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Accountancy

answered on 25-Jun-23 09:47

I did not marked which questions I attempted in exam in omr sheet They will consider paper or not 😢

latest answer

Don't worry. It's not at all a problem. They will surely consider your paper.

Vamshi Kumar

Vamshi Kumar

CA Inter

1K+

6

320

Export credit guarantee cooperation

Accountancy

answered on 28-Jun-23 19:06

The time when bank sanction loan to exporter on guarantee of ECGC then bank will consider exporter as NPA on date of loan itself?

latest answer

Since there is a ECGC guarantee, it wont be NPA.

Sugam SM

Sugam SM

CA Foundation

9K+

2

246

Any one please share tomarow webinar link of which course join

Accountancy

answered on 26-Jun-23 10:46

Any idea

latest answer

https://1fin.in/ExprtSolutionWeb check this please

R K

R K

ACCA Skill

9K+

6

259

Departmental Account

Accountancy

answered on 24-Jun-23 07:31

Here we are assuming the sales of all the purchased units on the basis of that how can we assume that the gross profit will be 60% of actual sales?

latest answer

We're not assuming that the profit is 60%. We are calculating the profit by taking the value of sales using the selling price and no of units in the question and reducing the cost from it to get profit.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

5

1

269

AS 2

Accountancy

answered on 23-Jun-23 15:30

Under gross margin calculation why do we multiply with 0.25?

latest answer

See This

CYNOPHILE S

CYNOPHILE S

CA Inter

925

7

308

AS 2

Accountancy

answered on 23-Jun-23 14:36

“In determining the cost of inventories, it is appropriate to exclude certain costs and recognize them as expenses in the period in which they are incurred”. Provide examples of such costs as per AS 2 (Revised) ‘Valuation of Inventories’

latest answer

Thank you....I got confused

CYNOPHILE S

CYNOPHILE S

CA Inter

925

2

326

Admission of New Partner

Accountancy

answered on 23-Jun-23 23:43

Here you see illustration 4 Below the 7th point they mentioned that 1000 rupees paid by Mr.Dalal and no entry the made in books. But in the down partners capital account's those 1000 rupees credited to his account,i didn't understand why. When he paid those 1000 rupees should debited from his account. Can anyone explain ?

latest answer

They deducted the outstanding liabilities in balance sheet tho

Shiva Netha

Shiva Netha

CA Foundation

12K+

2

277

Admission of New Partner

Accountancy

answered on 23-Jun-23 13:29

Here you see illustration 4 Below the 7th point they mentioned that 1000 rupees paid by Mr.Dalal and no entry the made in books. But in the down partners capital account's those 1000 rupees credited to his account,i didn't understand why. When he paid those 1000 rupees should debited from his account. Can anyone explain ?

latest answer

He*

Shiva Netha

Shiva Netha

CA Foundation

12K+

2

356

Average due date

Accountancy

answered on 23-Jun-23 10:20

In illu 3 why shouldn't we take base date from due date -maturity date. Taking nov 13,2019 also correct or not

latest answer

Ok sir. Thank you

Lathika

Lathika

CA Inter

6K+

2

330

Preference dividend

Accountancy

answered on 23-Jun-23 15:04

Why arrears of preference dividend is not present in the balance sheet as a liability?

latest answer

ok bro

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

4

261

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