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BRS
Accountancy
answered on 10-Jan-21 06:15
Sir how can we logically differentiate errors and timing difference
latest answer
Errors are incorrect postings. Timing difference occurs when transactions are posted in different periods.
nisam M
CA Final
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1
648
BRS
Accountancy
answered on 11-Jan-21 10:15
sir how do we distinguish whrther adjustments in the question is rectification in cash book or not . Iam getting confuse , please a logical way to understand it
latest answer
It would be mentioned in the question. Either to rectify the cash book or to find updated balance in cashbook
nisam M
CA Final
★ 23K+
1
658
In bill of exchange
Accountancy
answered on 11-Jan-21 10:36
In this question how do we calculate suresh share of discount on the 2nd bill and sir explain the logic
latest answer
Thanks bro ð???ð???ð???ð???
nisam M
CA Final
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2
618
Departmental accounts
Accountancy
answered on 10-Jan-21 14:57
In this chapter, illustration 2,3,5 of icai material s not covered in ur videos ...sry to say this, I regret buying that chapter a bit
latest answer
Really appreciate your humility. thank you
Reetikaa R
CA Final
★ 7K+
10
680
Departmental accounts
Accountancy
answered on 09-Jan-21 19:26
Why PF ,EIS DIVIDED IN WAGE COSTS RATIO IN EACH DEPARTMENT?
latest answer
Because PF & ESI are part of salary / linked to salary
Reetikaa R
CA Final
★ 7K+
1
572
Sequence of videos
Accountancy
answered on 09-Jan-21 08:58
Sir, what is the sequence in which I should be studying chapters for CA Inter?
latest answer
For respective subjects In the order in which we have given them in our videos. For which subject to start first. Watch 1st chapter of all subjects and then Choose 1 theory and one practical subject and start off
Aman Mahajan
CA Final
★ 19K+
1
529
Replacement cost basis
Accountancy
answered on 11-Jan-21 10:43
If finished goods are sold below cost, Raw material should be valued at replacement cost basis. What is the logic behind it?
latest answer
Generally a company does not sell raw materials. So as an alternative replacement cost is used. Which is the best available evidence of realisable value. (Assuming that the company could sell the asset at the price it would currently pay to buy)
Aman Mahajan
CA Final
★ 19K+
3
567
Replacement cost basis
Accountancy
answered on 09-Jan-21 18:39
How are liabilities valued at replacement cost. give examples
latest answer
Liabilities are valued at settlement value.
Aman Mahajan
CA Final
★ 19K+
1
517
Matching concept
Accountancy
answered on 08-Jan-21 12:12
How are bad debts an exception to the Matching concept?
latest answer
There is only expense/reduction in value of an asset. Income would have been recognised earlier.
Aman Mahajan
CA Final
★ 19K+
1
522
Insurance Claims
Accountancy
answered on 08-Jan-21 10:34
if trend percentage not given in the insurance claims sum, then what should do and how to calculate trend percentage?
latest answer
Generally it would be given. Or by looking at sales for different years given in question, we can compute. If you have a specific question, let us know, we will help you out.
Parthiban S
CA Inter
★ 430
1
593