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Stock in trade

Accountancy

answered on 05-Jun-23 08:24

Can cash be considered as stock in trade in banks?

latest answer

Stock in trade is something which you would trade (buy or sell). Cash is not stock in trade.

Sowmiga Chandrasekaran

Sowmiga Chandrasekaran

CA Inter

7K+

3

536

hire purchase

Accountancy

answered on 04-Jun-23 20:34

What will be the journal entry the hire vendor pass while making an agreement of hire purchase ?

latest answer

Hire Purchaser A/c Dr. To Hire Sales A/c (Being an asset sold on hire purchase) Bank A/c Dr. To Hire purchaser A/c (Being down payment received)

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

3

695

Poisson distribution

Maths & Stats

answered on 05-Jun-23 05:56

Computation of e

latest answer

Thank u

Vamshi Kumar

Vamshi Kumar

CA Final

1K+

4

457

Clubbing of income

Direct Taxation

answered on 05-Jun-23 08:25

Under what head we will show the income clubbed

latest answer

Same head under which computed.

gomadam shreenidhi

gomadam shreenidhi

CA Inter

0

3

483

Consignment

Accountancy

answered on 04-Jun-23 18:34

In calculating stock reserve on closing stock (total goods×difference between invoice price) is given in book but in the sum which I attached is calculated in different manner.

latest answer

Ok sir

Lathika

Lathika

CA Inter

6K+

3

559

Consignment stock valuation

Accountancy

answered on 05-Jun-23 08:27

Can anyone tell why normal loss value is not deducted from the stock only quantity is. This is from April mtp

latest answer

Go through this video.

Sai Prasanth

Sai Prasanth

CA Foundation

14K+

3

530

Market failure

Economics

answered on 04-Jun-23 19:59

How public parks , public roads is rivalrous ??

latest answer

Ok, sorry. I got confused. I just now referred the book. Yes, public parks and public roads are rival in nature because when they are being used by one set of people, they are not available to others.

Reetikaa R

Reetikaa R

CA Final

7K+

3

508

Income deemed to be received in India

Direct Taxation

answered on 06-Jun-23 16:54

In sec (7 ) Int on fund includes both employer PF contribution and employees PF contribution fund or only employers contribution fund .

latest answer

Kk sir

Vinodha Alagesan

Vinodha Alagesan

CA Inter

2K+

9

564

Exemptions

Indirect Taxation

answered on 04-Jun-23 13:34

Is fastag is necessary in 4 wheelers or 4+wheelers also? I seen some government buses move through cash lane ?and some through fastag lane ? What it says it means they dont have fastag travel through cash lane ?

latest answer

And fastag is necessary for all 4and 4plus wheelers

Sri ram Pothineni

Sri ram Pothineni

CA Inter

11K+

2

628

CSR

Corporate & Other Laws

answered on 04-Jun-23 23:23

Is swatcha bharath covered under csr ?

latest answer

Yes

Sri ram Pothineni

Sri ram Pothineni

CA Inter

11K+

4

477