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Query
Accountancy
answered on 17-Dec-20 18:17
If expense ratio ,on wat basis should it be calculated: sales ratio or equally ???
latest answer
If on expense ratio, it has to be done on the basis of ratio of expense.
Reetikaa R
CA Final
★ 7K+
5
527
Query
Accountancy
answered on 15-Dec-20 05:02
Is this covered in ur dept account videos ?? ToPIC :: INTER DEPARTMENTAL TRANFER AT MARKET PRICE ??
latest answer
Full chapter is covered.
Reetikaa R
CA Final
★ 7K+
1
563
Cash flow statement
Accountancy
answered on 15-Dec-20 05:02
Why is premium on redemption of preference shares added to net profit in some problems and not added in some problems
latest answer
Can you share the question.
Gvs Shekhar
ACCA Skill
★ 17K+
1
568
Query
Accountancy
answered on 15-Dec-20 05:03
In dept accounts ,,do we have stock reserve ONLY ON CLOSING STOCK ??? Y NOT ON OPENING STOCK ??
latest answer
we would have on both.
Reetikaa R
CA Final
★ 7K+
1
550
Inventory
Accountancy
answered on 14-Dec-20 17:14
Here We are deducting the consignment stock...what if the consignment sale is included in normal sale
latest answer
YOu need to exclude it from sales.
aishwariya P
CA Inter
★ 180
1
556
Capital or revenue expenditure
Accountancy
answered on 13-Dec-20 20:19
Travel expense of directors to purchase machinery is capital or revenue expenditure?
latest answer
Guess it's easy.... Capital bcoz purchasing assets
Srinivasa Gopalan
CA Final
★ 760
3
614
Query
Accountancy
answered on 15-Dec-20 05:05
We don't have journal entries in dept accounts in our syllabus or in real life itself ????
latest answer
When you visit a store, the person at counter scans a bar code and generates invoice. If the invoice system is linked to accounting system, the entry for sale and updation of inventory happens automatically.
Reetikaa R
CA Final
★ 7K+
3
545
Query
Accountancy
answered on 14-Dec-20 17:22
In departmental accounts,to find profit on closing stock ,2800 if gp ratio is 22.92%,can I fo this way ?? 2800 * 22.92 ÷ 122.92
latest answer
Then your approach is right.
Reetikaa R
CA Final
★ 7K+
3
614
Partnership accounts
Accountancy
answered on 12-Dec-20 22:40
Sir.... Why we should not charge interest on the drawings 40,000?
latest answer
Welcome It also helps me to recall the previous concepts
Girinath A
CA Inter
★ 765
12
634
Query
Accountancy
answered on 11-Dec-20 15:47
In dept accounts,,will electricity expenses not come in trading account ??if yes ,whyy
latest answer
Indirect.
Reetikaa R
CA Final
★ 7K+
3
536