Like these types of Questions To Prepare Or Only CA Foundation module is enough Please tell us

answered on 27-Oct-24 19:25

Sir CA Foundation accounts Company accounts: Redemption of preference shares Did they asks CA Inter Old module Questions These Questions are not in CA Foundation module sir Did they asks Or

latest answer

ICAI has habit of sometimes asking questions out of material. Just do this once, it will help you.

Swathi Swathi

CA Foundation

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4

389

Loss of stock

answered on 29-Oct-24 09:31

Sir I hve done this sum as per ur vedio class but I'm not getting the answer as per the book

latest answer

abnormal items are excluded to calculate normal rate of gross profit. So if closing stock has some abnormal items or sales have some abnormal items, we deduct them to arrive at normal gross profit.

Ramalaxmi K

CMA Inter

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7

432

Illustration 5 part 2

answered on 29-Oct-24 09:33

Sir why we don't consider transfer to general reserve , provision for tax, and proposed dividend to add under non cash items?

latest answer

We start answer from net profit before tax generally. All the times you mentioned are after net profit before tax.

DEBJANI Dutta

CA Inter

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2

272

AS 22

answered on 25-Oct-24 15:16

Hi sir / madam How unamortised preliminary expenses is considered as Deferred Tax Asset ?

latest answer

Thank you sir

Nagachaitanya Nomula

CA Inter

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2

71

AS 2

answered on 25-Oct-24 07:25

When Cost of FG > NRV of FG, RM is valued @ Replacement cost right? Then under this question why cost Rs.140 is considered

latest answer

Okay Sir.Thank you

Soon to be CA

CA Inter

★ 4K+

2

291

Consolidation

answered on 29-Oct-24 18:16

in this case they are saying abnormal loss of RS.1lakh has occurred on 1/7/18.Whereas the DOA is 30/9/2018.So then why here we are adding abnormal loss of 1lakh in post acquisition instead of pre acquisition?

latest answer

thank u sir

Niveta Rajkumar

CA Inter

★ 6K+

4

248

In question 2

answered on 22-Oct-24 12:56

Refund of grant means giving money back to govt or receiving money from govt?

latest answer

Giving money back to government

Shivashankar Jawai

CA Inter

★ 2K+

1

227

AS 11

answered on 21-Oct-24 19:32

For this question amount to be capitalized is Rs.62.5 lakhs right? As its payable on three annual equal instalments

latest answer

3187.5 rupees, not 3062.5

Soon to be CA

CA Inter

★ 4K+

2

272

Cfs

answered on 21-Oct-24 10:07

Sir whether this equity method of accounting is applicable only for associate company??? Or It is applicable for subsidiary companies also??? In consolidated financial statements

latest answer

Only associate.

Suman Hs

CA Final

★ 2K+

1

60

In this qn all the abv merger conditions satisfy but they use the purchase method why???

answered on 21-Oct-24 10:40

In this qn all the abv merger conditions satisfy but they use the purchase method why???

latest answer

The condition that business will be continued is not given in the question. So this condition is not satisfied.

Jeeva Sakthivel

CA Inter

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1

306