While calculating estimates of working capital, whether debtors should be taken at cost price or selling price ?
As in some questions debtors are taken at selling price and in some at cost price.
Menu
Working capital calculation
Replies (2)
it is better to take it in cost price as profit element is included in sale price.profit element is not to be included in calculating working capital .it is better to write assumption supporting it
cal of debtors can be done either at cash cost or total cost
as the question demands u hav to do it accordinly
cheers
Recent Topic
- SBI direct mutual funds ITR
- 44AE Section
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
Related Topics
CAclubindia
