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The Indian Contract Act,1872

Corporate & Other Laws

answered on 07-Jun-23 14:40

Anyone Explain these Two in Layman terms: 1) Mistake of Law 2)Mistake of Fact.

latest answer

Ok..Thank You Brother!!

Sr the Unique

Sr the Unique

CA Inter

10

2

425

BCK

Economics

answered on 07-Jun-23 09:19

Who is the present chairman of HDFC Bank?

latest answer

Deepak Parekh - Chairman of the Board - HDFC Limited HDFC Limited and HDFC bank are different entities. They would be merged.

Monika T

Monika T

CA Final

7K+

5

840

course details about cima

Others

answered on 06-Jun-23 07:39

can anyone help me with this, Is any detailed explanation of the process, or any document available for a better understanding

latest answer

CMA US vs CIMA UK https://www.indigolearn.com/exam/US-CMA-A-Course-guide https://myfuture.cimaglobal.com/starting-a-career-in-management-accounting/?_ga=2.224654239.485501581.1678901377-1550931285.1660580970

mani charan

mani charan

CA Final

3K+

2

544

GROSS PROFIT A/C

Accountancy

answered on 14-Jun-23 17:15

Sir, In your video lecture of final accounts of profit organizations, the balancing figure that we arrived in trading a/c you mentioned as GROSS PROFIT c/d. But in the Journal entry you put it as TRADING A/C Dr To GROSS PROFIT A/C, IF the journal entry is like this , why do we mention " TO GROSS PROFIT c/d "in the trading a/c. It should have been "GROSS PROFIT A/C" . In the same way, in the profit and loss a/c it is shown us " BY GROSS PROFIT b/d" , but in the journal entry sir says that GROSS PROFIT A/C DR. TO PROFIT AND LOSS A/C. If the journal entry is like above , then in the Profit and Loss a/c, it should have been shown us " GROOS PROFIT A/C" but we show it as" GROSS PROFIT c/d". Could you please explain the reason for this difference sir. "GROSS PROFIT A/C

latest answer

1)Trading A/c 2)Profit and loss account 3) Balance Sheet Trading account A/C dr To Gross profit.

Thankachan Jimmy

Thankachan Jimmy

CMA Inter

0

5

1K+

Exempted income

Direct Taxation

answered on 06-Jun-23 06:38

Why income from sale of sugar,tea,coffee,rubber are apportioned as business and agricultural income? What is the logic behind it?

latest answer

👍✅

N.Gokulnath

N.Gokulnath

CA Inter

850

4

511

Tally

Others

answered on 16-Jun-23 09:13

Why shor cut keys are not working

latest answer

Certificate is provided by tally authorised partners. if you want certification, send an email to support@indigolearn.com, we will share the contact details.

P.udaykumar Pasupulati

P.udaykumar Pasupulati

CA Final

2K+

5

472

Tally

Others

answered on 06-Jun-23 00:39

Why short keys are not working

latest answer

We must use control or alt

P.udaykumar Pasupulati

P.udaykumar Pasupulati

CA Final

2K+

2

381

Accounting standards

Accountancy

answered on 06-Jun-23 00:39

Who give , who ammends accounting standards? Central government or icai or other??

latest answer

Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India

Sri ram Pothineni

Sri ram Pothineni

CA Inter

11K+

2

470

AS-9

Accountancy

answered on 07-Jun-23 09:07

If a company sales goods on credit and have uncertainty then it is not recognised as revenue and meanwhile the year ends so is there any accounting treatment for this situation

latest answer

Inventory is transferred. So automatically the Cost of goods sold would be higher. No revenue is recognised. So loss would get booked automatically.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

7

586

Maintenance of branch offices in professional ethics

Auditing

answered on 05-Jun-23 10:10

Whether the in charge of a separate branch office should be a member of the institute or he can be any person ??

latest answer

yes he has to be member of Institute. ( Compulsory a CA only can be made in charge of the branch office)

SAI CHANDANA KONKA

SAI CHANDANA KONKA

CA Final

6K+

3

521