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Refund of government grants related to revenue
Accountancy
answered on 13-Oct-23 10:58
Explain the highlighted context in detailed
latest answer
As and when you start explaining with a practical example The concept enters into my mind directly and clearly
SAI AKASH GORU
CA Final
★ 750
6
410
Govt. Grants
Accountancy
answered on 11-Oct-23 09:46
Explain me the Highlighted context in detailed In layman terms 🥹
latest answer
Say grant is recevied in relation to land. and also requires meeting some condition like maintaining the land which requires expenses to be incurred. Such grant is credited to P&L in proportion of expenses.
SAI AKASH GORU
CA Final
★ 750
1
319
Govt. Grants
Accountancy
answered on 11-Oct-23 10:04
Explain me the word " nominal value " in the highlighted context. My question:- is nominal value means 'nil' Or something else
latest answer
Okay then.... Just for knowing purpose to intended users of financial statements Recorded at nominal value ₹1 Thank you sir I've uploaded some other DOUBTS , kindly see those attachments
SAI AKASH GORU
CA Final
★ 750
6
431
Valuation under customs
Indirect Taxation
answered on 12-Oct-23 15:39
Hello Sir, Does FOB value includes commission or excludes it? Because in few sums ICAI has included it and calculated freight but in few sums they have excluded it? Example: Illustration 13 and 14 of ICAI material.
latest answer
Any commission or brokerage is included except buying commission.
Suresh Avinash
CA Final
★ 3K+
2
433
requirement to write section or is it ok to just mention provision
Corporate & Other Laws
answered on 12-Oct-23 11:36
ca we just write provision in ca inter law paper or is it necessary to write section number and name
latest answer
Confident enough mention else don't
Angry Toshniwal
CA Final
★ 505
3
429
Ca inter grp 1 accounting complier not able download
Accountancy
answered on 12-Oct-23 11:45
Ca inter grp 1 accounting complier not able download
latest answer
Thank you got it
KOWTICA VIKAS
CA Inter
★ 85
2
492
RETURN
Indirect Taxation
answered on 18-Oct-23 07:42
QMRP SCHEME- OPT Out? (Time frame for opt out)
latest answer
Thanks you sir...
Santhoshini N
CA Inter
★ 0
5
394
ACCA EXEMPTIONS
Others
answered on 12-Oct-23 14:02
sir, I have completed my ca inter both groups and I articleship. I have completed B.COM from IGNOU University which has MOU with ICAI. Now if I write 4 papers in ACCA which are supposed to be written even after ca final...and subsequently I pass ca final in next year...then will get ACCA degree automatically.
latest answer
Now you can focus on CA final & latter write 4 papers of ACCA
Star Ca
CA Inter
★ 3K+
2
442
Cost accounting system illus 1 Pg no 7.10
Costing
answered on 15-Oct-23 16:00
why during sales returned at cost is reversed on Finished goods control A/c can't understand pls explain sales returned at cost 5380 entry: FG control A/c Dr. 5380 To cost of sales A/c 5380 (EXPLAIN WHY)
latest answer
When sales are made cost of goods is transferred from finished goods control to cost of sales.. So when there is sales return we pass reverse entry
Vignesh .Y
CA Final
★ 440
1
403
Partnership accounts
Accountancy
answered on 13-Oct-23 10:52
How did 40500 come please explain me
latest answer
from partner's balance Capital 60000 Reserves +50000*3/10 Revaluation loss-30000/10*3 Goodwill +50000/10*3 Total 81000 paid 50%.- 40500
Divinne Fiona
CA Inter
★ 9K+
1
416