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
Statement: All mobiles are laptops.
Only a few mobiles are chargers.
Some laptops are led.
Conclusion:
1. Some mobiles are ...
Statements:
Only a few clouds are floors.
All floors are roof.
Some roof are drops.
Only a few drops are procedures.
...
 Statement:
Some Doctor are Nurse.
Only a few Nurse are Patient.
All Cleaner are Patient.
None of the Nurse are Accountant....
Statement:
All flowers are petals
All flowers are roots
Some flowers are herbs
Conclusion:
I. Some herbs are root...
Statements:
No cup is plate.
Only a few plate is saucer.
Some saucer is spoon.
All spoon is juicer.
Conclu...
Statement : Only a few White is Blue
Only a few Blue is Red
All Red is black
Conclusion
I. All Blue being black is a poss...
Statements:
Only Bike is Car.
Some Bike are Cheap.
Only a few Cheap are Heavy.
All Heavy are Expensive.
Conclusion...
Statements:
Only a few universe is comet
All comet is star
No planet is comet
Conclusions:
I. A few star c...
Statements: All actors are producers.
Some producers are not directors.
Conclusions: I. Some directors are actors.
II. All produc...
Statements:
All summers are winters.
Only a few summers are spring.
Some springs are autumn.
No autumn is season.
...
