Departmental accounts

answered on 10-Jul-23 17:38

I didn't understand this Why selling price is multiplied with purchase units Gross profit will come from sales units multiplied with selling price ,is anything wrong Gross profit ratio = gross profit ÷ selling price i.e selling price total = 1512000 Please explain this

latest answer

Could you please tell me what you understood finally? Give a short explanation

Nayani Agarwal

CA Inter

★ 1K+

6

641

Liquidation of companies

answered on 09-Jul-23 11:24

1)What are overriding preferential payments? 2)Who are preferential creditors? 3)Difference between overriding preferential payments and preferential creditors

latest answer

Is the solution done by me in this image is correct

lohith perumalla

CA Inter

★ 8K+

6

439

Liquidation of companies

answered on 09-Jul-23 11:02

What are over riding prefertial payments?

latest answer

Certain dues are to be settled in the case of winding up of a company even before the payments to preferential creditors

lohith perumalla

CA Inter

★ 8K+

3

223

Is calls in arrears a asset?

answered on 09-Jul-23 16:11

Is calls in arrears a asset?

latest answer

Yes

lohith perumalla

CA Inter

★ 8K+

4

280

PPF and SIP balance

answered on 09-Jul-23 11:33

Will the balance sheet of a person whose income is from consulting include balances of Public Provident Fund and SIP as investments or not?

latest answer

Systematic Investment Plan

Jiya T

CA Inter

★ 10

5

363

Depreciation

answered on 11-Jul-23 09:43

6,7

latest answer

Workshop rent will not be added

Sneha Kasturi

CA Inter

★ 4K+

3

265

Capital or revenue expenditure

answered on 09-Jul-23 11:18

Amount spent 1) Preliminary expenses 2) advertising a product 3) amount spent on research a product 4)Give examples for deferred revenue expenditure ?

latest answer

1. Capital in nature 2. Revenue exp

Sneha Kasturi

CA Inter

★ 4K+

6

263

Profit or loss pre and post incorporation

answered on 09-Jul-23 08:50

On wt basis advertisment ₹36000 is allocated and why?

latest answer

Tq

Ujwal Reddy

CA Inter

★ 7K+

6

271

About carry forward marks under new scheme

answered on 09-Jul-23 11:21

Sir I got advanced accounts 69 marks in May 23 whether the same marks carryforward or not in new scheme

latest answer

Yes

OMKAR REDDY

CA Inter

★ 6K+

3

221

IND AS

answered on 07-Jul-23 15:01

In Chapter 1 - The list of IND AS is provided should we learn the number & names for exam purpose. Or whether basic reading & understanding is sufficient

latest answer

Okay...Thank You

CYNOPHILE S

CA Inter

★ 925

5

278