hima (student) (70 Points)
31 January 2015Anyone doing the problems from practice manual please guide me. In consolidation there is a problem Arun ltd, Brown ltd and Crown ltd. I am not understanding the analysis of profit part in that problem. Can anyone please expalin and also in compilation problem No.6 Golden and Silver Ltd. they have apportioned current year reserve and profit in the ratio of 1;5 ie for 2 months and 10 months in analysis of profit. Please help
Kishor Bhat
(CA final CS executive (from Bangalore))
(1881 Points)
Replied 01 February 2015
Kishor Bhat
(CA final CS executive (from Bangalore))
(1881 Points)
Replied 01 February 2015
hima
(student)
(70 Points)
Replied 01 February 2015
Entire part.. Actually I follow MPV's method for analysis and apportionment of profit but in practice manual I don't know how they have solved,..
hima
(student)
(70 Points)
Replied 01 February 2015
Analysis of reserves is ok but profit of crown limited and profit of Brown limited. Revenue profit part I am not getting
Kishor Bhat
(CA final CS executive (from Bangalore))
(1881 Points)
Replied 01 February 2015
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