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Financial reporting nov 2016

venkat (CA ) (1518 Points)

14 December 2016

What is the answer for QUESTION 1 b provision of 205 lakhs in FINANCIAL REPORTING NOV 2016 PAPER IS IT A AS 4 QUESTION

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5 Replies

ankita gandhi (student) (5908 Points)
Replied 14 December 2016

Can u just take a snap of question and send it

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venkat (CA ) (1518 Points)
Replied 14 December 2016

SEE QUESTION 1 B IN QUESTION PAPER

Attached File : 985545 20161214123744 fr nov 2016.pdf downloaded: 129 times

CA Shalmali Ambe (Service) (59 Points)
Replied 20 December 2016

You can get the entire solution here .. it is uploaded by Gurukripa.

Attached File : 939137 20161220025442 ca final financial reporting guideline answer nov 2016 exam 3 .pdf downloaded: 161 times

venkat (CA ) (1518 Points)
Replied 20 December 2016

i have seen that I feel that solution to 1 b given by gurikripa is wrong as 5 doesn't come in to picture I thy it's as 4 and as 9 my opinion is it true

CA Manish Mishra (Qualified Chartered accountant) (507 Points)
Replied 24 December 2016

Solution would be as per AS 9 and AS 29. Logic is for existing debtor we have to make provision for adjustment as per As9 and for rest amount AS 29 come into picture