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Accountancy

answered on 02-Oct-20 17:10

Should we deduct the quantity and the amount of the abnormal loss in the valuation of the closing stock?

latest answer

Thank you sir

AKSHITA SITA PRAVA

AKSHITA SITA PRAVA

CA Final

590

4

570

Inventory

Accountancy

answered on 02-Oct-20 17:09

I don't understand how much amount should we take in iv and v points. Please explain

latest answer

thank you sir

AKSHITA SITA PRAVA

AKSHITA SITA PRAVA

CA Final

590

3

656

Financial statements

Accountancy

answered on 03-Oct-20 10:26

Sir..why do we take for continuous business profit before tax for discontinued business profit after tax for profit for the period in financial statements...

latest answer

You have a line item called Tax Expense.

Subha N

Subha N

CA Inter

4K+

5

550

Buy back of shares

Accountancy

answered on 02-Oct-20 23:41

In illustration 1 of the institute's textbook, why is CRR entry passed? We don't actually require CRR right. Even sir mentioned in it in the lecture. Then why is it given in the tb ?

latest answer

Thanks, sir

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

601

If any thing is not given in question of trial balance from what method should we prepare 1.total method 2.balance method 3.total and balance method

Accountancy

answered on 02-Oct-20 16:16

Pls tell me

latest answer

Balanced method

Nilesh Malviya

Nilesh Malviya

CA Inter

655

3

725

Advanced Accounting

Accountancy

answered on 01-Oct-20 12:35

Redemption of debentures for old syllabus which individual module shall be refer can we take ca inter new for this Is it the same or not All problems in sm are discussed there or not Plz replyð???ð???ð???ð???

latest answer

You can purchase now.

Prasanthi Bura

Prasanthi Bura

CA Inter

0

5

725

Inventory

Accountancy

answered on 01-Oct-20 08:53

This sum both combination of 1 and 2 is said using lifo method in the videos I did that using fifo method See if there is any wrong

latest answer

Regret we cannot do such kind of checks. Please let us know if you are facing a problem and we shall get back

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

1

571

Inventory

Accountancy

answered on 01-Oct-20 14:08

In this I think fifo and lifo amounts are given wrong

latest answer

By mistake I posted this doubt

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

9

577

AS 7 Query

Accountancy

answered on 30-Sep-20 06:41

Please see the attached question. As per the standard, one of the condition is that variation should be approved by the customer. In the question it is given that the variation in year 2 has been approved by the customer and accordingly the revenue has been increased in year 2. But nothing has been mentioned for year 3, then why year 3 variation has been considered as revenue?

latest answer

Year 3 variation is not added.

Deepak Gupta

Deepak Gupta

CA Inter

1K+

1

641

Diluted EPS

Accountancy

answered on 30-Sep-20 08:15

In this question, it is given that potential shares will rank for dividend from 2020. So, why will it dilute EPS in 2017-18?

latest answer

Okay sir. Thank you

Raviteja Kusumanchi

Raviteja Kusumanchi

Qualified CA

42K+

4

692