Forums

Financial modelling

Accountancy

answered on 29-Jun-23 13:18

Can someone suggest some verified platforms for doing this?

latest answer

Shared from *1FIN by Indigolearn* Financial Modelling https://1fin.page.link/YpwjW1D5gNzBnDVWA

yuvashree venkatesan

yuvashree venkatesan

CA Inter

5K+

2

497

CRR

Accountancy

answered on 28-Jun-23 11:56

Will CRR control inflation?

latest answer

RBI can control inflation is by increasing the CRR. CRR is the amount of cash that banks are required to keep with the RBI as a reserve. By increasing the CRR, the RBI can reduce the amount of money available with banks for lending. This, in turn, can reduce the spending power of people and help control inflation.

Sugam SM

Sugam SM

CA Final

9K+

1

357

Exam

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 Final

1K+

6

391

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 Final

9K+

2

333

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

340

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

35

1

381

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

401

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

430

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

361

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

439