin

11-Dec-20 21:38

Invoice price of ho to branch. Is cost to branch ah sir

Shru Kanda

CA Inter

★ 520

11-Dec-20 21:44

Shru Kanda

Invoice price of ho to branch. Is cost to branch ah sir

Yes

Suraj Lakhotia

Admin

12-Dec-20 05:29

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