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Economics, Accounting & Business: Post your doubts here!

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Remember saad? Just as we discussed yesterday!:p
My sir said that if the middle cost that real value less cost sale is less than the current value and the 3rd one then we will choose the fairvalue .
mera 71 araha tha phir miene dobara socha i found kay nahi bhai aesa nahi hai
 
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My sir said that if the middle cost that real value less cost sale is less than the current value and the 3rd one then we will choose the fairvalue .
mera 71 araha tha phir miene dobara socha i found kay nahi bhai aesa nahi hai
Higher of the 'fair value less cost to sell' and 'value in use' is the RECOVERABLE amont. We compare this figure with that of carrying amount. And choose the lower. Il show you from pastpapers :p
 
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Higher of fair value less cost to sell and value in use. Then compare with carrying amount amount and choose the lower. Exactly yes :)
^Did you apply this?
yup
the example given in the IAS booklet is completely different.. here current price was highest as compared to values
 
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marginal cost 7.5 thi ?
debited released provision 2000 ?
netcash flow 605 ?
difference between fixed and flexed 150 ?
x capital acc 33 ?
 
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