CA Inter doubt
Why is settlement discount or Cash Discount not deducted while calculating the value of PPE as per AS 10
Asked by Rishabh25 Jul 2024408 views
2 answers
Rishabh · 26 Jul 2024
Thanks
HARSH · 25 Jul 2024
As per fundamental accounting principles the cash discount is not even recorded in books ...so why will u deducted it for valuation of PPE
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