How to calculate this one. (Inventory chapter)CA foundation

Question

Prashant · Answer

I have sent the solution in your Dm

Anushka · Answer

Now you can bifercate your sales into 2 parts one is normal sale of 2,02,40,000 and abnormal sale will be of 6,40,000 as per the data given above

Anushka · Answer

Also the adjustment is given for opening stock that some value was written off so take it as 8,00,000-2,40,000 which can be called as NRV. it was sold for 6,40,000 so the profit here will be 80,000.

Anushka · Answer

To calculate cost of goods sold add purchases +manufacturing exp and ignore the financial and administrative charges as they are indirect expenses for the business.

Adi · Answer

Sir it will calculate by using inventory taking not p&l and trading appropriation

Adi · Answer

Please give me the answer

Aryan · Answer

Easy..... trading appropriation Alc and p/l Alc

How to calculate this one. (Inventory chapter)CA foundation

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