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Meaning and scope

Accountancy

answered on 13-Jul-20 14:13

Which is correct option

latest answer

Summarising and interpreting recording data comes under accounitng and not book keeping

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

3

564

Meaning and scope

Accountancy

answered on 09-Jul-20 08:46

What is the meaning of "ACCOUNTING DATA IS MORE USEFUL IF IT STRESSES ECONOMIC SUBSTANCE RATHER THAN TECHNICAL FORM

latest answer

Thank you sir

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

2

560

Accounting for loss for profit insurance

Accountancy

answered on 11-Jul-20 23:59

Sir while calculating the GROSS profit for the purpose of finding the % of GP WE take the net profit, what is this net profit ?

latest answer

Net profit is the profit after eliminating the expenses

aman kawad

aman kawad

CA Inter

7K+

3

578

Course extension

Accountancy

answered on 07-Jul-20 17:29

Up to when course will be extended if opted for AUg20

latest answer

Yes

Kondamuri Sai Sindhoori

Kondamuri Sai Sindhoori

CA Inter

3K+

5

584

Extension for one month

Accountancy

answered on 04-Jul-20 14:00

Give us one month extension as it was given for july attempt.

latest answer

You can extend upto August and the course will be valid till August 15th

om prakash

om prakash

CA Inter

110

1

564

About course extension

Accountancy

answered on 04-Jul-20 14:01

I purchased Advanced account inter old syllabus Full course.But now I only want to extend AS course. Is it possible

latest answer

Regret such part course extensions are not possible. You can buy AS for one month as part of individual module

Kondamuri Sai Sindhoori

Kondamuri Sai Sindhoori

CA Inter

3K+

1

559

Partnership

Accountancy

answered on 03-Jul-20 19:50

How do you calculate the proportionate capital of B?

latest answer

It is correct

Pooja .

Pooja .

CA Final

210

2

532

Vedio classes

Accountancy

answered on 04-Jul-20 16:27

Whether I can watch the downloaded classes even after the expiry of the limit ???

latest answer

No you can only watch it till the last date of expiry

SAI RUPA

SAI RUPA

CA Inter

0

2

653

How to extend course

Accountancy

answered on 02-Jul-20 22:26

How to extend course . There is no course extension tab in mycourse section. Please help sir.

latest answer

Update the app and restart your phone. It should be visible. If not please send an email to support@indigolearn.com and we shall manually extend the course

Sampathkumar sriramulu

Sampathkumar sriramulu

CA Inter

0

1

728

Goodwill

Accountancy

answered on 05-Jul-20 06:59

In calculation of Goodwill we use G.W=average profitÃ?no.of yrs of purchase Why we are calling no. of yrs as no. of yrs of purchase

latest answer

Because valuation is happening at the time of some kind of restructuring - new partner coming or old retiring etc. At that time embedded value of GW is calculated and the capital contribution / ratios etc are decided. When a new partner is coming in they are ascribing a value to it and they are purchasing a stake in the partnership by contributing capital. Such purchase price ( which includes value of goodwill) is arrived based on profits / super normal profits etc. hence the phrase no. of years of purchase of average profits

Gowshika LT

Gowshika LT

CA Final

40K+

1

602