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Accountancy

answered on 25-Nov-23 04:46

On 20th December 2021 the debit balance of ₹8460 as on the previous day was brought forward as credit balance in the cash book How to account this in BRS Please state with reason

latest answer

Understood tq sir

Devi sri K

Devi sri K

CA Foundation

★ 7K+

4

681

Advance ITt and MCS

Others

answered on 26-Nov-23 21:58

Hi , I am a direct entry student, haven't completed my CA intermediate. But I am in my 3rd year of practical training, which is going to get completed by Feb 2024. Am I eligible to register and attend ADVANCED ITT and MCS COURSE, after my articleship i.e. Mar 2024.

latest answer

U can apply after completing 2.5 years articleship.

Revathy Murugesh Kumar

Revathy Murugesh Kumar

CA Inter

★ 5

2

604

Regarding New study material

Others

answered on 24-Nov-23 18:54

I converted from old to new scheme recently but I couldn’t avail coupons in icai cds for study materials

latest answer

For you kind information, my application approved with in one' day and in cds portal it's showing coupon available

Malaviga Manoj

Malaviga Manoj

CA Inter

★ 5

4

688

Co-ownership

Direct Taxation

answered on 28-Nov-23 08:36

In this question..it is given that Arun's unit is self occupied for only 6 months..but we calculated deduction for whole year as 30000 sir...but that is also let out...even though Arun didn't occupy the unit..we have considered it as self occupied..why sir?..

latest answer

Perfect 👍

shanthini hariharan

shanthini hariharan

CA Final

★ 10K+

4

513

Articleship

Others

answered on 25-Nov-23 11:31

Cleared g1 and exemption in audit and fm Eco in Nov 23...... So result will be fail... We need fill exam form for may 24 and claim exemptions to get passed. In this articleship will be allowed only after may 24 but not after Nov 23.. Is this true?

latest answer

Earlier ICAI had mentioned that you can convert and apply for articleship. I hope ICAI comes with official stand on this.

vamsi krishna

vamsi krishna

CA Inter

★ 43K+

1

485

Books

Others

answered on 24-Nov-23 10:35

Auditing and SM books are updated? Or wait for some times to buy. Because I already finished old syllabus classes.

latest answer

IndigoLearn Audit & SM books will be released by Nov 30th. If you buy from us now, we shall dispatch new books as and when we get the stock.

Gobi k

Gobi k

CA Inter

★ 12K+

1

527

Ind AS 16 - PPE

Financial Reporting

answered on 24-Nov-23 07:38

In initial recognition, Any expenses related to PPE for purposes other than to produce inventories are to be capitalized as per IND AS 16. If we incur expenses to modify the machinery as per our requirement to produce Inventories, this should be added with PPE or Inventories?

latest answer

If it increases FEB then add to PPE or expense

karthick raja

karthick raja

CA Final

★ 3K+

1

465

books

Corporate & Other Laws

answered on 24-Nov-23 11:44

Have old ca inter law books ,do i need purchase again under new syllabus or continue with added chapters ..tax and sm also

latest answer

If you already have your old weapons , you can just sharpen them and use new techniques .. change the grip of the weapon to carry it properly and use some lubricants to make them smooth functioning.. What's the point of exciting about new weapon when you don't know how to master with old weapons In war more than weapons it's a strategy to know your enemy and understanding their abilities and act accordingly

vamsi krishna

vamsi krishna

CA Inter

★ 43K+

6

536

Mock test

Others

answered on 05-Dec-23 16:14

How to apply for mock test in icai for upcoming ca foundation

latest answer

Yes Mocks will be uploaded by tomorrow for foundation students

Sowndharya R

Sowndharya R

CA Foundation

★ 700

4

547

Correlation and regression

Maths & Stats

answered on 03-Dec-23 16:26

Karl person's method of correlation is used for grouped or ungrouped data?

latest answer

Grouped Data

Divinne Fiona

Divinne Fiona

CA Inter

★ 9K+

4

693