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Is machinery an overhead cost?
Accountancy
answered on 14-Aug-23 08:34
Is machinery considered an overhead cost? Also, in management accounting, how does accounting information help in knowing how to reach potential buyers? Isnt that more of a marketing decision? How will knowing accounts know the interest levels of potential buyers?
latest answer
Machine-related expenses are considered Overhead. With costing information you can decide how much to quote to buyers etc.
Devika Venu
CA Foundation
★ 5
4
569
Cash flow statements - working capital changes
Accountancy
answered on 11-Aug-23 10:40
Do we adjust changes in *other current assets/ liabilities* from operating profit before working capital changes? I'm asking this because no where in study mat it is adjusted, but in RTP suggested ans it is adjusted
latest answer
Thank you sir
Yamuna S
CA Inter
★ 15K+
2
406
BANKING COMPANIES
Accountancy
answered on 12-Aug-23 07:56
In the question interest and discounts acc has a credit balance but while making the ledger we've not carried down the balance of current year instead we transferred it to P&L .... Shdnt we carry it down to next year over here ???? Reference: Illustration 7, Page 8.82 of Module 3 of adv acs
latest answer
Interest and discount a/c. Will be tr to P&L acc
Neha Baliga
CA Inter
★ 16K+
2
434
Thanks u sir
Accountancy
answered on 10-Aug-23 14:34
Today received book
latest answer
You are welcome
R G
CA Final
★ 9K+
1
422
CA Foundation Preparation
Accountancy
answered on 11-Aug-23 13:50
Suppose some who buy CA Foundation classes now What should be the strategy of preparation
latest answer
Then for the remaining 20% syllabus if you want can go for classes and revise 80% on a regular basis
Ab Devliear
CA Foundation
★ 3K+
9
484
How to handle b.cpm 3rd years plus ca inter
Accountancy
answered on 10-Aug-23 20:54
Morning daily 7:15 to 12:45 daily collage Nagindas khandelwal college compassory 75 percentage attendance
latest answer
You can ask for permission from your college. Focus on CA inter as the portion of B.Com is comparatively easier than CA and also some concepts are also same in both. So, it would help you in your exams. Generally, it is better to do B.Com either online or through correspondence as it saves you a lot of time.
R G
CA Final
★ 9K+
2
649
Accounting for Liquidation of companies
Accountancy
answered on 08-Aug-23 20:52
Q.no.6 (preference dividend of 6000 was not addressed).
latest answer
In this question We should ignore the preference dividend We will take Arrears of preference dividend only it is given in question (i.e) in adjustments I hope this is clear to you
Jayanth
CA Final
★ 6K+
7
451
Adv accs
Accountancy
answered on 12-Aug-23 07:51
In the image below, if it is Exactly 500 Crores Whether it is Systematic Nbfc Or Nin systematic NBFC.???❓ Pls clarify to me anyone
latest answer
Ok
Balachandar S
CA Inter
★ 59K+
3
450
Partnership
Accountancy
answered on 14-Aug-23 08:43
Here there is no information about solvency or insolvency of partners. We need to consider both partners are solvent then why debit balance of tanish capital a/c is adjusted with yash capital a/c(highlighted). Can i write bank a/c here instead of both capital a/cs
latest answer
Yes.
lohith perumalla
CA Inter
★ 8K+
1
456
CA INTERMEDIATE
Accountancy
answered on 08-Aug-23 17:57
Provision details
latest answer
Pls be clear with yr query
BALA
CA Inter
★ 570
4
473