As 16

answered on 19-Mar-24 15:42

Illustration 6 the answer and method in book is different which one to follow?

latest answer

1Fin book or ICAI Book?

19UCBI006 AYSHA RISALA J

CA Inter

★ 0

1

151

Accounts from incomplete records.

answered on 25-Mar-24 17:48

Hello sir!I am Sangeetha .C .sir I didn't Indentify Book back sums from your lectures sir.There are so many differents between your lectures and book back sums .sums are totally different .so I kindly request to send the lectures of my Book back sums .

latest answer

You can practice them on your own and if you have any doubt you can ask here.

sangeetha mohan

CA Foundation

★ 3K+

1

33

Trading A/C

answered on 31-Mar-24 11:15

If adjusted purchase is given the no need to write closing balance in Trading A/C right??

latest answer

Yes

Vijaya Lakshmi Pojula

CA Foundation

★ 2K+

4

183

Profit sharing ratio

answered on 31-Mar-24 11:19

According to the video can we take 1:1:1 every time if new or old PSR is not given

latest answer

Yes it's possible

Arjun

CA Inter

★ 8K+

3

192

Doubt regarding refund of tax adjustment

answered on 13-Mar-24 13:48

Please explain the treatment regarding refund of tax. Im getting answer as 42600 , when i added 1000 rupees refund of tax

latest answer

Pls share your working.

Parvathy Ajith

CA Inter

★ 0

1

201

Relating to cash outflow

answered on 11-Mar-24 17:03

Is dividend distribution tax treated as cash outflow?

latest answer

Yes

sitaram kollepara

CA Inter

★ 2K+

1

34

Cash flow statements

answered on 11-Mar-24 15:12

Provision for tax and advance tax concepts are little bit confusing.

latest answer

Follow the combined ledger method

sitaram kollepara

CA Inter

★ 2K+

1

47

Query in sale of land

answered on 11-Mar-24 12:31

Sir, it's actually on 1/4/01 amount of 480000 mentioned in question but u have mentioned as 440000 where is difference coming around 120000 but u have mentioned in book as 160000 Whether any other adjustments I have to be noted

latest answer

We made changes regarding that and uploaded in free resources

nive krish

CA Inter

★ 255

1

200

AS 26

answered on 10-Mar-24 15:59

->Sir as per an amendment for tax subject, goodwill is no longer an intangible asset ->what is its treatment in accounting? .will it be under intangible asset only? ->only for tax subject we hv to treat it as not intangible asset?

latest answer

Thank you sir

Nithya sree G

CA Inter

★ 0

2

69

PLEASE HELP ME SOLVE THIS QUESTION

answered on 09-Mar-24 20:53

The Net profit before tax of Mitra Ltd was Rs 100 lakhs and the Income Tax rate was 37%. The company’s preference share capital has the following classes12% Non Cumulative preference share capital 10% Cumulative preference share capital In its accounts, Mitra Ltd. has declared/ paid following dividends on preference capital: On No cumulative preference shares- fully declared for the current year. On cumulative preference shares- for the past three years. Assume dividend distribution tax at 17% and that the company transferred Ra 5 lakhs to general reserve. You are required to calculate the net profit for the period, attributable to equity shareholders.

latest answer

Which video are you referring to?

Angry Toshniwal

CA Final

★ 505

3

434