manali sharma (:-)) (181 Points)
22 June 2011dear c.a family,
in cpt this time, there was a question in law regarding, when the communication is getting completed or over in telephonic conversation(i dont remember the question fully) which option did u guys go for?
there was another question in accounts regarding valuation ----cost price or............whichever is lower. is it market price or net realisable value?(can u guys provide the question wid the correct answer).
help highly appreciated.
Umesh Daga
(Student)
(68 Points)
Replied 22 June 2011
For the first question answer is when its communicated to the other party i thnk it was the d option........
For second question its NRV i.e. net relizable value......
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 22 June 2011
| Originally posted by : Umesh Daga | ||
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For the first question answer is when its communicated to the other party i thnk it was the d option........ For second question its NRV i.e. net relizable value...... |
 |
agreed
Girish K
(Senior Accounts Executive)
(218 Points)
Replied 22 June 2011
I believe its NRV or Market Price which ever is less...
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