Mgt401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
Saturday, July 16, 2011 Posted In .Final Term Exam Spring 2011 (July) Edit This
Mgt401 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
Q:What are the limitations on "Restrospective Restatements" with respect to IAS-08?
Q:A customer of company ABC seems to be doubtful at ba;ance sheet date.therefore,comapny made the provision for the customer @ 5%.After the balance sheet date,customer paid 80% of the total amount.Required:Identify the type of event?What will be the accounting treatment of this event?
Q:What do you know about the cost of goods sold?
Q:What is the accounting treatment of surplus on revaluation of fixed assets with respect to the section 235 of the companies Ordinance 1984?
Q:A customer of company ABC seems to be doubtful at ba;ance sheet date.therefore,comapny made the provision for the customer @ 5%.After the balance sheet date,customer paid 80% of the total amount.Required:Identify the type of event?What will be the accounting treatment of this event?
Q:What do you know about the cost of goods sold?
Q:What is the accounting treatment of surplus on revaluation of fixed assets with respect to the section 235 of the companies Ordinance 1984?
