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Cash flow statement
Accountancy
answered on 21-Apr-21 17:20
In profit after tax why we include provision for tax alone ,income tax paid during the year also excluded for computing profit after tax (all the expenses should deducted to get profit after tax) Then why income tax paid during year not taken???
latest answer
The provision for income tax - represents an expense The tax actually paid is outflow towards it.
Akshay jerry
CA Inter
★ 10
1
594
Doubt
Accountancy
answered on 21-Apr-21 17:22
Sir why loose tools are included in balance sheet Under inventory Sir I have a small doubt some time this tools can as also be used from manufacturing machine na then why it is included in inventory in balance sheet and not in manufacturing account can u please clarify my doubt sir
latest answer
Inventories also encompass finished goods produced, or work in progress being produced, by the enterprise and include materials, maintenance supplies, consumables and loose tools awaiting use in the production process. Loose tools have a very short life and are held in large quantities. So classification under fixed asset makes it difficult for accounting.
sai t
CA Foundation
★ 2K+
2
889
Cash flow statement
Accountancy
answered on 24-Apr-21 10:09
In illustration 12 In plant and machine account why prov for dep opening is included other sum are different this sum alone why any reason??
latest answer
Pls go through the module once.
Kanaga Mani
CA Inter
★ 3K+
6
821
Consolidated financial statements
Accountancy
answered on 21-Apr-21 22:11
In this ans is wrong? Why they didn't deduct pre-acq dividend? question no:2
latest answer
Ok sir.
Sathiya Bama
CA Final
★ 24K+
2
670
Consolidated financial statements adv accounts
Accountancy
answered on 22-Apr-21 14:44
Can u explain,what basis they separate the unrealised profit.?
latest answer
Thanks mam.
Sathiya Bama
CA Final
★ 24K+
3
592
Deferred tax
Accountancy
answered on 22-Apr-21 12:40
In this question opening deferred tax and closing deferred tax will be same? I will never change?
latest answer
The requirement of the question is to show the impact on the DTA and DTL.
Abijith Alappat
CA Final
★ 1K+
2
601
Admission of a partner
Accountancy
answered on 21-Apr-21 17:25
Answer for this question
latest answer
We can help you with specific doubt.
jothika dharuman
CA Foundation
★ 570
3
797
Investment account
Accountancy
answered on 20-Apr-21 12:01
In the cost of shares sold how do got 70000?
latest answer
Tq u sir
Sandhya K
CA Inter
★ 5
4
818
Suspense account
Accountancy
answered on 19-Apr-21 10:56
If it is not mentioned in ques to solve using suspense account., we should not solve using suspense account right ????
latest answer
I the question is silent as to whether a suspense a/c has been opened, the students should make their assumption and state it clearly
Reetikaa R
CA Final
★ 7K+
1
619
Why should prepare GSTB acc in below sum
Accountancy
answered on 19-Apr-21 11:57
What is the need for preparing goods sent to branch account in this below.attached sum
latest answer
Ok sir. Thankyou
HariPriya C
CA Final
★ 3K+
2
814