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
All the facts except___________________ may be proved by oral evidence.
Which of the following is not a public document?
In case of a document 30 years old, Court_____________.
Which of the following is not secondary evidence?
Amit with a guilty intention, abets a child sonu to commit murder of balbir. Which of the following is true in above case?
When shall a corporate debtor be deemed to have given a preference as per the provisions of preferential transactions under the IBC?
In case of a public document_____.
Waging war against the government is punishable under which section of IPC?
Which of the following punishment is not for waging war against the government of India?
Every agreement of which the object or consideration is unlawful is_____________
