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Accountancy

In this case study their mention the basis of allocations ratio wise for example total amount 5,40,000 basis of allocations 2:7 how the one lakh 20000 and 1040000 will came??? Plse explain me

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MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

04-May-22 17:17

427

Answers (12)

Best Answer

In this problem they only said, sales in the First half year is half of what they earned in second half year it means From 01-Apl-20#1 to 30-Sep-20#1( i.e.Apl, May, Jun, July, August, Sept) (.5+.5+.5+.5+.5+.5) and in second half from 01-Oct- 20#1 to 31-March-20#2 ( i.e. 1+1+1+1+1+1). But prior incorporation period is only First 4months only then we will consider .5+.5+.5+.5= 2 and Post incorporation period is next 8 months that is .5+.5+1+1+1+1+1+1=7


Did u understand the calculation of sales ratio


mani charan

mani charan

CA Final

3K+

04-May-22 17:27

mani charan

540000*2/9,,,540000*7/9

Oh ok now I clearly understand friend.. thanks


Thread Starter

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

04-May-22 17:31

Here

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Kumar G

Kumar G

CA Final

12K+

04-May-22 17:31

Kumar G

Here

Thanks ð???


Thread Starter

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

04-May-22 17:32

Most welcome!


Kumar G

Kumar G

CA Final

12K+

04-May-22 17:33

Friends , chapter Insurance claim for loss of stock formulas Like ,Amount of claim / value of stock * actual loss of stock Insured value / cost of stock on the date of fire*loss of stock and amount of policy Loss of stock * sum insured / insurable amount ( total cost) Three kinds of formulas are there , how to apply this three kind of formula in the case study?? How to approcah


Thread Starter

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

04-May-22 17:38

Priyanka R

Practice illustrations...you can understand easily

Sure friend ð???


Thread Starter

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

04-May-22 17:55

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