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Accountancy

Sir I have a doubt in illustration 30 on cma material

Muhammed Riyas

CMA Inter

★ 2K+

24-Feb-21 16:44

267

Answers (4)

In question sales value is 24 lakhs and in answer it is 2 .4 lakhs is it mistake or else what?

Thread Starter

Muhammed Riyas

CMA Inter

★ 2K+

24-Feb-21 16:57

Thread Starter

Muhammed Riyas

In question sales value is 24 lakhs and in answer it is 2 .4 lakhs is it mistake or else what?

Question is wrong.

CA Suraj Lakhotia

Admin

24-Feb-21 17:01

Sir how to calculate valuation of closing stock and opening stock in these question can you explain please

Thread Starter

Muhammed Riyas

CMA Inter

★ 2K+

24-Feb-21 17:16

Thread Starter

Muhammed Riyas

Sir how to calculate valuation of closing stock and opening stock in these question can you explain please

It is given in the question that Stock in 2011 was valued at 10% less cost and closing stock for 2012 is calculated 10% above cost.

ruchi lahoti

CA Inter

★ 27K+

25-Feb-21 11:17

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