Forums
Expenditure
Accountancy
answered on 09-Mar-21 12:21
Legal fees incurred for defending the case against us is loss right ,just like fine .it gives no benefit .how come it s revenue exp??
latest answer
Thank u
Reetikaa R
CA Final
★ 7K+
10
569
Average due date
Accountancy
answered on 08-Mar-21 18:02
The due of the first bill receivable is 4-08-2020. So I took that date as my base date. But when I saw the answer, the average due date is 02-08-2020. According to the formula :- Average due date = Base date + difference in product/difference in amount. How Base date is reduced?
latest answer
Tnx a lot for your kind of help bro. Can you please send hi to my mail jeevansaimeda@gmail.com
Meda Jeevansai
CA Final
★ 21K+
9
570
Liquidation
Accountancy
answered on 09-Mar-21 10:31
Sir in liquidator remuneration amount realised on asset which is secured by laiblity does he gets remuneration on total asset realised or only for surplus amount after paying such secured liability ??
latest answer
If that asset is realised by liquidator (and not by receiver) and nothing else is mentioned in the question, he may be given remuneration on the amount that asset realised. Please give a note to the same effect.
Enuguru Sai Nithin
CA Final
★ 78K+
3
511
Ch 1
Accountancy
answered on 10-Mar-21 14:38
Accountant s role in an industry is to work with the departments and improve its efficiency. Am I right??
latest answer
Mostly. It can't be generalized however. As you progress further in your course / studies, you will discover better.
Reetikaa R
CA Final
★ 7K+
3
546
Account
Accountancy
answered on 07-Mar-21 23:40
Purchases account is real or nominal ...in module it is written as real nd somewhere nominal and purchase return also
latest answer
Thank you so much...
Amisha Mahajan
CA Foundation
★ 2K+
6
675
Account
Accountancy
answered on 07-Mar-21 18:05
Bank is which type of account plz explain
latest answer
Personal Account
Amisha Mahajan
CA Foundation
★ 2K+
1
508
Concepts
Accountancy
answered on 07-Mar-21 17:43
Are concepts n principles the same ??
latest answer
https://resource.cdn.icai.org/61787bos50279-cp1-u2.pdf Page 1.24 Section 2.4 Last para
Reetikaa R
CA Final
★ 7K+
1
690
Hire purchase and installment sale
Accountancy
answered on 07-Mar-21 07:52
Illustration 9 = sir I have doubt in the table of provision for depreciation of tractor account, sir they transfer immediate preceding year and current year depreciation amount is transferred in disposal of tractor account ,why sir ? ,tell me the reason for the transfer to disposal of tractor account
latest answer
So that book value of tractor is arrived at ( Acq cost - depreciation is book value right) and profit/loss can be computed after subtracting book value from the amount realized
Subash Chandrabose
CA Final
★ 32K+
1
610
Redemption of pref shares
Accountancy
answered on 07-Mar-21 15:30
How did â?¹31250 come for calculating CRR ? in Illustration 5
latest answer
thank you sir
Kumar Sarthak
CMA Final
★ 12K+
2
572
Social cost
Accountancy
answered on 08-Mar-21 12:32
How is social cost measured in accounting
latest answer
Reporting as per companies act and filing the financial statements with ROC / income tax department
Reetikaa R
CA Final
★ 7K+
8
516