Forums
Billsof exchange
Accountancy
answered on 02-May-22 18:42
Dishonor of bills of â?¹600 nd also noting charges paid by Drawer of â?¹10 Will u plzz tell me what entry will be passed in the books of Drawee??
latest answer
Thank u
Tanya Batra
★ 7K+
2
336
Average due date
Accountancy
answered on 02-May-22 15:21
So if we get 130.23~131 days right but study mat is saying 130 days as even .23 belongs to next day right?
latest answer
I would be taking.
Sugam SM
CA Final
★ 9K+
24
462
Exemption of accounts
Accountancy
answered on 01-May-22 21:15
Is study material enough to score 60 plus in accounts
latest answer
For Accounts ICAI study Material RTP ,MTP, Prev question paper is sufficient
Vishal Pangam
CA Inter
★ 180
3
357
Buyback of securities
Accountancy
answered on 01-May-22 23:28
If in a question, 10L face value shares are going to be bought back. The company issues shares under Employees Stock Option Plan for an amount of 3L. Here, CRR to be created is for 10L or 7L ?
latest answer
CRR to be created only to extent of nominal value of shares bought back ref once this
Rama Sesha Gopal
CA Final
★ 11K+
1
363
Banking
Accountancy
answered on 01-May-22 19:34
Sir do we get any marks for presenting proforma in banking sir I mean p and l and balance sheet
latest answer
Hm
Pandusml V
CA Final
★ 4K+
2
395
illustrations
Accountancy
answered on 01-May-22 17:16
Please explain below Two illustrations
latest answer
Under FIFO(first in first out) method the inventory will be issued to production in the order they are purchased. So unless the opening stock of a particular period is issued to production the subsequent purchases will not be issued. Under Weighted Average Method of valuation the issue price of the inventory will be calculated by dividing sum of products of price and quantity by total number of quantities available. And so the sequence of purchase becomes immaterial.
N K
CA Inter
★ 5
3
375
illustration
Accountancy
answered on 05-May-22 18:00
Please explain below illustration
latest answer
This is already solved in class. If Actual Production > Budgeted Production - COmputed REvised Overhead Recovery Rate.
N K
CA Inter
★ 5
3
296
Partnership,death of partner
Accountancy
answered on 03-May-22 20:25
So here sir had done the problem as no profit and loss account is prepared as on death but in study mat they have considered the revalued asset value for which the calculation are different from those of lectures and those from study mat. So what we should follow
latest answer
Okay sir, Thank You.
Sugam SM
CA Final
★ 9K+
8
519
Liquidation
Accountancy
answered on 30-Apr-22 22:23
Can anyone pls explain the second case
latest answer
Ok understood thank you
Pandusml V
CA Final
★ 4K+
4
375
Internal reconstruction
Accountancy
answered on 04-May-22 08:41
ICAI module illustration:7 why they didn't write off intangible assets in that sum?
latest answer
Thank you sir
Snekha Muniasamy
CA Final
★ 11K+
7
421