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AS 7
Accountancy
answered on 26-Nov-24 16:02
3 year contract Incurred cost 1st year =30 L Estimated additional cost = 90 L Total Contract Value = 112 L Assume work is completed to the extend of 75% by the end of year 2 Find total expense to be recognised in year 1
latest answer
Revenue = 28 lacs cost = 30 Lacs Loss - 2 lacs Expected loss = 8 lacs. So provision of 6 lacs is made. Total expenses = 36 lacs.
Yadhav yky
CA Inter
★ 0
1
455
AMALGAMATION
Accountancy
answered on 26-Nov-24 16:03
this free content can't play in my device
latest answer
Try once now.
Mallarapu GDR
CMA Inter
★ 2K+
1
107
Amalgamation
Accountancy
answered on 26-Nov-24 14:45
Not played this content in my device
latest answer
It is playing in our app and website Can u play video on laptop and record it on your mobile and share the video by email to support@indigolearn.com
Mallarapu GDR
CMA Inter
★ 2K+
1
91
Types of GST
Accountancy
answered on 26-Nov-24 16:09
If someone is paying the IGST along CGST then also did he or she has to pay SGST
latest answer
If a transaction requires IGST - it will not require CGST or SGST If a transaction requires CGST, it will require sgst as well.
Akshara Agrawal
CA Foundation
★ 180
1
112
Internal Reconstruction
Accountancy
answered on 25-Nov-24 20:27
Why have we not provided journal entry for arrears of preference dividend? (Point iii)
latest answer
If the question states that arrears of preference dividend is payable, then you need to pass an entry for the same.
Sagar Kathuria
CA Final
★ 3K+
2
678
Ch11 financial statements unit1
Accountancy
answered on 27-Nov-24 01:57
In ch11 FS UNIT1 ILLN 4 Debenture interest has been shown as Current liability and in ILL 6 it is not shown as Current liability, should it be shown or not
latest answer
Tq
yaazhini kathiravan
CA Inter
★ 115
2
466
Pand l
Accountancy
answered on 25-Nov-24 08:26
How we got finance cost for this problem
latest answer
It is a typo error. Finance costs are nil and 18,240 is the depreciation and amortization expenses
Dharshana Rajkumar
CA Inter
★ 2K+
2
355
Cash flow statement
Accountancy
answered on 25-Nov-24 08:46
Can someone please solve it and share the workings (Q2)
latest answer
Please solve the problem by yourself. If you have any doubts while solving the problem you can ask here
Sagar Kathuria
CA Final
★ 3K+
1
358
Illustration 5
Accountancy
answered on 27-Nov-24 15:13
Hi sir / madam ; Is it necessary to prepare " Goods send to branch account " for every problem related to loading / mark- up price ?
latest answer
Generally yes. Sometimes the question specifies the ledgers to be prepared.
Nagachaitanya Nomula
CA Inter
★ 8K+
1
109
Buyback of shares 1st test
Accountancy
answered on 22-Nov-24 14:00
Hi sir , Sir ; in the first test what does the word outstanding shares actually mean ?
latest answer
the term "outstanding shares" refers to the shares that have been issued by the company and are currently held by the shareholders, excluding any treasury shares or shares that have been repurchased but not yet canceled. Basically shares in issue.
Nagachaitanya Nomula
CA Inter
★ 8K+
1
232