Interested to Buy Any Domain ? << Click Here >> for more details...
While finalizing the current year’s profit, the company
realized that there was an error in
the valuation of closing stock of the previous year. In the
previous year, closing stock
was valued more by Rs.50,000. As a result
(a) Previous year’s profit is overstated and current year’s
profit is also overstated
(b) Previous year’s profit is understated and current year’s
profit is overstated
(c) Previous year’s profit is understated and current year’s
profit is also understated
(d) Previous year’s profit is overstated and current year’s
profit is understated
- 0 Answers
- 2326 Views
- I also Faced
- E-Mail Answers
No Answer is Posted For this Question
Be the First to Post Answer
Tell us how can you define departmental accounting?
What Does Random Walk Theory Mean?
Role-specific management accountant job interview questions:
what is differnce between balance sheet of a bank & a company
0 Answers Banking, Standard Chartered,
bank releted question interviw plz tel me
in Sensex and Nifty, what is the measure to take the points
what will you achieve for the company if you are employed to work
2 Answers ABC, Al Hamra Fort Hotel, Anglo Platinum, Hotel Jobs, Marriott, Total,
WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?
Furniture is Destroyed in Fire ?? Where it will effect in Balance sheet ??
when we have to use form 12ba in income tax with example
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
what is monthly final accounts and analysis
Audit 
