Forums
Insurance claims
Accountancy
answered on 09-May-22 16:45
Here why in this question in calculation of trend only sales from January to may is taken in some problems fully turnover is taken In general how much period is to be taken in calculation of a trend
latest answer
There is no any fixed period of time for calculating trend % that's only based on the problem.i.e. sales made in Normal' business situation... Here, in this question compared to PY Jan to May they made normal sales after that sales are affected by Fire bcz they compared only up to May
Subramanyam N
CA Inter
★ 6K+
1
321
Provision for depreciation
Accountancy
answered on 08-May-22 18:09
Why provision for depreciation is subtracted from assets in balance sheet?
latest answer
It cannot be considered as liability
Ved Bishnoi
CA Foundation
★ 150
12
500
Average due date
Accountancy
answered on 08-May-22 18:10
here 368000/2800 comes to 131.428.~132 then why round it off to 131. Because of this, there is a difference in the average due date and also in interest.
latest answer
Take assumption
Jitendra Kumar
CA Final
★ 41K+
4
417
As18
Accountancy
answered on 09-May-22 20:25
What is meant by "control over composition of board of directors"
latest answer
Control over composition of BoD means the ability to appoint majority or all of the Directors
Shiva Naga Raju
CA Final
★ 9K+
2
322
Redemption of debenture
Accountancy
answered on 08-May-22 13:10
Is there any amendment for DRR(10%) AND DRR INVESTMENT (15%) PERCENTAGE
latest answer
Refer - https://youtu.be/lXhl2rhCjBU
Kiran Vijay
CA Final
★ 4K+
2
357
Cfs
Accountancy
answered on 09-May-22 17:22
Can any one explain this whole sum and answer for this sum I didn't understood ans given in icai I want clarification about whole sum plss
latest answer
Yes
Pandusml V
CA Final
★ 4K+
3
356
Redemption of debentures
Accountancy
answered on 07-May-22 17:52
Is illustration 11 RTP question, because it is not available in material (indigo mat and icai mat)
latest answer
Thanks for highlighting. We will move it to the correct chapter.
SUMANTH MANNAVA
CA Inter
★ 5K+
2
302
Average due date
Accountancy
answered on 07-May-22 14:41
In Illustration 11 while calculating interest by average due date system why we are taking the base date as 1st july we should take 28th feb only na?
latest answer
Ok Thank you so much
Lathika
CA Inter
★ 6K+
7
350
Average due date
Accountancy
answered on 08-May-22 06:34
In illustration 11 I have two doubts. First in calculating the interest by original system for A in the vedio sir have calculated the period by months but for B the period was calculated in days, Why? We can calculate in month itself na
latest answer
No mention :)
Lathika
CA Inter
★ 6K+
11
297
FS of Banking
Accountancy
answered on 07-May-22 16:37
If OD of 2500 is already included in current account 97000, then why current accounts are shown 99500 in deposits instead of 94500. Why they are adding again ?
latest answer
Rs. 9,70,000 is the net credit Balance which is payable by the bank to their customers. This 9,70,000 is calculated by including the debit balance of OD's which is Rs. 25,000/-. Hence, for the purpose of presentation the debit balance of OD's is shown in the assets side of FS and the contrary effect is given by increasing the OD to actual credit balance which would have been 9,95,000 ( 9,70,000 + 25,000). In simple terms, the assets are pulled over and the actual liability without netting off is shown in liabilities side.
Madhaan S
CA Final
★ 14K+
2
328