US CPA or US CMA

asked on 08-Nov-22 15:04

Any one doing US CPA or US CMA?

latest answer

No answers yet!!

Hemant Singh

CA Inter

★ 20

0

218

Banking

answered on 08-Nov-22 13:01

CRR and SLR rate applicable for nov 2022 exam?

latest answer

CRR - 4 percent SLR - 18 percent

Devi Kiran

CA Inter

★ 0

1

261

Advance acc -amalgamation

answered on 08-Nov-22 11:49

In question 14 hari and vayu ltd They didn't mention that liabilities are taken over but till we took debentures trade payables loans Generally we should not take if they didn't mention and we have to settle in realisation a/c ??y did they consider as taken over even though not mention

latest answer

If in question they mention specifically particular assets taken over then only particular assets shod taken for pc

Jaanu Jaanu

CA Final

★ 4K+

3

256

Chapter 1 : unit 2

answered on 07-Nov-22 21:54

Purchase of machinery for cash I thought increase in total assets because cash decreases and another asset machinery comes 8nto the business. But correct answer given as it retains assets unchanged. Plz clear this point sir

latest answer

The answer is *total assets* remains unchanged ... because one asset increases and another asset decreases ... therefore,total asset does not change...only cash ( an asset) changes another form ( machine)

Anil Raj

CA Foundation

★ 580

2

278

Consignment

answered on 07-Nov-22 20:04

Why is Abnormal Loss calculated on Actual Cost price ( 1500 in the given solution ) but Closing Stock is calculated on Invoice price ( 2000 in the given solution ) ?

latest answer

Invoice price means a presumed value created by consignor so,while calculating abnormal loss whey will not include presumed value just they include actual loss

Ardhendu Sekhar Acharya

CA Inter

★ 250

6

270

Adv accounts

answered on 07-Nov-22 18:56

What is better to prepare from exam perspective consolidation or dissolution?

latest answer

Dissolution of partnership is easier. Consolidation - simple problems would be scoring.

Gauri Shete

CA Final

★ 4K+

1

291

Advance Accounts - Banking Companies

answered on 07-Nov-22 20:53

What is the rate of CRR and SLR to be considered for Nov 22 attempt ?

latest answer

Thanks ! These are the latest rates also. So it's making sense

Chandan Subudhi

CA Final

★ 12K+

4

314

Question related to Intangible assets

answered on 07-Nov-22 18:57

Plz tell me tha solution of this ques

latest answer

AS-10 Capitalise to Plant and Machinery.

Riya Goel

CA Inter

★ 4K+

2

265

Practical Q3,dissolution

answered on 14-Nov-22 16:47

Can we show kumar's loan in realisation account here

latest answer

Cash/Bank - No Partners wife loan - can be settled directly or trf to realisation and then settle.

Gauri Shete

CA Final

★ 4K+

3

301

BRS - unfavorable balance

answered on 06-Nov-22 21:08

By which method we have to solve BRS overdraft balance questions By plus minus By statement ??

latest answer

U can solve with any of the above-mentioned methods, but statement is preferable. U don't even need to seperately mention all the plus items and minus items. U can simultaneously put all the transaction in format whether it is plus or minus.

Atharv Sankliya

CA Final

★ 3K+

2

224