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DECOMMISSIONING COST
Accountancy
answered on 08-May-26 10:13
How to distinguish whether to treat the decommissioning cost as per as 2 or as 10? Im not able to understand this passage completely!
latest answer
Ok sir thanks a lot
Geeta B
CA Inter
★ 8K+
4
129
Sir i think to do accounting standard in the last sir can I first i complete all chapters
Accountancy
answered on 05-May-26 11:38
Then all accounting standard or i first complete all accounting standard then all chapter I feel some time diffult concept its give u stress some time in mid small small diffult concept come [Video Time Stamp: 01:49]
latest answer
Please go in sequence. If some topics are difficult, please note them down and revise them after few days. Make a list of difficult questions separately
Roshan G
CA Final
★ 360
1
73
Depreciating
Accountancy
answered on 04-May-26 10:15
Why didn't we deduct depreciation of ₹470 from equipment in the current year balance sheet
latest answer
We didn't deduct depriciation because the closing balance is after the depreciation is deducted.
Hima
CA Foundation
★ 40
1
67
Depreciation for replaced components follows it's individual useful life or remaining useful life of existing machinery?
Accountancy
answered on 08-May-26 10:17
If, The new turbine which costs 450 has a useful life of 10 years. But the remainder components has Remaining life of 4 years. Whether we need to depreciate the new turbine cost for 10yrs or 4yrs? As per depreciation on addition/extension to existing PPE, we check if the addition/extension can be used independently or not, and has seperate identity.? And compute the depreciate accordingly. Should I apply this criteria for the new turbine? [Video Time Stamp: 08:36]
latest answer
Ok sir thank you
Geeta B
CA Inter
★ 8K+
2
84
AS
Accountancy
answered on 30-Apr-26 09:50
what accouting policies company must follow is that upto the company or it iis governed by law? [Video Time Stamp: 06:10]
latest answer
Accounting policies are not fully up to the company they must comply with laws and standards like Companies Act 2013 and Indian Accounting Standards (Ind AS). Within that framework, management has limited discretion to choose policies (e.g., depreciation method), but they must be consistent, reasonable, and properly disclosed.
vidya Shah
CA Inter
★ 0
1
83
provision and contingent liability
Accountancy
answered on 04-May-26 11:37
difference between provision and liabilities. can u also give one exp of Cat 1 and 2 contingent liabilities [Video Time Stamp: 05:51]
latest answer
Also if the probability of obligation/payment is >50% - we record it in the books as a provision. If amount cannot be measured, it is a contingent liability. If probability is upto 50%, its a contingent liability.
vidya Shah
CA Inter
★ 0
2
78
capital vs revenue expenditute
Accountancy
answered on 30-Apr-26 09:55
in the exqmple given - legal fees incurred will it not be treated as a loss? [Video Time Stamp: 06:41]
latest answer
It is not a loss. It will shown as revenue expendiature in the P&L A/c
vidya Shah
CA Inter
★ 0
1
95
Journal entry
Accountancy
answered on 30-Apr-26 09:57
If we give employee site expenses Mr A a/c dr To Bank a/c When he spend the money at site due entry Project expense dr To Mr A a/c But what if he took salary from advance what will be the entry?
latest answer
Salary in advance Salary Expense A/c Dr To Mr A A/c
Snehashis Mohanty
CA Inter
★ 35
1
88
Accountancy
Accountancy
answered on 06-May-26 08:07
How come in the balance sheet, the no.of equity and preference share capital balances came as 180000 equity share(84000 equity.sh issued for other than cash) Preference share as 60000. Please explain this, sir. [Video Time Stamp: 14:49]
latest answer
Thanks sir
Uma j
CA Inter
★ 2K+
2
109
Sir i 2 books physical recived
Accountancy
answered on 22-Apr-26 11:20
I marking in pdf compliler sir Or sir i order complier also sir
latest answer
You can refer to compiler after completed classes during revision.
Roshan G
CA Final
★ 360
8
166