powered by logo

Forums

Provision for tax

Accountancy

answered on 02-May-23 17:04

In cash flow ,in some cases it is added to net profit ,in some ,not added . Plss tell me wen to add and wen not to ?

latest answer

If you start at net profit after tax, then you add back

Reetikaa R

Reetikaa R

CA Final

7K+

8

499

As 9 (Revenue recognition)

Accountancy

answered on 02-May-23 12:28

Please elaborate subscription revenue recognition w.r.t goods....with an eg is appreciated

latest answer

👍

Bhavya Kumar

Bhavya Kumar

CA Final

7K+

2

557

Accounts

Others

answered on 02-May-23 12:06

Is there any difference between class 12 and ca inter cash flow

latest answer

Thank you

Gopal Garg

Gopal Garg

CFA L1

5K+

4

500

Profit prior incorp

Accountancy

answered on 05-May-23 06:23

Provision for income tax should be allocated on what basis??

latest answer

Generally its on time basis

Prasanna Ram

Prasanna Ram

CA Inter

0

3

395

Step marks

Exams

answered on 01-May-23 22:06

Will i get step marks even if the final answer is not correct? (Especially for practical papers)

latest answer

Yes

abilash ganapathi

abilash ganapathi

CA Inter

750

2

509

Fin statements

Accountancy

answered on 02-May-23 11:44

Share suspense account to be shown under current assets under other current assets???

latest answer

current

Reetikaa R

Reetikaa R

CA Final

7K+

2

410

MTP -2

Accountancy

answered on 01-May-23 20:53

How is 14033 interest is calculated? And why is it on debit side?

latest answer

This is Debenture interest closing balance transfer to P/L A/C...

Pooja .

Pooja .

CA Final

210

1

483

Exam

Others

answered on 01-May-23 19:26

If we clear intermediate exam in May 24 then when we are eligible for final exam?

latest answer

Last 6 months of articleship.

Priya Ravi

Priya Ravi

CA Inter

55K+

3

412

Scrap sale of spoiled direct material

Accountancy

answered on 01-May-23 19:03

Does scrap sale of spoiled/destroyed direct material reduces the cost of production means does it is credited to mfg a/c

latest answer

Either reduce from cost of production or consider as other misc. income.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

395

Classification of accounts

Accountancy

answered on 01-May-23 19:31

Cash is a real account and a bank account is a personal account, right?

latest answer

Oh yes Sir, got it. Thank you!

Nidhi S

Nidhi S

CA Inter

4K+

2

420