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Depreciation of Plant and Machinery where to take TRADING A/C or PROFIT & LOSS a/c
Accountancy
answered on 16-Jun-23 09:11
Sir, Please guide me Depreciation of PLANT and MACHINERY where to debit , TRADING A/ C or PROFIT AND LOSS A/C ?
latest answer
You can take it to trading as well.
Thankachan Jimmy
CMA Inter
★ 0
7
2K+
Opening Entry for CLOING STOCK
Accountancy
answered on 16-Jun-23 09:08
Sir, In the previous year balance sheet STOCK is shown as "CLOSING STOCK" , but when we do the opening entry in the current year , how to show the name in the opening entry , should it be shown as " CLOSING STCK A/C DR" or " OPENING STOCK A/C DR". Please guide me sir.
latest answer
Based on date.
Thankachan Jimmy
CMA Inter
★ 0
7
672
difficult or easy
Exams
answered on 15-Jun-23 16:05
will ca foundation june 2023 exams be tougher or easier??
latest answer
No one can and should predict this.
JAYA HANNAH
CA Foundation
★ 4K+
4
567
Partnership accounts
Accountancy
answered on 15-Jun-23 16:08
Why is loss by fire is added to the profits of the year here???
latest answer
These are one time items which are not recurring.
Monika T
CA Final
★ 7K+
2
492
exemption
Direct Taxation
answered on 16-Jun-23 09:39
a b c d e points here govt means Indian Govt or Foreign Govt ?
latest answer
the Government - Foreign Govt. Central /State - Indian
Sushmita Chowdhury
CA Inter
★ 2K+
1
446
exemption
Direct Taxation
answered on 16-Jun-23 14:04
pls explain me the joint account holder provision NRE context
latest answer
Interest income on NRE A/c is exempt. So if there are more than 1 account holder of any NRE A/c, they can individually claim the exemption provided they fulfil the conditions
Sushmita Chowdhury
CA Inter
★ 2K+
1
401
exemption
Direct Taxation
answered on 19-Jun-23 12:30
(i) whts the diff in a & b ? ii) a) it said about employee..how can an employee b without business/trade ?
latest answer
thank you
Sushmita Chowdhury
CA Inter
★ 2K+
2
435
Calculation of salary income
Direct Taxation
answered on 16-Jun-23 16:31
Plz provide working for how they arrive at 79000
latest answer
You should assume specified unless mentioned in question
Gokul Nath
CA Inter
★ 605
8
501
Derivatives
AFM
answered on 21-Jun-23 19:21
In this question they have taken the Rs 200. Usually we take the no.of lots right. Then why in this question we have taken Rs.?
latest answer
Ok Sir, Understood. Thank you.
Swathi Krishna
CA Final
★ 8K+
6
536
Distinguish
Exams
answered on 15-Jun-23 09:59
In exams whether questions like "distinguish between indemnity & guarantee" is asked?
latest answer
Generally, case study based questions are asked in the exams. But, don't ignore these questions also. Have a basic idea. Just remember atleast 3-4 points.
CYNOPHILE S
CA Inter
★ 925
3
457