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Notes
Accountancy
answered on 11-Jul-20 10:26
I have received an email regarding notes . I have enrolled for group2 accounting standards ,in the mail I was siad that notes has been added to course and the notes can be downloaded from the resources section in the course . I am not able to find the notes in my courses section... Is it any additional note or the provided in the free resources tab?
latest answer
All notes are available on the app in free resources section. There are no additional notes
lakshmi kollipara
CA Inter
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1
755
Meaning and scope
Accountancy
answered on 10-Jul-20 11:50
Sir in the 1st video of capital expenditure there is an example of bike modification around 3:40 sec. I feel this a revenue expenditure for wjich sir said it is a capital expenditure
latest answer
Sorry mam. It is 1st video in capital and revenue expenditure
Prasanth Kumar
CA Inter
★ 13K+
2
671
As-4
Accountancy
answered on 09-Jul-20 19:19
Sir!here there is already a provision created@5% on debtors balance and after balance sheet date a debtor of 2L suffered a loss and amount is not recoverable from him. It is an adjusting event and necessary adjustment shall be made in theFS. It is given that 2L shall be provided in addition to 5%.. But if such 5% provision covers such 2L amount is there any neccissulity of creating additional provision? Once plz see the attachment provided sir!
latest answer
This adjustment made is on account of loss on a single trade receivable (debtor) whereas, the provision of 5% was made on all the accounts receivable of the company put together. So additional provision is required.
lakshmi kollipara
CA Inter
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1
710
Meaning and scope
Accountancy
answered on 09-Jul-20 13:19
Where is this cocept covered
latest answer
These are various terminologies which would be covered in different chapters. It is not logical to learn just the term without understanding the background and logic. You can refer to the glossary after completing the subject.
Prasanth Kumar
CA Inter
★ 13K+
1
747
Meaning and scope
Accountancy
answered on 09-Jul-20 10:33
Diff between stakeholders and shareholders
latest answer
Shareholders are always stakeholders in a corporation, but stakeholders are not always shareholders. A shareholder owns part of a public company through shares of stock (eg: equity share holders and preference share holders), while a stakeholder has an interest in the performance of a company for reasons other than stock performance or appreciation (eg: lending banks, debenture holders, deposit holders).
Prasanth Kumar
CA Inter
★ 13K+
1
725
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
CA Inter
★ 13K+
3
755
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
CA Inter
★ 13K+
2
699
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
CA Inter
★ 7K+
3
720
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
CA Inter
★ 3K+
5
744
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
CA Inter
★ 110
1
725
