.... How to Find Your Subject Study Group & Join ....   .... Find Your Subject Study Group & Join ....  

We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Study Groups By Subject code Wise (Click Below on your university link & Join Your Subject Group)

[ + VU Study Groups Subject Code Wise ]  [ + COMSATS Virtual Campus Study Groups Subject Code Wise ]

Looking For Something at vustudents.ning.com? Search Here

Discussion Question:

Tayyab & Company is a limited liability company. The financial year of the company ends on 31st March each year. Unfortunately, this year a fire damaged the assets in the factory on 2nd April, two days after the year end closure of accounts. The loss from fire is estimated at Rs.30 million out of which 16 million will be recoverable from insurance company. Hence, you are required to discuss, along with logical rationale, whether or not the loss will be treated in the Final Accounts of previous year.

Important Instructions:

 

1. Your discussion must be based on logical facts.

2. The discussion board will remain open for 3 working days/ 72 hours.

3. Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.

4. Obnoxious or ignoble answer should be strictly avoided.

5. Questions / queries related to the content of the discussion board, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of discussion board is over.

Share This With Friends......


How to Find Your Subject Study Group & Join.

Find Your Subject Study Group & Join.

+ Click Here To Join also Our facebook study Group.


This Content Originally Published by a member of VU Students.

+ Prohibited Content On Site + Report a violation + Report an Issue

+ Safety Guidelines for New + Site FAQ & Rules + Safety Matters

+ Important for All Members Take a Look + Online Safety


Views: 405

See Your Saved Posts Timeline

Replies to This Discussion

Hence, you are required to discuss, along with logical rationale, whether or not the loss will be treated in the Final Accounts of previous year.

Ans.

the loss can not treat in the financial statement of the previous year 

the loss disclosed only in notes

RSS

Donation

A quality education changes lives & start with you.

Forum Categorizes

Job's & Careers (Latest Jobs)

Admissions (Latest Admissons)

Scholarship (Latest Scholarships)

Internship (Latest Internships)

VU Subject Study Groups

Other Universities/Colleges/Schools Help

    ::::::::::: More Categorizes :::::::::::

Member of The Month

1. ♥Farrukh♥Kamboh (BSCS)

Sheikhupura, Pakistan

© 2018   Created by + M.TariK MaliC.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service