dear c.a family,
in cpt this time, there was a question in law regarding, when the communication is getting completed or over in telephonic conversation(i dont remember the question fully) which option did u guys go for?
there was another question in accounts regarding valuation ----cost price or............whichever is lower. is it market price or net realisable value?(can u guys provide the question wid the correct answer).
help highly appreciated.
For the first question answer is when its communicated to the other party i thnk it was the d option........
For second question its NRV i.e. net relizable value......
| Originally posted by : Umesh Daga | ||
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For the first question answer is when its communicated to the other party i thnk it was the d option........ For second question its NRV i.e. net relizable value...... |
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agreed
I believe its NRV or Market Price which ever is less...
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