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AS 11
Accountancy
answered on 20-Mar-23 22:01
Why this is disclosed separately? Closing stock and dep
latest answer
Yeah its an additional info
Sugam SM
CA Final
★ 9K+
2
441
Agricultural Income
Direct Taxation
answered on 20-Mar-23 17:51
I need help regarding taxability of Income from sale of Plants from Nurseries which were grown out from Trays [Seeds are sown on plastic trays] and use Green house to protect those and sell to the Customers. Taxable Or Not Under Income Tax ?
latest answer
Not taxable as included as agri income.
Shanmukh Vemuri
CMA Final
★ 5
1
463
contingent liability
Accountancy
answered on 20-Mar-23 19:40
what is remote possibility?
latest answer
there is only a very small chance that it will happen.
Kamal Kumar
CA Inter
★ 7K+
1
408
Marginal costing
Costing
answered on 20-Mar-23 22:40
Some costs are variable at batch level but fixed for unit level whereas others are variable at production line level but fixed for batches and units. Can anyone pls explain this statement
latest answer
Take raw material.cost per unit is the same across all levels but the consumption of raw material is different across every batch .think like this,u buy 5 chocolate for ur brother and 10 chocolate for ur sister.on macro level the total cost is different for ur siblings but the cost each chocolate is the same for all.
Neha Baliga
CA Inter
★ 16K+
1
607
Cash flow from operating activities
Accountancy
answered on 27-Mar-23 19:07
Sir is my solution on arriving at Cash flow from operating activities correct in the below question?
latest answer
Income tax refund is credited to P&L, this also needs to be adjusted to arrive at Profit Before Tax. YOu should show tax refund seaparately as an addition.
Venkateshwara Prabhu
CA Inter
★ 16K+
1
448
Eps and financial leverage
Financial Management
answered on 22-Mar-23 00:43
Sir i wanted to know whether my answer is correct for the below question and whether the explanation provided by me is sufficient from exam point of view
latest answer
Reference para 2 of your conclusion (pg no. 4): You shouldn't say financial leverage affects 3 other options. You must find Financial Leverage separately and then you conclude your opinion. Without finding financial leverage your answer won't be a complete answer.
Venkateshwara Prabhu
CA Inter
★ 16K+
2
611
Offline downloaded videos
Others
answered on 20-Mar-23 12:49
Sir I have downloaded some videos yesterday as I have insufficient data today. But when I was watching those videos today it consumed more than 1 GB. Now I don't have extra internet data to study. Why offline downloaded videos consumes data sir?
latest answer
Okay sir, thank you!
Viveka R
CA Inter
★ 3K+
5
540
Debenture
Corporate & Other Laws
answered on 20-Mar-23 13:34
Please explain me this That 500 represent rupee Or number
latest answer
500 is number of members/public
Sruthi sruthi
CA Final
★ 640
1
441
Set off
Direct Taxation
answered on 22-Mar-23 15:44
Wat does current year and unabsorbed capital exp on scientific research and on family expenditure mean ?? Under which sec it comes
latest answer
Unabsorbed means sufficient profit is not available for deduction.
Reetikaa R
CA Final
★ 7K+
3
440
Final accounts
Accountancy
answered on 22-Mar-23 15:17
What is the adjustment entry of no.1 adjustment
latest answer
For dishonour, add to debtor balance and reduce form bank balance. For direct deposit - add to bank balance and reduce from debtor balance
jayesth Jain
CA Foundation
★ 835
1
520