Question Description
A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism?.

Solutions for A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism? defined & explained in the simplest way possible. Besides giving the explanation of A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism?, a detailed solution for A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism? has been provided alongside types of A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism? theory, EduRev gives you an ample number of questions to practice A businessman purchased goods of Rs 2500000 and sold 80% of such goods during the accounting year ended 31st march 2015. the market value of the remaining goods was Rs 400000. he valued the closing inventory at cost. he violated concept of a) money measurent b) conservatism c) cost d) periodicity its ans is b) conservatism but how as if conservatism show the value of closing stock whicher is less market cost but here market is less and closing stock is valued at cost then how conservatism? tests, examples and also practice CA Foundation tests.