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Preparing trading p and l account

Accountancy

answered on 06-Apr-23 11:58

In this q , if I do wrong in finding depreciation how many marks will I lose

latest answer

About 2-3 marks.

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

1

485

Supply under GST

Indirect Taxation

answered on 06-Apr-23 11:02

CBIC clarification for activities are neither supply of goods nor supply of services is whether applicable to intra state supply??

latest answer

For all

Vinodha Alagesan

Vinodha Alagesan

CA Inter

2K+

1

482

IL mcqs meet ICAI standards?

Exams

answered on 06-Apr-23 11:35

If I solve IL mcqs can I except more or less same on main exam ICAI MCQs?

latest answer

Here is the testimonial from AIR 1 https://www.youtube.com/shorts/PGrGDiNPLfk

Madhu Reddy

Madhu Reddy

CA Inter

4K+

3

618

Companies Act, 2013

Corporate & Other Laws

answered on 06-Apr-23 08:42

I need a small clarification on the highlighted point under Significant Points of An OPC. Can a Non residential Indian (NRI) who has - stayed in India for a period of less than 120 days or -has not stayed in India during the preceding financial year be eligible to incorporate an OPC? I’m a bit confused as the point says ‘….whether resident in India or otherwise AND has stayed in India for a period of not less than 120 days….’ Does this mean, the period of residence for 120 days in India is mandatory?

latest answer

Thanks a lot

Asmita Kar

Asmita Kar

CA Final

7K+

2

489

SM - Q.5 - Study Material

Strategic Management

answered on 06-Apr-23 09:22

The answer for this question, as per our Study material, is "Differentiation strategy". But, I thought it would be "Focused Differentiation" strategy as it caters to a particular segment (narrow market). Can anyone please help me to differentiate between these two? How to identify it in the exam? Any clue or hint to identify it in case studies?

latest answer

Varshaa Read it carefully it is not a narrow Market As it survives to a large market of newly born kids and mothers it would have been a small market if they told you a very small market like small jurisdiction, small number of buyers etc

Varshaa M

Varshaa M

CA Final

35K+

1

566

What I'd takings ????service costing

Costing

answered on 06-Apr-23 09:30

In this question they are offen referring to commission and profits as some %on takings What is Takings

latest answer

Sales

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

472

Job and contract costing

Costing

answered on 06-Apr-23 05:43

Why material @site and plant @ site is not adjusted in estimation of profit calculation of qn3 pg.9.37 but it is adjusted in qn.4 of same chapter?

latest answer

The formats followed in both question are different. The material at site is shown in credit side in an account format, so it gets adjusted. You should prefer any one method which you find easy.

Pooja .

Pooja .

CA Final

210

1

514

Content

Corporate & Other Laws

answered on 05-Apr-23 23:07

So is it necessary to remember content, procedures in law. Say for example, content of report of AGM, disclosures in board report etc… Lot of stuffs and its vast.

latest answer

Yes. They are in syllabus. study them

Sugam SM

Sugam SM

CA Final

9K+

7

528

validity

AFM

answered on 05-Apr-23 22:53

i have enrolled for may 23 class.till which date classes will be availablr?

latest answer

Okay. Thankyou

nazriya nasar

nazriya nasar

CA Final

7K+

4

557

Why in part b answer the director remuneration is available on PYB23-24 instead of 22-23…?

Direct Taxation

answered on 07-Apr-23 13:02

If TDS is deducted before April 30th and paid within due date of filing then why is it deductible only in 23-24 instead of 22-23

latest answer

They are 2 both independent scenarios First scenario - credited in March 23 but tds not deducted. No deduction so no tds deposited Second scenario - IF, paid in April 23

Gokul Nath

Gokul Nath

CA Inter

605

5

465