powered by logo

Forums

Indian contract Act

Corporate & Other Laws

answered on 24-Apr-23 23:31

Prem bought a new car to gift to his son on his 19th birthday. Prem’s son Guddu, wanted to take his friends out for a ride in the new car for a treat. They went the famous Labela Café. Guddu found a Rado watch in the cafe; lying on the floor. Guddu tried to find the owner of the watch but all his efforts went in vain. Guddu got the watch repaired from the showroom by paying 9,500. Three days after Guddu found the watch, he came to know about the real owner of the watch, from the advertisement newspaper stating the loss of a watch in Labela Café, along with the reward of 10,000 to the finder of the watch. Guddu went to the owner to return the watch. Guddu demanded ` 15,000 as he had paid 9,500 for the repair of the watch. How much is Guddu allowed to get?

latest answer

Option c

Sharon M Jacob

Sharon M Jacob

CA Inter

1K+

6

581

partnership

Accountancy

answered on 26-Apr-23 17:32

in the below situation which one is taken as base under high relative capital base

latest answer

D

Elavarasi B

Elavarasi B

CA Inter

46K+

1

447

internal control chapter

Auditing

answered on 25-Apr-23 11:59

Image is attached,please answer with reason

latest answer

ICQs have questions which reveal everything about the internal controls of the entity. Using ICQs, external auditors can evaluate a client’s internal controls and whether they should rely on those controls.

Bhavya Kumar

Bhavya Kumar

CA Final

7K+

1

485

Dept accounts

Accountancy

answered on 24-Apr-23 14:01

Is memorandum mark up account in portions ?

latest answer

Yes

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

2

509

Payment

Indirect Taxation

answered on 24-Apr-23 18:00

Can balance in minor head of CGST be set off with minor head of IGST?

latest answer

No we cannot use it directly. However, balance in one head can be transferred to another head by filing Form GST PMT 09

Pooja .

Pooja .

CA Final

210

2

470

ITC

Indirect Taxation

answered on 25-Apr-23 13:41

whether ITC can be available for goods normal loss in transit

latest answer

Yes

Raji

Raji

CA Inter

920

4

452

Preparation of FS

Accountancy

answered on 24-Apr-23 11:43

Sir the amendment video which is there. Is it applicable for may 23?

latest answer

Yes. But in exams rounding off was not tested

Sugam SM

Sugam SM

CA Final

9K+

4

435

Why closing stock in 1728000. Working capital management

Financial Management

answered on 24-Apr-23 18:36

Pls explain the calculation of creditors for rm Wn 6

latest answer

The closing stock is not 17.28 lacs it is 1.44 lacs RM consumed is for units produced and units in WIP - 31200 and 12000

mani charan

mani charan

CA Final

3K+

2

487

Value of supply

Indirect Taxation

answered on 24-Apr-23 08:32

In point (i) it is clearly given but in ans y municipal taxes are included

latest answer

Just by solving more like questions,in practice time and gain experience, just saying, it's like common sense,but you should have some knowledge of such expense and grip on the subject

Neha

Neha

CA Inter

3K+

18

528

Depreciation rates

Direct Taxation

answered on 24-Apr-23 08:53

Can anyone provide depreciation rates pdf for may 23 attempt ? Please

latest answer

Ok Sir thank you!

Meda Jeevansai

Meda Jeevansai

CA Final

21K+

4

462