Question
Which accounting standard governs the treatment of
inventories in India?Solution
Ind AS 2 - Inventories is an accounting standard in India that prescribes the treatment of inventories in financial statements. It aligns with the International Financial Reporting Standards (IFRS) and provides guidelines on how to measure, present, and disclose information about inventories in a consistent and comparable manner.
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...A waiter income consist of his salary and tips. During one week his tips were 4/5 of his salary. What portion of his income came from tips?
- How many values can 'x' take if the number 7531xk must be divisible by 15 for any valid digit 'k'?
- Out of his monthly income of Rs. 40000, Mohan spent Rs. 10000 less than he saved. What percentage of his income did he spend?
Let x = (726)245 – (437)458 + (333)335. What is the unit digit of x?
Find the range of the given data:
25, 43, 67, 91, 38, 57, 12, 74, 29
Which pair of these numbers is cop rime?
What is the smallest number that must be added to 750, so that it becomes completely divisible by 42?
- What number should be subtracted from both 36 and 28 so that the resulting numbers are in the ratio of 7:5?
Find the median of the given set?
8,9,17,10,23,11,7,21,15,6,3