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Consignment

Accountancy

answered on 22-Jul-21 12:30

Please help in solution of this question with detailed solution

latest answer

Try to solve on your own and send us the solution. Will get back to you.

Aditya Sharma

Aditya Sharma

CA Foundation

2K+

1

453

cash flow statement

Accountancy

answered on 22-Jul-21 09:51

XYZ company manufacturing tiles they started business on 1/4/2020. from the following information prepare cash flow statement as on 31/03/2021 company produce 600 tiles per day(25 days per month) direct expenses â?¹10.5 per piece selling price â?¹91 per piece raw materials used to produce a tile is â?¹30 rent â?¹2500 per month salary â?¹13500 per month advertising â?¹1000 per month travelling â?¹1000 per month other expense â?¹3300 per month

latest answer

Assume what is produced is sold.

Elavarasi B

Elavarasi B

CA Inter

46K+

3

413

Method of writing

Accountancy

answered on 22-Jul-21 12:43

I am a science student. I don't know how to write in accounts sheet. Where can I get to know the procedure of writing in accounts sheet?

latest answer

Yes

Vijay K

Vijay K

CA Inter

9K+

6

459

Exam doubt

Accountancy

answered on 21-Jul-21 13:55

In ca foundation exams, is there any option to attempt all the questions. Will marks be considered for the extra questions? Or only 4 out of 5, 1st being compulsory?

latest answer

https://youtu.be/3NRHkfi7VYI Time stamp : 1:56:30 ICAI webinar on Dec 2020

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

7

604

Prize

Accountancy

answered on 21-Jul-21 09:01

I bought a car worth of Rs. 5,00,000 and paid Rs. 25,000 as tax and Rs. 25,000 as transportation charges. so the cost of my car will be Rs. 5,50,000 as per my books of accounts. but if someone asks me about the prize of the car, what should i tell him? Rs. 5,50,000 or Rs. 5,00,000 ? and explain why ? thank you for your kind help.

latest answer

Ex showroom price 500000 On road price 550000

Vijay K

Vijay K

CA Inter

9K+

1

414

Where can I learn branch accounting ?

Accountancy

answered on 20-Jul-21 19:27

Any YouTube channel or sites you recommend ?

latest answer

https://www.indigolearn.com/course/Accounting-for-Branches-Including-Foreign-Branches/plsnwd?catalogId=wpljho

anqelic bvnni

anqelic bvnni

CMA Foundation

0

1

401

Real or nominal?

Accountancy

answered on 20-Jul-21 16:23

1.Why Purchases and sales are classified both as real and nominal? 2.And what does the word nominal indicate in this context? 3.Is it ok if I write them as nominal accounts? Pls answer

latest answer

Ok. Thank you so much mate

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

3

2K+

Doubt

Accountancy

answered on 20-Jul-21 08:45

Here in this question cash and bank have no separate balances so it is maintained in combined manner so can I omit the contra entry transaction as they have no effect in this combined form...?

latest answer

Yes you can make one single account

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

487

Depreciation

Accountancy

answered on 24-Jul-21 13:28

Please give me solved answers of all. Who solve this will get maximum marks in exam. With regards Aditya Sharma

latest answer

5th

Aditya Sharma

Aditya Sharma

CA Foundation

2K+

9

480

Exam preparation

Accountancy

answered on 20-Jul-21 09:59

Is necessary to study the theoretical framework line by line in books or I can study indigo learn summaries? I'm not able to study theories in accounts.

latest answer

Thank lot!!!!

Vani

Vani

CA Foundation

2K+

4

436