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Feeling demotivated but, I will not give up!!

Accountancy

answered on 01-Aug-22 19:20

Hey guys, I hope you all are going well. Actually as the days are passing, I think my fear is increasing regarding exams. It's not about getting fail or skipping the attempt. But the fear not to score good marks. I have appeared for 2 mock test for accountancy and cost and received 45 and 52 marks. This makes me afraid that after putting substantial time, the efforts are still not in my favour. I didn't mean to demotivate you in any way, but just to share my thoughts and hear about you. I know this time is tough, but I heard someone saying, "tough time creates tough people". I wont be giving up on anything. Instead, I will do hardwork. Thanks for Reading. Please share you thought too.

latest answer

Yeah I"ll keep practicing. How's your preparation going

Naman trivedi

Naman trivedi

CFA L1

55

8

326

Rectification of errors

Accountancy

answered on 31-Jul-22 12:02

This question and solution is from icai module.....I need explanation that how drawings account is taken

latest answer

Purchase of motor cycle is for own use.So,debit drawings A/C.Credit miscellaneous a/c since it has been debited wrongly .Give the opposite effect

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

5K+

10

315

Rectification of errors

Accountancy

answered on 30-Jul-22 20:13

Mention wrong ,correct,rectified entry for the 3rd sum

latest answer

Thanks a lott

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

5K+

6

378

Esop

Accountancy

answered on 30-Jul-22 21:13

In question 3) the grant and exercise of option Is I 2 different years Grant for year ended 31.3.x1 and exercise 31.3 .2 Total of 15 months though in solution the employee cost written of in 1 year (12monts) why?

latest answer

Counted from grant date

Gauri Shete

Gauri Shete

CA Final

4K+

5

288

Ca foundation

Accountancy

answered on 02-Aug-22 09:08

Need journal entries for the following

latest answer

During initial stages, you need to understand journal entries. Once you are good at Journal entries, you can start directly with ledger posting (even here there has to be a journal entry in your mind)

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

5K+

22

418

Esop

Accountancy

answered on 30-Jul-22 18:45

What is fair Value of stock option (16 ,12 ) here

latest answer

Market value - exercise price = fair value / instrinsic value .. it means the value agreed by employer to compensate for their employees under ESOP

Gauri Shete

Gauri Shete

CA Final

4K+

3

267

Inventory

Accountancy

answered on 30-Jul-22 21:28

What is difference between cost and nrv and why the lower one is considered always

latest answer

Okk

Samarth Kshatriya

Samarth Kshatriya

CA Inter

1K+

27

260

Departmental accounts, markup sum

Accountancy

answered on 29-Jul-22 23:35

In the whole sum old edition there was " Mark down " in many workings .....but in new no such thing ..... Should we follow the new one first Nov 22 ? .....I've attached the old book image

latest answer

On net basis

krishnan venkatesan

krishnan venkatesan

CA Final

25K+

2

381

Applicability of Accounting Standards

Accountancy

answered on 29-Jul-22 23:00

This topic "Applicability of Accounting Standards" comes in both paper 1 and paper 5 of inter ......are they both same ? We read this 2 times ?? Please tell

latest answer

Thank you sir ....you are awesome

krishnan venkatesan

krishnan venkatesan

CA Final

25K+

2

201

AS 11

Accountancy

answered on 02-Aug-22 09:49

How the journal entries are passed for this forward transaction?

latest answer

Ok, tq sir

Sajeetha R

Sajeetha R

CA Final

46K+

6

304

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