CA Adithya Murali
(Senior Associate Analyst)
(119 Points)
Replied 02 February 2011
As regards the stock valuation
Difference between closing stock is recognised as difference. Credits represent cl stk credited to the P&L
Under FIFO the last purchases remain outstanding & hence value is more whereas in LIFO it d b the opposite.
Say for 2nd yr, cl stk as per FIFO is 131 & as per LIFO is 21. The difference in profit of 110 is considered for FMP due to method change as that is the extent of excess credit to P&L attributable to the method change.
Suresh Prasad
(www.aubsp.com)
(15630 Points)
Replied 02 February 2011
| Originally posted by : sonia | ||
 |
hi the attached company and other pdf documents are not opening can u pls forward to my mail id: sonia.exepro @ hotmail.com please ... i need them thanks sonia |
 |
Dear Sonia,
Dont' worry just download latest Reader Link provided below
CA.CWA.Venkatesh Repala
(CA CWA;(CS PROFESSIONAL))
(1231 Points)
Replied 02 February 2011
thanks for sharing these valuable materials
Suresh Prasad
(www.aubsp.com)
(15630 Points)
Replied 02 February 2011
| Originally posted by : Venkatesh Repala | ||
|
|
thanks for sharing these valuable materials |
|
thanks for the comment jee
sonia
(student)
(59 Points)
Replied 02 February 2011
hi suresh
this is sonia
i downloaded and installed the pdf link that you have given
still not able to download
can u pls forward to my mail id: sonia.exepro @ hotmail.com
thanks and regards
sonia
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
CAclubindia
