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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
CA Final
★ 9K+
2
289
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
ACCA Skill
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6
302
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
CA Inter
★ 35
1
306
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
CA Inter
★ 925
7
344
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
CA Inter
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2
367
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
CA Foundation
★ 12K+
2
323
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
CA Foundation
★ 12K+
2
396
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
CA Inter
★ 6K+
2
374
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
CA Final
★ 22K+
4
305
Departmental
Accountancy
answered on 23-Jun-23 11:15
1. Here it is the margin is 100 then how can we say that the margin is 50 after goods transferred from one department to another(colour department onwards). 2. Another question is it possible to transfer goods to Another department by setting some margin if it is the case then the other departments got their profit before the sale of product then is it necessary to distribute the Profit among each department after selling the product?
latest answer
These are notional profit and aren’t real and 100 is cost and 50 is margin is just an example. This is done to evaluate the performance of each dept and whether to continue a dept or not. These profits i.e., interdepartmental profits are eliminated while arriving the overall performance of entity.
Snehashis Mohanty
CA Inter
★ 35
1
291