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Carrying cost

Costing

answered on 14-Oct-23 11:33

Why carrying cost/storage cost is expressed as percentage on purchase price And why carrying cost does not change when there is any discount on purchase prise

latest answer

Carrying cost is also opportunity cost of Purchase price, thus, it is applying in the purchase price Carrying will change when there is discount on purchase price.

Mudavath Sravani

Mudavath Sravani

CA Inter

★ 1K+

6

508

EIS Compiler

Information Systems

answered on 11-Nov-23 16:44

Is EIS Compiler available on Indigolearn Free Resources ?

latest answer

Thank you so much Sir

Shwetha Ram

Shwetha Ram

CA Inter

★ 6K+

6

530

Doubt

Corporate & Other Laws

answered on 14-Oct-23 14:31

How can we understand they have continued to function for 6 months with reduced members ? How we should count the 6 months?

latest answer

The question mentions "no new member invested post 15th feb" which signals in the direction that company operated with 6 members only for indefinite period. In case of doubts or less details available in question, its adviced to state your assumption and accordingly answer. 6 months will be counted from the date when the number of members dropped below prescribed limit

sradha krishna sunil

sradha krishna sunil

CA Final

★ 5K+

1

511

cost accounting system illus 3

Costing

answered on 14-Oct-23 16:58

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

FG came back so Dr. Cost of sales reduced so credit.

Vignesh .Y

Vignesh .Y

CA Final

★ 440

2

570

Dividend - tax deductible payment/not?

Financial Management

answered on 13-Oct-23 16:30

In the tds chapter of income tax, dividend is tax deductible payment as per section 194. But in financial management, chapter 2: for equity dividend and preference dividend - not tax deductible payment given. Please clarify this controversy.

latest answer

Thanks for the clarification sir

Bhuvaneswari S

Bhuvaneswari S

CA Inter

★ 5K+

2

717

Books of accounts

Corporate & Other Laws

answered on 14-Oct-23 18:28

In general Financial statements or other documents ADOPTED AT AGM means ? Kindly refer to the attachment in order to understand my doubt more clearly

latest answer

Mam I've asked some other doubt and I haven't got any reply to that Could you please take it into your consideration

SAI AKASH GORU

SAI AKASH GORU

CA Final

★ 750

2

539

Marksheet not received

Others

answered on 13-Oct-23 14:41

Hello guys, I had cleared ca inter grp 1 in may attempt but till now I didn't received the physical copy of the marksheet... Can any one help me to get out of this situation...

latest answer

Thank you sir✨

Aswin Kumar

Aswin Kumar

CA Inter

★ 0

4

857

National Income

Economics

answered on 16-Oct-23 16:15

What is the difference between National Income accounting and Keynesian theory of determination of National Income?

latest answer

National income accounting is a system for measuring and quantifying economic activity, while the Keynesian theory of determination of national income is a macroeconomic framework that explains how changes in demand affect the level of national income and employment. They serve different purposes, with national income accounting providing data and the Keynesian theory offering insights into economic dynamics and policy implications.

sasidhar cheboyina

sasidhar cheboyina

CA Final

★ 100

2

487

Doubts regarding exemption

Exams

answered on 13-Oct-23 17:56

Sir , I got exemption in advanced accounting in my first attempt, if I get exemption in FM in NOV 2023 in my second attempt, what are the papers will I need to write in MAY 2024?

latest answer

To get exemption , we should appear for all papers in a group of particular attempt, since she have already got exemption in adv acc. she can't appear for it and ultimately no exemption

ARTHI VELLIANGIRI

ARTHI VELLIANGIRI

CA Inter

★ 2K+

5

584

RTP November 2023

Financial Reporting

answered on 13-Oct-23 10:16

Dear Sir, Thank you for the video lecture you have given. Question 14 Ind AS 111 joint operation after calculating gain of Entity A and Entity B what is the journal entry I have to pass. I am slightly confused here

latest answer

A - PPE Dr. 60 - This is share in new ppe Gain Cr 10 PPE Cr 50 this is derecognition of existing ppe.

swaminathan sundaram

swaminathan sundaram

CA Final

★ 110

1

442