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Sir is npa percentage change sir
Accountancy
answered on 25-May-23 19:15
Any idea advance account
latest answer
No, I think there is no change in NPA percentages.
R K
ACCA Skill
★ 9K+
1
471
National income
Economics
answered on 08-Jun-23 21:04
1. Is it a mistake in the text book of showing NDPmp instead of GDPmp? 2. Why they didn't consider consumption of fixed capital as depreciation for deriving national income under expenditure method??
latest answer
Thank you, sir.
Swetha Selvam
CA Final
★ 16K+
6
596
Debentures reserve
Accountancy
answered on 22-May-23 13:51
Q1)Is there no need to create DRR if it's convertible debentures or partly convertible debentures ? Q2) is it true that DRR @10% is created on OUTSTANDING DEBENTURES and DRRI @15% is created on DEBENTURES TO BE REDEEMED NEXT YEAR (For eg. Like deb issued is of 10L, out of which say 3L is already redeemed uptill now. Now outstanding is 7L, and say next year we will redeem 5L worth deb more So DRR=10% of 7L=70k And DRRI= 15% of 5L=75k?
latest answer
Only once.
Garima Bhargava
CA Inter
★ 185
2
543
Question regarding Bank Reconciliation Statement
Accountancy
answered on 22-May-23 15:21
How is a draft deposited into the bank, but not credited until 31st December be treated if the Bank Reconciliation statement is to be prepared as of that date? Do we consider it as included in the bank balance and hence make no changes?
latest answer
As on 31 dec date this is not included
Vishnu Muraleedharan
CA Final
★ 32K+
2
503
Regarding conversion
Others
answered on 24-Jun-23 21:59
i will get my 6th sem bcom marksheet in july am i eligible to apply for articleship and i passed ca foundation appeared for ca intermediate but didn't get through will i have any relaxation regarding study period of 9m and articleship period of 9mon before appearing for ca intermediate...will ca new course will have a impact on articleship??
latest answer
55% prescribed marks required
Aravindh Kumar
CA Inter
★ 4K+
11
573
What is the meaning of dependant in income tax
Direct Taxation
answered on 24-May-23 10:10
What is the meaning of dependant in income tax Does it means financially dependent on the assessee?
latest answer
Yes, financially - dependant wholly or mainly for his support and maintenance Explanation to Sec 80DD provides (b) "dependant" means— (i) in the case of an individual, the spouse, children, parents, brothers and sisters of the individual or any of them; (ii) in the case of a Hindu undivided family, a member of the Hindu undivided family, dependant wholly or mainly on such individual or Hindu undivided family for his support and maintenance, and who has not claimed any deduction under section 80U in computing his total income for the assessment year relating to the previous year;
Atharv Sankliya
CA Final
★ 3K+
3
622
Inventories
Accountancy
answered on 21-May-23 23:38
Please clear this point. I have attached the file . How Rs.4 lakh debited to stock account.
latest answer
Purchases were made and we assume risk and reward is t/f to us. So since stock is increasing we are going to debit it. Stock a/c is asset.
Anil Raj
CA Foundation
★ 580
1
459
Inventories chapter
Accountancy
answered on 23-May-23 14:57
In this chapter last problem ie , adjustment to physical stock, i have attached one screenshot please make it clear how in sales working notes sales taken 20% ?
latest answer
If profit is given as percentage of cost, assume 100 as cost. So profit is 25 Selling price is 125. SP 125 -> Profit 25 SP 1 -> Profit 25/125 Like this you have to build.
Anil Raj
CA Foundation
★ 580
3
461
Deduction u/s 80U and 80DD
Direct Taxation
answered on 22-May-23 11:10
Can Taxpayer claim deduction u/s 80u for self and sec 80DD for his wife ( if his wife also files the ITR but she doesn't claim deduction u/s 80U for herself) ??
latest answer
Yes
Atharv Sankliya
CA Final
★ 3K+
1
470
Exams
Others
answered on 25-May-23 19:56
Until yesterday it was like when this exams will get over. But today there isn’t much stuff to do.🙂
latest answer
- Relax and take a break for few days - Plan Group-2 studies - Upskilling - Attend ICITSS IT & OC programs
Sugam SM
CA Final
★ 9K+
8
575