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Will they ask problems as such one which is in practical problems in study mat Where it was quite complex where I took 35 min to complete one problem. But the problem is very good for revision purpose. Can we prepare working note in finding out profit from operations as trading account itself? As in material they gave in statement form answer but it is same as trading account! Can we do like that sir?

Sugam SM

CA Final

★ 9K+

18-Apr-22 10:00

517

Answers (5)

Working notes can be given in statement format or in account format. Marks will be awarded. 35 mins for a 20 mark question is good. Keep it up! Pls give break up sales/income.

CA Suraj Lakhotia

Admin

18-Apr-22 10:10

Sir once I will send my answer and please say whether it is appropriate or still should give breakup and working notes for each of these.

Thread Starter

Sugam SM

CA Final

★ 9K+

18-Apr-22 10:24

Yes.

CA Suraj Lakhotia

Admin

18-Apr-22 10:24

There is one mistake which I did as I included previous year balance sheet along with main answer as it is working for us. Except that please correct me anywhere anything is required...

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Thread Starter

Sugam SM

CA Final

★ 9K+

18-Apr-22 10:25

Thread Starter

Sugam SM

There is one mistake which I did as I included previous year balance sheet along with main answer as it is working for us. Except that please correct me anywhere anything is required...

Looks good.

CA Suraj Lakhotia

Admin

18-Apr-22 17:41

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