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AS 7 mcq
Accountancy
answered on 17-Feb-24 08:48
What are the answers to these circled questions in the image ?
latest answer
2.b 3.a
sradha krishna sunil
CA Final
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447
As26
Accountancy
answered on 17-Feb-24 09:24
Answer should be 3b, but answer is 3a How is software tangible
latest answer
Thank you..
Sushmita Chowdhury
CA Inter
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509
As26
Accountancy
answered on 17-Feb-24 02:36
I just need to confirm this Discounting factor = for calculating present value Annuity factor for calculating future value Is that’s the diff ? If no pls explain what’s the diff btwn 2
latest answer
I have resolved this query Thank you
Sushmita Chowdhury
CA Inter
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3
389
Rebate on bills discounted
Accountancy
answered on 16-Feb-24 21:57
Why in the second journal entry client account is credited? Can I put cash account instead of client??
latest answer
You should not credit/debit cash or bank account in Accounting for Banks
Devisree
CMA Final
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658
AS 2
Accountancy
answered on 16-Feb-24 18:47
Here in part b , NRV is lower than cost sir..here it is given as it is more..is this correct sir?.. Cost = 50000 NRV = 55000 - 5500 = 49500 Then we want to less 500 also sir ?..
latest answer
Thank you sir..
shanthini hariharan
CA Final
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415
As-2
Accountancy
answered on 14-Feb-24 17:12
In video no.13, in 8 illustration, sir is telling that as-16 was not there in ipcc group 1 syllabus. What is that?
latest answer
Ignore that.
sitaram kollepara
CA Inter
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296
Schedule III
Accountancy
answered on 22-Feb-24 20:31
Adjustment - How to treat bills receivables maturing on June of the current FY have been discounted. No entry in trial balance regarding bills receivables
latest answer
If I discount a bill with bank and the acceptor does not pay, I have to pay to the bank
HariPriya C
CA Final
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421
AS 2
Accountancy
answered on 14-Feb-24 09:40
Hello sir..in this sum I have a doubt how 10200 came..1100+10000-900.. opening raw material+ purchases - closing raw material, is it correct sir
latest answer
Production units is derived base on OS of RM, Purchases and CS of RM.
shanthini hariharan
CA Final
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3
493
As-19
Accountancy
answered on 13-Feb-24 20:46
Account receivable in the lessor book includes unguaranteed residual value. How this account will be zero as the amount of unguaranteed residual value is not recovered from lessee.
latest answer
OK. Thank you sir
sitaram kollepara
CA Inter
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2
431
Presentation of working notes
Accountancy
answered on 13-Feb-24 11:02
Sir, how do we present the working notes ? In some problems, it was presented in first step and another sum it was presented in after the some, so can you give the clarity of where to present the working notes in examinations ?
latest answer
You can write working notes before or after.
Jashvanth.K
CA Inter
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