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Independent barnches
Accountancy
answered on 26-Sep-23 09:18
Goods sent to branch at 10% cost plus and sold goods at invoice price plus 25%. While calculating closing stock the stock will be calculate at whole shale price.hence, the cl st should be 84k*110/125 know why in this sol 100/125 considered?
latest answer
Tq
Ujwal Reddy
CA Inter
★ 7K+
2
318
Notes
Maths & Stats
answered on 26-Sep-23 12:23
Is anyone can share the maths and stats notes which are taken while watching the class.
latest answer
Shared from *1FIN by Indigolearn* Free Resources CA - Foundation https://1fin.page.link/JvgAfci2CNWeCjzS9
Ajitha Palaniyappan
CA Foundation
★ 0
2
516
Adjustment doubt in adv accounting
Accountancy
answered on 26-Sep-23 09:22
In solution explain the 3. Journal entry. Kindly elaborate it.
latest answer
First of all we write off 7% preference share so we debited 6,00,000 and issue 4 new 5% preference share 4 per 1 share of 10rs so 12000 share holder * 4*10 =4,80,000 credited and new equity share issued 12,000 preference share holder s *6 per share *2.5rs = 1,80,000 and remaining balance debited to capital reduction a/c
Revathy N
CA Final
★ 9K+
2
400
RTP MAY 22
Direct Taxation
answered on 26-Sep-23 18:15
I am having doubt why in case of dividend it is assumed as it is of 90% and not 100% and therefore in solution they have divided by 90% same with the interest on fixed deposit receive by akash
latest answer
Okay sir Thanks 🙏
Naina Bhojwani
CA Final
★ 5K+
6
464
RTP
Costing
answered on 26-Sep-23 09:19
Both questions are same type but while calculating maximum consumption they have taken 1.Annual consumption with adjustment of opening stock 2.Annual consumption without adjustment of opening stock.Why?
latest answer
Ok 👍
GOKULALAKSHMI PANNEER
CA Final
★ 2K+
8
513
Video 15 - Basic Concepts
Indirect Taxation
answered on 26-Sep-23 20:52
In Study material it's shown as Sec 16( i ) & 16( ii ) But in lectures it's taught as Sec 16 ( ii ) & 16 ( iii)
latest answer
Okay Sir…Thank you for clarifying
Soon to be CA
CA Inter
★ 4K+
6
395
Articleship
Others
answered on 26-Sep-23 15:52
How can we know that our auditor gave approval for the Articleship registration
latest answer
No you will receive a letter
Sruthi sruthi
CMA Inter
★ 640
3
344
Tds
Direct Taxation
answered on 26-Sep-23 17:39
I pay interest of 100000 to a company for certain purpose and they in return pay 10000 as interest for some other purpose.will the tds be deducted on net amount 90000 or to the whole 1lakh.if yes why?
latest answer
Both are different transactions and TDS will apply on every transaction if limits are crossed
Gayathri S Nambiar
CA Final
★ 2K+
3
409
AS 2 Valuation of inventories
Accountancy
answered on 26-Sep-23 13:26
I have a doubt in the illustrations in AS 2, valuation of inventories. The 14th illustration part b. The NRV is lesser than cost, but in solution its given otherwise
latest answer
So sales commission will be reduced to compute NRV
Jeffy Fredline
CA Inter
★ 60
9
333
Conversion from CA Inter to Direct Entry
Others
answered on 27-Sep-23 09:04
I applied for conversion today. I have completed my OC and ITT Course. It is told in portal that approval of conversion form may take upto 7 days. Only after that I can apply articleship form. Since I wish to join articleship in old scheme, I have to register in articleship on our before 30th September. Considering my current situation, help me. Is there any way to approach ICAI for getting approval of conversion form within 2-3 days. ? Can I register articleship before Sept.30th?
latest answer
Raise a query on ssp helpdesk. That might speed up the process.
James Paul
CA Inter
★ 60
3
395