Menu
departmental
how we can know that in the question opening and closing stock are valued with unrealised profits
Replies (2)
they will clearly specify
when one department transfers goods to another department at invoice price or cost plus profit basis, usually we are calculating unrealised profit on closing stock of transferee department.
like that we need to calculate unrealised profit on opening stock also.
Recent Topic
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
Related Topics
CAclubindia
