Dear Students
can any one help me how this stock Adjustment of 300 Thousand is arrived at
Thanks in advance
CA Ruban kumar
(Associate)
(566 Points)
Replied 07 February 2011
| Originally posted by : sivaram | ||
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Dear Students can any one help me how this stock Adjustment of 300 Thousand is arrived at Thanks in advance |
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Hello sir,
Stock adjustments:
As per books , it increase by 500 thousand .(6000 - 5500)
As per current cost, it increases by 800 thousand (7500 - 6700)
By calculating FMP (Future maintenable profit) the Net increase of 300 thousand ( 800 - 500) has to be added, since the asset value increase (Stock)
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 07 February 2011
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 07 February 2011
Mr Ruban one more stock adjustment query i have posted but it is not answered in forum can u please help i will give you the link of it
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 07 February 2011
CA Ruban kumar
(Associate)
(566 Points)
Replied 07 February 2011
Sivaram, Sorry, I don't know how to solve .
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