Economics, Accounting & Business: Post your doubts here!

[Saad Ghori]

Oh..i was confused with A n C (71000) ended up choosing C...i think A is right

It was C! I triple checked

 

[redapple20]

And where might u b love? hall1 perhaps? WaleedUQ

 

[Mad Gal]

It was C! I triple checked

you basically have to compare the fair value and the present value choose the highest and compare with the carrying amount. Yea? and take whichever is the lowest then?!

 

[Saad Ghori]

WaleedUQ where are you mate? I want to argue and prove you wrong
Prolly screw up my tomorrows exam in the process

 

[WaleedUQ]

WaleedUQ where are you mate? I want to argue and prove you wrong
Prolly screw up my tomorrows exam in the process

Im expecting 30 out of 30!
bus 2 ques mien doubt hai

 

[sonamali]

Nope C. 71000

damn!

 

[redapple20]

Hi budddy! Hows up?

 

[WaleedUQ]

It was C! I triple checked

Saad A tha ans

 

[2pac]

i cant get u?
what is ur query in this paper

How do you calculate the profit?I've understood the first step in the ms but then don't know how they've come up with 1.9m as the new profit and how the new total costs is calculated.

 

[Saad Ghori]

you basically have to compare the fair value and the present value choose the highest and compare with the carrying amount. Yea? and take whichever is the lowest then?!

Higher of fair value less cost to sell and value in use. Then compare with carrying amount amount and choose the lower. Exactly yes

 

[sonamali]

Im expecting 30 out of 30!
bus 2 ques mien doubt hai

which one did u mark for no. 2?

 

[WaleedUQ]

impairment ka A tha yaar

 

[Saad Ghori]

impairment ka A tha yaar

Waleed trust me. Im completely sure about this!

 

[wajiman]

Saad A tha ans

xactly dats wat i got

 

[WaleedUQ]

which one did u mark for no. 2?

it was D shayed

 

[WaleedUQ]

aby yaar ye sawaal i discussed with my sir.. he guided me this before exam..

Waleed trust me. Im completely sure about this!

 

[Mad Gal]

Higher of fair value less cost to sell and value in use. Then compare with carrying amount amount and choose the lower. Exactly yes

yaye!

 

[redapple20]

Waleed trust me. Im completely sure about this!

Remember saad? Just as we discussed yesterday!

 

[Saad Ghori]

aby yaar ye sawaal i discussed with my sir.. he guided me this before exam..

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?

 

[wajiman]

ther e was misprinted mcq too, i cant remember its no.