What is the answer for QUESTION 1 b provision of 205 lakhs in FINANCIAL REPORTING NOV 2016 PAPER IS IT A AS 4 QUESTION
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Financial reporting nov 2016
Replies (5)
Can u just take a snap of question and send it
SEE QUESTION 1 B IN QUESTION PAPER
You can get the entire solution here .. it is uploaded by Gurukripa.
i have seen that I feel that solution to 1 b given by gurikripa is wrong as 5 doesn't come in to picture I thy it's as 4 and as 9 my opinion is it true
Solution would be as per AS 9 and AS 29. Logic is for existing debtor we have to make provision for adjustment as per As9 and for rest amount AS 29 come into picture
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