NRV

answered on 25-Apr-23 17:21

Sir cam we say NRV = Profit

latest answer

No.. net realisable value(nrv) isn't profit. It is the money we realise on sale less expenses on sale. It includes profit(if sold above the cost)

THARUN KUMAR EKAMBARAM

CA Foundation

★ 18K+

1

237

Adjusted cash book & BRS

answered on 26-Apr-23 16:49

In the 2nd question,2nd part it clearly mentioned that the check was returned and dishonoured but in the below box why it was credited in cash book ? Without honouring the cheque what is the purpose of crediting it in cash book.

latest answer

When you receive cheque, you debit the cashbook Then when dishonoured, you credit cashbook.

Shiva Netha

CA Foundation

★ 12K+

1

603

I was facing difficult in hidden adjustment

answered on 26-Apr-23 17:32

Trial b/s as on 31/3/2018Rent paid including 100 for April 2018

latest answer

Pls share full question.

Karan Yadav

CA Inter

★ 10

3

346

Paper1 chapter2 FS

answered on 25-Apr-23 08:23

Equity + liability equal to assets write or wrong

latest answer

Correct

Karan Yadav

CA Inter

★ 10

3

262

Advanced to employees 5k again s April of next financial year paid in c. Y. March it is asset or expanse

answered on 24-Apr-23 20:04

Sir

latest answer

It is a prepaid expense and it will shown as asset in the balance sheet

Karan Yadav

CA Inter

★ 10

3

269

Paper 1 chapter 1 I was sitting study for 2 hour but actually quality hour was 1

answered on 25-Apr-23 13:12

I mean sir u give1st chapter and complete target was 8 hour and i am complete 16hourse i am very slow if I was increasing speed x2 i am not able to understand and also preparing short for each video lecture consumed lots of time i was chapter complete 16-17 hour and i was study only one subject paper 1 full day very slow what should I do if I go fast I I not understand anything how to increase speed

latest answer

Are you following the study planner? 1 hour of video cannot be completed in 1 hour.

Karan Yadav

CA Inter

★ 10

7

275

AS 18

answered on 26-Apr-23 17:22

A Limited has two Associates, B Limited and C Limited, and owns 25 per cent of the voting power of B Limited and 30 per cent of the voting power of C Limited. Would B Limited be considered a related party for the purpose of financial statements of C Limited ?

latest answer

Thanks Sir

Prethivi Rajan

CA Final

★ 9K+

5

333

partnership

answered on 26-Apr-23 17:32

in the below situation which one is taken as base under high relative capital base

latest answer

D

Elavarasi B

CA Inter

★ 46K+

1

254

Dept accounts

answered on 24-Apr-23 14:01

Is memorandum mark up account in portions ?

latest answer

Yes

SANSKRITI BADRI 2111339

CA Final

★ 3K+

2

304

Preparation of FS

answered on 24-Apr-23 11:43

Sir the amendment video which is there. Is it applicable for may 23?

latest answer

Yes. But in exams rounding off was not tested

Sugam SM

CA Foundation

★ 9K+

4

278