General

answered on 29-Aug-23 16:07

I need to study AS in prospectus or main icai material

latest answer

Ok sir

Krishnan K

CA Inter

★ 5K+

6

319

General Doubt About Test

answered on 27-Aug-23 20:18

I have complete entire syllabus of CA foundation accounts I have been revise 3 time I have also done llustrations and practical questions RTPS and previous year question Should I have start giving mock test

latest answer

Yes I think you should appear for mock test series at least it provides you where you are stand for.

Ab Devliear

CA Foundation

★ 3K+

1

243

Query regarding Revetion and test

answered on 28-Aug-23 14:57

I have complete entire syllabus of CA foundation accounts I have been revise 3 time Registration and practical questions RTPS and previous year question Should I have start giving mock test

latest answer

Yeah...give a mock test It builds confidence

Ab Devliear

CA Foundation

★ 3K+

1

229

General Doubt

answered on 28-Aug-23 14:59

If we write the working note first in the account paper of foundation and write the solution later, will we get marks in the exam or not?

latest answer

Yes you will. Mention the headings correctly don't mess up with presentation

Ab Devliear

CA Foundation

★ 3K+

2

277

As4

answered on 26-Aug-23 13:16

In the below question,say whether it is adjusting event or non adjusting event if such event happened after balance sheet date but before board approval.

latest answer

Thank you sir

Krishnan K

CA Inter

★ 5K+

2

236

As 4

answered on 26-Aug-23 13:08

As on balance sheet date , we have a total debtors of Rs.5,00,000. We created a general provision of 1% on provision for doubtful debts.After balance sheet date but before the board approval, Mr.B debtor of Rs.1,00,000 becomes insolvent. Ans. I think it is non adjusting event , becoz There is no condition that Mr.B will become insolvent is existing at the balance sheet date. General provision of 1%does not mean there is a condition existing at the balance sheet date. Is my understanding correct!

latest answer

Yes.

Krishnan K

CA Inter

★ 5K+

1

239

Doubt

answered on 21-Sep-23 20:24

Sir ,recently somebody told that business law and accounts for ca foundation is going to be a in mcqs is it true ,please give me fast reply about this ,so that I can start my preparation

latest answer

Account and law are descriptive paper

Mangallapalli Vaishnavi

CS Foundation

★ 680

2

231

Partnership(dissolution) -- unrecorded asset

answered on 26-Aug-23 06:07

Say the logic behind why unrecorded asset is not debited like other assets, in realization account

latest answer

Thank u sir

Sajeetha R

CA Final

★ 46K+

5

247

Preparation of financial statements

answered on 29-Aug-23 09:55

In disclosure For bank balance, we need to further classify as balance with scheduled bank , others Or We need to just disclose as BALANCE WITH BANK without any further clarification

latest answer

Cash and cash equivalents (i) Cash and cash equivalents shall be classified as: (a) Balances with banks; (b) Cheques, drafts on hand; (c) Cash on hand; (d) Others (specify nature).

Krishnan K

CA Inter

★ 5K+

5

267

UNDERWRITING OF SHARES

answered on 24-Aug-23 08:32

Will my answer change if the firm underwriting is treated as Marked application??

latest answer

Yes. And genereally they are treated as marked applications only.

Prathmesh Kharul

US CMA All

★ 6K+

1

229