Question
Akash Ltd sells 3 products X, Y and Z. The following
information was available at the year end : X Y Z Cost 7 10 19 Fair Value 10 8 15 Units 100 200 300Solution
Value of closing inventory is done at Cost or NRV whichever is lower on item-by item basis as per AS 2 or IAS 2 For Product X inventory = 7*100 = 700 For product Y inventory = 8*200 = 1600 For product Z inventory = 15*300 = 4500 So total closing inventory = 700+1600+4500 = 6800
Select the most appropriate indirect/direct form of the given sentence.
Laila said to Majnu, “do not try to play with me .”
Choose the option that is the direct form of the sentence.
The policeman enquired where his helmet was.
“Don’t overspeed at night,” I said to Irina.
Change the following sentence to Direct Speech.
The coach proposed that they should wait for the announcement of the results.
"By God! I have not cheated," said the boy.
Choose the option that is the indirect form of the sentence.
Vandana said, “I’m being dropped to office today’’.
Select the option that expresses the given sentence in indirect speech.
“How beautiful she is!” said Betty.
Select the option that expresses the given sentence in direct speech.
I will tell him that I don't want to join the art classes.
My boss said, “Do you think you can complete the report within five days?”
My son said to me, "I will not disappoint you."
