Calculate selling price for furnitures and electronic items
This query is : Resolved
Lakshmanan Velu
(Querist)
23 September 2011
Dear Sir/Madam,
We have purchased the home furnitures items (such as Cot, tables, sofa, curtains, air conditoner, washing machine, fridge) on Sep, Oct and Nov, 2009. Now we would like to sell that items. How can we find the selling price of all the items? At what price will we sell?
We have purchased the home furnitures items (such as Cot, tables, sofa, curtains, air conditoner, washing machine, fridge) on Sep, Oct and Nov, 2009. Now we would like to sell that items. How can we find the selling price of all the items? At what price will we sell?
CA Sumat Singhal
(Expert)
23 September 2011
Sir, its a pure matter of your choice and market availability for that, kindly explain how experts can help you in this regard.
Lakshmanan Velu
(Querist)
27 September 2011
Can we calculate the price after the depreciation?
CA. Vikash Dwivedi
(Expert)
28 September 2011
you can ascertain price based on the market price on that date in case you purchased all items in lump and do not have break up of the price.
WDV of these assests will not be make much diff.
It seems you intend to trf your personal assets to some company...?
WDV of these assests will not be make much diff.
It seems you intend to trf your personal assets to some company...?
CA Pushpendra Gaur
(Expert)
29 September 2011
the value of the asset should be taken in the consideration the realisabe value of the furniture in current date
CA Pushpendra Gaur
(Expert)
29 September 2011
if you selling them, then definately no question arises for calculating the selling price, whatever you fetch will b ur selling price
CA Pushpendra Gaur
(Expert)
29 September 2011
if you are desired of transferring them at a preplanned selling price then calculate the wdv of the respective assets and then add up the desired profit margin on that WDV to arrive at the selling price
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