Go AD-Free with CAclubindia Pro and get Daily WhatsApp Updates. Subscribe Now!

banner_ad

Buying commission

This query is : Resolved

Share Report Follow Query Ask a Query

PRADEEP REDDY

PRADEEP REDDY (Querist)
Follow

06 December 2012 Hi sir..
can buying commission paid on raw material can be added to purchases ?

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

06 December 2012 Not a prudent accounting policy. It should be a profit & loss item and not Trading/ Manufacturing a/c item

PRADEEP REDDY

PRADEEP REDDY (Querist)
Follow

06 December 2012 sir, can you please give me the reference of relevant AS

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

06 December 2012 AS 2 deals with valuation of inventory

PRADEEP REDDY

PRADEEP REDDY (Querist)
Follow

06 December 2012 Thanks a lot sir for prompt reply

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Mahesh Balanthimugaru

Mahesh Balanthimugaru

Pro Member Sridhar h s

Sridhar h s

Pro Member Ashok Kumar Garg

Ashok Kumar Garg

Pro Member RAJ SANKLECHA

RAJ SANKLECHA

Pro Member Amit Chaturvedi

Amit Chaturvedi

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 02 May 2026

Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details

Featured ARTICLESHIP 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 14 March 2026

Associate CA

N N V Satish&co

Hyderabad

CA

View Details