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please explain

Accountancy

answered on 04-Sep-23 15:26

as per the rule of the schedule III a maturity of a long term loan is consider as a current liability but book material says something different please explain

latest answer

true i forgot that thank you

Angry Toshniwal

Angry Toshniwal

CA Final

505

4

635

please explain

Accountancy

answered on 07-Sep-23 07:08

as per the image number 3 trade payable do not involve bill payable as it is a statutory agreement but the book material is telling something else if you want reference : https://www.taxmann.com/post/blog/presentation-of-trade-payables-in-ind-as-financial-statements-a-brief/

latest answer

A payable shall be classified as a “trade payable” if it is in respect of the amount due on account of goods purchased or services received in the normal course of business.

Angry Toshniwal

Angry Toshniwal

CA Final

505

1

454

EOQ computation

Costing

answered on 05-Sep-23 10:08

In illustration 4 of material costing, Y carrying cost is calculated on the avrg of EOQ during total cost calculation,While carrying cost itself means cost of carrying average inventory

latest answer

Thank u

1 Minute Review

1 Minute Review

CA Inter

405

3

646

Banking Companies - CRR and SLR

Accountancy

answered on 04-Sep-23 23:50

What are CRR and SLR rates applicable for Nov 23 ca inter exams ??

latest answer

Thx

Varun Mulay

Varun Mulay

CA Final

39K+

4

632

Ca final registration

Others

answered on 06-Sep-23 12:16

Till when I can register for ca final course may 2024 attempt ?

latest answer

4 months before exams.

Pihu Jain

Pihu Jain

CA Inter

3K+

2

397

Redemption of preference share

Accountancy

answered on 04-Sep-23 13:48

Greetings, if the question is silent as to if securities premium can be used to provide for premium on redemption and there is sufficient amount in both General reserve and Securities premium. Should we give priority to Securities premium and use that to provide for premium instead of debiting P&L or general reserve as the former is a more restricted reserve. Kindly clarify. Thanks.

latest answer

Thanks a lot for the clarification Panneer.

Aswin Chandar

Aswin Chandar

CA Final

40K+

11

551

Need more questions to practice

Costing

answered on 05-Sep-23 00:12

Need more questions based on illustration 1 in material costing

latest answer

Try and Solve practice manual, rtp and previous year questions

1 Minute Review

1 Minute Review

CA Inter

405

2

428

Wrt Gst power-packed class

Indirect Taxation

answered on 04-Sep-23 11:55

I enrolled for the class..How do I get the zoom link?

latest answer

Zoom link will be emailed

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

504

Adding of missing chapters and units for may 2024 exams onwards

Others

answered on 04-Sep-23 11:04

Sir in law for ca foundation may 2024 exams when will be remaining chapters and units which are newly added in the syllabus will be added in the videos Like in Indian contract Act Chapter unit 7and unit 8 and chapter 8

latest answer

OK sir thank you sir

sai t

sai t

CA Foundation

2K+

2

495

Cost sheet

Costing

answered on 04-Sep-23 11:25

Kindly explain how is this to be solved

latest answer

Okk thankyou..

Samridhi Sareen

Samridhi Sareen

CA Inter

830

3

528