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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

689

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

573

Amalgamation

Accountancy

answered on 19-Jul-21 21:31

How to find out whether the sum under payment method or net asset method

latest answer

You can infer it from the question

Hari Prakash

Hari Prakash

CA Inter

2K+

1

602

Asset

Accountancy

answered on 19-Jul-21 15:29

I am a car dealer. My job is buying and selling cars. I bought a car for my daily use in my business but I am selling it. So will this particular car will be my fixed asset. Am I right? If not please explain why. And thank you for your kind help.

latest answer

Yes you are correct i.e. FA, if you are holding as goods of your business that time you are treated as stock in trade.

Vijay K

Vijay K

CA Inter

9K+

1

528

Inventory valuation

Accountancy

answered on 17-Jul-21 16:40

What is mean by the mark up being 25% on cost in the first picture? And in the second picture,. How is the cost of goods sold is given by 2,50,000 x ( 100/125 ) ? Thank you for your kind help.

latest answer

mark up of 25% means Cost + 25% = sales price So if SP is 125 CP is 100 so if SP is 250000 Cost is 250000 x 100/125

Vijay K

Vijay K

CA Inter

9K+

1

800

Questions

Accountancy

answered on 16-Jul-21 14:09

In the first two papers of ca foundation, can theory based questions be asked from book inside other than the questions given in the exercise?

latest answer

Ok

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

547

Bank reconciliation statement

Accountancy

answered on 17-Jul-21 10:40

In BRS when should we prepare cash book (bank coloumn) and when should we not prepare cash book bank coloumn. Rest all is clear in that

latest answer

Yes

Aditya  A.D

Aditya A.D

CA Foundation

10K+

3

686

BRS

Accountancy

answered on 16-Jul-21 13:54

In the 7th statement of question1, they have give credit balance in pass book but in the answer they have given as debit balance. So in the answer is it credit or debit balance? I got debit balance only, but I want to confirm it. And thank you for your kind help.

latest answer

It should have been debit balance. Printing error in the material.

Vijay K

Vijay K

CA Inter

9K+

4

652

Buy back

Accountancy

answered on 14-Jul-21 20:40

Please refer below question and answer And answer why revenue reserve was used to transfer to CRR rather than p&l a/c

latest answer

Thank you sir understood!!!

Sai Teja

Sai Teja

CA Final

14K+

2

584

Hire purchase

Accountancy

answered on 14-Jul-21 21:44

Illustration-5 If we take different guessed rates as we wish whether the interest rate will be same or different

latest answer

Ok sir ð???

AbithaSuku S R

AbithaSuku S R

CA Inter

2K+

2

531