Adjustment profit will increase by 10000

Adjustment be says that stop was over valued by 20000 so stop you have to decrease closing stock which will decrease the profit and opening stock is also decreasing so profit will increase

Rectification entry is plant and machinery a/c debit To p/l AC And should charge depreciation in 20-21 for 6 months and depreciation for 21 22 * 20% of 40000 in return down value method

Class 12 CA parag Goodwill search karo proper explanation mil jaiga

CA Foundation doubt

Adjustment a b and c

Asked by Shree21 Jul 2025835 views

7 answers

Darshini · 22 Jul 2025
This is the solution
Darshini · 22 Jul 2025
View attached PDF
Darshini · 22 Jul 2025
Adjustment profit will increase by 10000
Darshini · 22 Jul 2025
Adjustment be says that stop was over valued by 20000 so stop you have to decrease closing stock which will decrease the profit and opening stock is also decreasing so profit will increase
Darshini · 22 Jul 2025
Rectification entry is plant and machinery a/c debit To p/l AC And should charge depreciation in 20-21 for 6 months and depreciation for 21 22 * 20% of 40000 in return down value method
Shree · 22 Jul 2025
Ok
Garveeshh · 22 Jul 2025
Class 12 CA parag Goodwill search karo proper explanation mil jaiga

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