Forums
Taxation
Accountancy
answered on 18-Jun-21 22:03
What is Deferred Tax in simple terms....
latest answer
Thank you sir...
Aditya A.D
CA Foundation
★ 10K+
3
528
NBFC
Accountancy
answered on 18-Jun-21 17:42
What is the meaning of first sentence
latest answer
A general provision at 0.40 percent of outstanding standard assets should not be considered for calculating net NPAs. It is shown separately as contingent provision against standard asset in balance sheet.
manideep martha
CA Final
★ 10K+
1
425
How to calculate finance charge
Accountancy
answered on 17-Jun-21 11:16
Question number 45
latest answer
Thank you ð???ð???
Triveni Patil
CA Inter
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2
585
General
Accountancy
answered on 17-Jun-21 16:19
Can we adopt different method of accounting for depreciation different asset ? Sir That is for plant and machinery accumulated depreciation method and for furniture and fixtures cost method of depreciation sir?
latest answer
Yes, for different asset classes, different depreciaton methods can be used
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
1
486
Doubt
Accountancy
answered on 16-Jun-21 16:34
For example , in the 15% debentures account , the opening balance is � 500000 and new issue of 15% debentures is issued on discount of �35000 on 1/4/x1 is � 250000. If it is it a issued on discount and why do we calculate the interest on the face value instead of the remaining paid value ( I.e . �215000). 
latest answer
Payments can't keep changing, on market value / paid value of Debentures. Interest is always paid on face value, price keeps changing considering return-cost analyses.
Susai Yappan
CA Inter
★ 12K+
1
473
Doubt
Accountancy
answered on 16-Jun-21 20:59
Sir in super profit method how can we identify where the annuity is present or future to calculate goodwill
latest answer
Only one annuity value will be given in question
sai t
CA Foundation
★ 2K+
13
475
weightage
Accountancy
answered on 16-Jun-21 10:47
are department accounts and branch accounting chapters important? can i leave it as option?
latest answer
We encourage students to write exams with full prep. As per ICAI weightage pdf, https://resource.cdn.icai.org/57148bos46296.pdf (pg 21/66) these 2 chapters along with Incomplete records is clubbed into unit that comprises 20-25% weightage
Pooja .
CA Final
★ 210
1
514
Profit or loss pre and post incorporation
Accountancy
answered on 16-Jun-21 10:42
Sir, Why loss on sale of investments relates to pre incorporation period?
latest answer
Generally, date will be given, If not given, you can assume either way and mention accordingly
Rinuja TK
CA Inter
★ 10K+
4
524
Capital Expenditure and Revenue Expenditure
Accountancy
answered on 15-Jun-21 21:02
Sir.. Please give answers
latest answer
We cannot provide such answers. You please let us know which specific issue you have doubt and we shall help you.
Shaguftha Jabeen
CMA Inter
★ 0
1
625
Accounting standards
Accountancy
answered on 16-Jun-21 11:10
3 Last question in As 4 ( question illustration 6,7) As 5(question : illustration 6 ,7,8) As 29 ( question: illustration 12,13) Where is questions taken from where we can take the print send link or each standard 2018 questions paper no question like this 2019 , 2020 Please help me
latest answer
All the previous year question papers, RTPs, MTPs and suggested answers are available in "Free notes + resources" in IL app. You can go through them.
Sultana Sultana
CA Inter
★ 245
1
586