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Adjusted purchase means ?

<p><strong>a) Purchase</strong><strong>b) Purchase + opening stock</strong><strong>c) Purchase‐ closing stock</strong><strong>d) Closing stock + opening stock</strong></p>

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2014/11/14
Malik Khalid Mahmood
par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Purchase + opening stock

IBRAHIM MOHAMMED - CMA
par IBRAHIM MOHAMMED - CMA , Senior Accountant , Ajal Finance & Investment K.S.C.C

Answer is "B" and in asset purchase it must incl. all cost incurred pertaining to asset to make it in useful manner.

georgei assi
par georgei assi , مدير حسابات , المجموعة السورية

The correct answer is B

Santosh Kumar Arukh
par Santosh Kumar Arukh , AGM- FINANCE & TAXATION , JFE ENGIEERING CORPORATION

Purchase Adjust means the following Items does not disclosed separately in Trial balance.

Opening Stock

Purchase

Closing Stock

 

Because, Opening stock+Purchases- Closing Stock = Purchases ( Adjust) Consumption which is shown in a single head in  Trial balance.

 

Hence, my Answer ( C) as this applicable for new unit too.

If existing unit then Opening stock can show separate or add with purchases.

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