22 August 2011
I AM FACING LOT OF PROBLEM IN UNDERSTANDING THE VALUATION OF CLOSING STOCK AND CALCULATION OF PROFIL OR LOSS ON SALE OF INVESTMENTS IN INVESTMENT TOPIC OF IPCC I M ABLE 2 CALCULATE ALL THE CALCULATIONS REGARDING THE VALUVATION AND P&L BUT NOT ABLE 2 GET CONCEPT AND REASON OF DOING THIS THINGS ...PLZ HELP ME TELLING THE CONCEPTUAL KNOWLEDGE REGARDING THE VALUATION OF INVESTMENTS AND CALCULATING P&L ON THEIR SALE UNDER FIFO . LIFO . AND AVG. STOCK METHODS...
22 August 2011
This cannot be solved through the information passed on to you. You have already tried yourself and you are unable to solve as well unable to understand then in your case you require face to face treatment. It is better to catch a professor of accountancy who will be make you understand in 1 hour.
CAclubindia
