MPT - 320245

Akhil M Male, 33 Years

Associated for 1 Year 11 Months
Chartered Accountant by profession
CA CPT Tutor

Activity Score - 30

  • I teach at My Home
  • I go to Student's Home
Location: Faridabad, India
Qualification :
  • CA (ICAI - 2011)
  • Total Experience:
    5 Years
  • Hourly Fees:
    INR 600
Tutoring Experience :
I am Chartered Accountant by profession. Teaching students of Class XI, & XII - Accounts and Business Studies. B.com & M.Com - Accounts, Audit, Direct Tax CA & CS (Foundation & Intermediate) - Accounts, Audit, Direct Tax. CA Final - ISCA only.
Tutoring Option :
Home Tuition Only
Tutoring Approach :
My style of teaching is to provide logic of topic and make the student understand about it. This will help them to remember things for long instead of mugging it up. I am happy to share that with this approach I am able to achieve 100% result.
Teaches:
Class 11 - 12 Accountancy Business Studies CBSE Board INR 300 / Hour
College Level Accountancy Auditing B.Com Tuition M.Com Tuition Other University INR 500 / Hour
CA CPT CA - CPT CA - IPCC CS - Foundation CS - Executive INR 600 / Hour

1 Note written by me

  • Goodwill Chapter Class XII

    Files: 1

    12 times downloaded

    Notes on Goodwill For Students of Class XII.

    Download
  • Answer:

    As per AS 2, Stock at the valuation date to b e done on cost or NRV (Net Realisable Value )which ever is lower. In this case;

    COST is INR 10,00,000 ( 25% of material is in stock)

    NRV is INR 9,90,000 ( INR 11,00,000- 1,10,000 = INR 9,90,000)

    Hence, company's decision to value stock at INR 10 Lacs is not correct. Hence stock to be valued at INR 9,90,000.

     

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