Forums
Bill of exchange
Accountancy
answered on 17-Dec-22 09:27
Dishoner Or renewal entry are same in this case
latest answer
In renewal a new bill will be drawn
A Y
CA Inter
★ 45
3
355
Brs
Accountancy
answered on 16-Dec-22 09:32
What is the opening balance in the below question
latest answer
Okay sir
Monika T
CA Final
★ 7K+
2
462
Incomplete records
Accountancy
answered on 16-Dec-22 10:18
Plz explain this adjustment . Time lag adjustment.
latest answer
One month credit period is allowed both for debtors and our creditors. So,at year end ,one month's sales and purchase will be outstanding
Sugam SM
CA Final
★ 9K+
2
334
Rectification of errors
Accountancy
answered on 16-Dec-22 09:14
Explanation?
latest answer
Depreciation To Suspense
Monika T
CA Final
★ 7K+
5
407
Fixed Overhead Recovery rate
Accountancy
answered on 15-Dec-22 22:24
If we have produced 90,000 per unit but the normal capacity is 1,00,000 if we consider the value of the 90,000 unit as cost of inventory then how can we charge 10,000 unit to P&L which is not sold.
latest answer
Ok I got it
Snehashis Mohanty
CA Inter
★ 35
2
379
Recovery rate of fixed Overhead
Accountancy
answered on 15-Dec-22 21:21
What it is necessary to calculate predetermined recovery rate of fixed Overhead Can anyone explain me with an example?
latest answer
Ok
Snehashis Mohanty
CA Inter
★ 35
6
668
Mark allotment
Accountancy
answered on 15-Dec-22 13:02
How do marks for brs and cash book are alloted( stepwise marks)?
latest answer
Thank you sir!
Yamuna S
CA Inter
★ 15K+
2
436
Valuation of inventory
Accountancy
answered on 16-Dec-22 09:13
Why cost of partly finished product is considered while doing valuation of inventory and why completely finished goods are not taken into consideration.
latest answer
In this question - The requirement is calculate WIP only. If the question asks value of total inventory calculate all.
Snehashis Mohanty
CA Inter
★ 35
9
418
Dec 22 Accounts Paper
Accountancy
answered on 14-Dec-22 20:45
How is depreciation charged in this case is Rs 3600 as the calue of asset is Rs 2600 how can depreciation more than asset value???
latest answer
There could be purchases as well. Pls focus on next paper. You can revisit accounts paper after all papers are done.
Prathmesh kharul
CA Foundation
★ 3K+
1
354
Dec 2022, true or false
Accountancy
answered on 15-Dec-22 07:32
Can anyone tell true or false 6th one with explanation.
latest answer
false All identifiable, verifiable, and present assets at the time of the charge are covered by the fixed charge. On the other hand, a floating charge covers current or future assets.
Vijay K
CA Inter
★ 9K+
3
365