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Replies to This Discussion

Discuss the significance of “Specific Identification Method” of stock valuation. Also give any example of it.

 

Prepare disclosures regarding “Store and Spares” using the hypothetical figures for presenting under notes to the accounts.

 

Determine the value of purchases using the following data:

a) Opening stock of Raw Material       Rs. 1,000

b) Closing Stock of Raw Material              3,000

c) Cost of Direct Material Consumed        8,000

 Find purchases?

 

 

Differentiate recognizing criteria of capitalizing borrowing cost under IAS 23's benchmark treatment from allowed alternative treatment. (2.5 * 2 Marks)

Briefly describe the different components of a complete set of financial statements

Pirates

what about mcq ?????????

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