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Inventory presentation

Accountancy

Should we present questions from inventory in the format given in the study material ( attachment 1) or it may be written in trading a/c and derive the answer as taught in the class( attachment 2)...the answer is same in both the cases

Yamuna S

CA Inter

★ 15K+

29-Oct-22 19:33

314

Answers (6)

Best Answer

Either ways it's fine

Sugam SM

CA Final

★ 9K+

29-Oct-22 19:35

If u know trading account logic, you will easily get to know what to add and what to deduct and arrive at closing stock

Sugam SM

CA Final

★ 9K+

29-Oct-22 19:36

Sugam SM

If u know trading account logic, you will easily get to know what to add and what to deduct and arrive at closing stock

Yes...that's right...but I'm more comfortable with trading a/c and it saves time too ...so, writing in either of the ways doesn't have effect on marks ?

Thread Starter

Yamuna S

CA Inter

★ 15K+

29-Oct-22 19:39

You can present in either of the way. Use the one which you are more comfortable.

Swetha S

CA Inter

★ 15K+

29-Oct-22 19:40

Thread Starter

Yamuna S

Yes...that's right...but I'm more comfortable with trading a/c and it saves time too ...so, writing in either of the ways doesn't have effect on marks ?

No your marks wonâ??t be affected

Swetha S

CA Inter

★ 15K+

29-Oct-22 19:40

Thank you both

Thread Starter

Yamuna S

CA Inter

★ 15K+

29-Oct-22 19:41