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Mock Test

Accountancy

answered on 19-Oct-22 13:43

How many number of Mock Test One Should Give Before Exam? Is One Mock Test sufficient after solving all RTP and Module Illustrations? And I will revise other questions in other mock test series and other past year questions after I give one mock test... okey? What should be average time for preparation after we appear for Mock Test? Is One Month Sufficient Time for Revision after I appeared for Mock Test?

latest answer

Yaa and also refer to weightages given by ICAI ha. They play important role for paper setters and us to. hehe

B A

B A

CA Foundation

10

8

422

Test Series

Accountancy

answered on 21-Oct-22 17:34

Does Indigo Learn give Test Series on 25% / 50% and 100% of syllabus? Is it possible to custom create test series as per topics chosen by me?

latest answer

Pls update your profile name to actual name.

B A

B A

CA Foundation

10

8

392

Sale of partnership firm

Accountancy

answered on 19-Oct-22 10:38

Illustration 2 of icai can anybody explain following things for business purchase account - 1. What is the nature of business purchase account - it is showing debit balance 2. Why are assets not taken over transferred to this account? 3. How can we ascertain that the balancing figure is profit ? 4. Thae firm was taken on in March 2012, and the business purchase account is closed in December 2012 only. Why didnt they make the purchase consideration calculations and settlement entries in March 2012 and kept the busines purchase account open till end of the year?

latest answer

The solution in ICAI material is not intuitive. You can compute profit by comparing assets and liabilities

Lakki Kamu

Lakki Kamu

CA Final

4K+

3

272

Redemption of pref shares

Accountancy

answered on 23-Oct-22 15:51

To write of premium on redemption can we use either securities premium or even general reserve ??

latest answer

Can you share the question?

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

3K+

7

330

Amalgamation

Accountancy

answered on 27-Oct-22 11:33

Situation: Separate value for Goodwill is given & it is Net Payments Method. While comparing Purchase Consideration with the Net Assets, should I include the GW value given, in the Calculation of Net Assets or derive the whole value as a Balancing Figure?

latest answer

Thank you!!

Krishna Sankar

Krishna Sankar

CA Inter

370

2

297

Calculation of net profit under section 198

Accountancy

answered on 18-Oct-22 17:16

I need a solution

latest answer

Okk

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

8

1K+

As12

Accountancy

answered on 18-Oct-22 12:42

Sir Grant received before starting the business, is cr to capital reserve... Here Before starting means.. That particular task or before entire enterprise come into business...?

latest answer

That activity

Divya K

Divya K

CA Inter

885

1

297

Capital or revenue expenditure?

Accountancy

answered on 18-Oct-22 15:06

Plz explain illustration 11 point (v) why it is revenue expenditure?

latest answer

Tq sir :)

KanakaMahaLaxmi Gunisetti

KanakaMahaLaxmi Gunisetti

CMA Inter

3K+

5

269

Small Doubt

Accountancy

answered on 18-Oct-22 10:55

Here in illustration 1,i understood whole question but i didn't understand what is that 9% debentures. Here,that 40,00,000Ã?50=20cr, it's clear but what is the purpose of giving that 9%..? Can anyone please help me out.

latest answer

It's rate of interest the debenture holder will get at half yearly or at year end ...

Shiva Netha

Shiva Netha

CA Foundation

12K+

3

383

Banking companies

Accountancy

answered on 18-Oct-22 05:28

In scaner, certain questions are calculated using the latter whereas few are given with the former one....we should prefer only doing former right?

latest answer

Study material

Gayathri S Nambiar

Gayathri S Nambiar

CA Final

2K+

2

311