Forums

Back

Memorandum markup account

Accountancy

Can anyone explain the first adjustment Department accounting Icai illu 7

mani charan

CA Final

★ 3K+

21-Apr-22 18:54

734

Answers (9)

Best Answer

8260 balance got if it is 1260

Attachments

prasad B

CA Final

★ 3K+

22-Apr-22 11:55

The stock of khadi dept incl..marked down goods at (reduced selling price)..those goods are sold at such price as that..thatsit.. Rs.1260 is shown in markdown account

prasad B

CA Final

★ 3K+

22-Apr-22 11:01

prasad B

The stock of khadi dept incl..marked down goods at (reduced selling price)..those goods are sold at such price as that..thatsit.. Rs.1260 is shown in markdown account

In the answer there is an adjustment of 1620 was that 1260

Attachments

Thread Starter

mani charan

CA Final

★ 3K+

22-Apr-22 11:04

Is this practise illustration right!?

prasad B

CA Final

★ 3K+

22-Apr-22 11:37

prasad B

Is this practise illustration right!?

Thread Starter

mani charan

CA Final

★ 3K+

22-Apr-22 11:37

prasad B

Is this practise illustration right!?

Pls see in the latest material

Thread Starter

mani charan

CA Final

★ 3K+

22-Apr-22 11:38

Ya it's definitely a printingistake confirm..i saw in my study coaching material

prasad B

CA Final

★ 3K+

22-Apr-22 11:51

Thanks

Thread Starter

mani charan

CA Final

★ 3K+

22-Apr-22 11:59

Sry bro..it's changed from previous attempt related materials..my answer is right according to that now it is 1260+360

prasad B

CA Final

★ 3K+

17-May-22 20:59