Carrying amount vs WDV

answered on 30-Apr-23 15:10

Does carrying amount and Written down value of an asset means same?

latest answer

WDV is used generally in WDV method of calculation. WDV itself is the carrying amount.

abilash ganapathi

CA Inter

★ 750

1

393

Marking in question papers

answered on 05-May-23 06:34

Are we allowed to mark anything in the question paper especially for practical papers? Because without marking in the question it's difficult to answer....will they allow in the exam hall to mark some points in the question paper?

latest answer

To the more specific you use in such a way that even if the examiner says to rub this... So use the. Pencil ✏️ lightly 👍👍

abilash ganapathi

CA Inter

★ 750

2

284

As 10

answered on 30-Apr-23 13:22

In second part of q b why is it capitalised ?the store would be ready for its intended use even without renovation right .. renovation is just adding extra space which isn’t necessary ..

latest answer

Increased future economic benefits

SANSKRITI BADRI 2111339

CA Final

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215

AS 11

answered on 30-Apr-23 13:41

Please explain the profit portion deducted from loss of Rs. 82171.88

latest answer

Thank you Sir

Sanjay Nandha

CA Inter

★ 11K+

2

305

Can i use short form in exam

answered on 05-May-23 06:29

Sir in all the question

latest answer

No bcoz.. we can use only some standard short forms only...

Karan Yadav

CA Inter

★ 10

2

222

Sir i was prepared short notes takes lot of time

answered on 05-May-23 06:36

Good not able to complete

latest answer

In my point of view... Take summary notes for the chapter which u feel to forget.. once u know the chapter highlight and keep revising on daily basis

Karan Yadav

CA Inter

★ 10

2

243

PROCEDURE WHEN A PARTNERSHIP FIRM DISSOLVES AND ASSETS AND LIABILITIES ARE DISTRIBUTED AMON THE PARTNERS

answered on 01-May-23 19:03

When a partnership firm dissolves and the assets and liabilities are divided among partners, do the person acquiring company stocks from assets during division among partners needs to pay GST on the stocks acquired.

latest answer

Since there is no supply, GST would not arise.

Yash Baid

CA Foundation

★ 620

1

287

As 2

answered on 30-Apr-23 12:14

Why is it 10,200 units here ?

latest answer

We check on consumed value. Same as cost sheet.

SANSKRITI BADRI 2111339

CA Final

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329

Journal entries of gift received by firm

answered on 30-Apr-23 14:03

1-What are the journal entries of gift received by firm/company in the form of kinds 2 does free service taken by a firm is also considered as gift

latest answer

You would add it to asset/inventory and credit P&L/ Retained Earnings

Anjali S

CA Inter

★ 0

2

259

Perquisite to direct labour is record in manufacturing a/c?

answered on 30-Apr-23 11:46

Does refreshment, food expense & any other perquisite or contribution to pf by employer for direct labour are recorded in manufacturing a/c and considered as part of production cost??

latest answer

Yes those all are employee cost

Atharv Sankliya

CA Final

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240