Dept Accounts | Transfer at Cost- Why is there reserve?

Accountancy

MTP Nov 20: In the given case, the adjustments clearly say the transfer has been at cost. Why are we applying reserves then?

Suraj Narayanan

Qualified CA

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21-Nov-20 01:33

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Answers (2)

It is cost to transferee department. That is receiving department

CA Suraj Lakhotia

Admin

21-Nov-20 10:09

CA Suraj Lakhotia Admin

It is cost to transferee department. That is receiving department

Thank you sir

Thread Starter

Suraj Narayanan

Qualified CA

★ 7K+

22-Nov-20 01:11