Forums
Type of accounts
Accountancy
answered on 21-Sep-23 20:26
Can we say that everything appearing on liabilities side except 'profit/loss' can be considered as personal accounts? Also what are exceptions of assets which are not real accounts except debtors and loans given?
latest answer
Use modern rules to become easy
Devika Venu
CA Foundation
★ 5
3
540
Exemption
Exams
answered on 21-Aug-23 18:51
Hi I got exactly 60 marks in Accounts, Law in May 2023 exams Does this count as an exemption? Or more than 60 will be exempted?& Do I mention this in exam form while applying for November 2023 exam or not? & how to mention this , what are the contents to filed? kindly guide.
latest answer
Thank you sir
Pragathish M
CA Final
★ 46K+
6
637
CA inter Group 2
Others
answered on 29-Aug-23 10:05
Which subject is best for planning exemption in nov 2023??
latest answer
both.
DINESH KUMAR
CA Final
★ 115
3
472
Test your knowledge Q 8
Financial Reporting
answered on 06-Sep-23 12:05
What will be the position of deferred income if entity A recieved ₹ 10000 instead of ₹ 40000 in year 1
latest answer
Not receivable so we cannot create a receivable account. How much is receivable in Year 1? - 40,000 So Bank 40000 To Deferred Grant 40000 Deferred Grant To Income
Nihal K
CA Final
★ 440
3
457
Adv acc - esop
Accountancy
answered on 21-Aug-23 19:01
Why we should multiply three times in no of options?
latest answer
tnx
Ganesh U
CA Final
★ 6K+
2
543
Dividend rules
Accountancy
answered on 24-Aug-23 08:51
If current year there is a profit of rs.1lakh Company has opening P&l reserve of rs.20lakh Now company wants to declare dividend of rs.5lakh In this case we need follow the below 3 conditions or not. I think we need to follow because we are declaring dividend by using free reserves
latest answer
You need to satisfy conditions
Krishnan K
CA Inter
★ 5K+
4
547
doubt - standard costing
Costing
answered on 03-Sep-23 20:22
pls explain the calculation of 200 and 180 in standard quantity column
latest answer
Standard should be calculated for 182 kgs of actual output. In the solution shared they have taken standard for 180 kgs but in next step done 5200*182/180 .. Stick to the approach we follow in videos you will get the same answer
Sahil walia
CA Inter
★ 5
3
603
Overheads
Costing
answered on 22-Aug-23 14:22
The attachment is from suggested answer of april23 mtp, why is direct cost of production included in OH computation, only OH of service dept. From part of OH computation right?
latest answer
Got it , what?? Can you correct explanation?
Yamuna S
CA Inter
★ 15K+
33
1K+
Supply
Indirect Taxation
answered on 21-Aug-23 15:37
As per sec7(1)(b) if consideration is there then whether it is furtherance of business or not it will be treated as supply. In this que supply b/w aakash and saheb sales it would be treated as supply ryt even though it is not furtherance of business?
latest answer
First of all there is no question of 7(1)b in the above question..as it applies to only importation of service whether or not in the course /furtherance of business..if it doesn't fit in any of the sub provisions its not considered as supply
Ujwal Reddy
CA Inter
★ 7K+
4
467
Revised return
Direct Taxation
answered on 21-Aug-23 11:38
If we file orginal return and received refund can we file revised return by increasing income and what's the process of paying back refund received
latest answer
Under self assessment tax or else under different tax
Nivas Reddy
CA Final
★ 385
4
474