Forums
Partnership
Accountancy
answered on 27-Feb-23 14:04
Could anyone explain realisation account of problem 3 in Partnership accounts in Advanced Accounting subject? The similar problem is also in illustration 7.
latest answer
Check free classes under free courses
Farhana Shaik
CA Inter
★ 19K+
1
523
Job costing
Costing
answered on 27-Feb-23 18:30
Illustration 1 ( why they are dividing abnormal loss in the factory overheads and costing p/l)
latest answer
Ur welcome
NANDHINI U S
CA Inter
★ 37K+
6
613
Nominal value vs book value
Accountancy
answered on 27-Feb-23 17:23
In this November 2022 question on investment account, there is nominal value and book value. Can someone tell the difference between the two and what should we use for the calculation of the cost of investment.
latest answer
Book value is Net Assets / No of shares. However here the question uses the term book value as value recorded in the books.
Prasad Ramasamy
CA Final
★ 4K+
3
1K+
Profit and gain from business or profession
Direct Taxation
answered on 27-Feb-23 14:31
What does it mean? 1. Gst refund will be taxable u/h pgbp 2. Why gst refund will taxable? 3. Gst refund is not an income right ? 4. If it is then how?
latest answer
Yes.
Amit Pandit
CA Final
★ 33K+
3
596
Ledger
Accountancy
answered on 27-Feb-23 06:24
I am getting difference of 7000 when I tried trial balance. Is this because of given credit and debit balance which have 7000 or any error in solving.
latest answer
Ya it is beacause the opening balances they gave only are only few account balances hence they didn't tally and have difference of 7000 The requirement was also only prepare ledger accounts so trial balance not relevant
SUBODH M JAIN
CA Final
★ 2K+
1
447
Process costing
Costing
answered on 28-Feb-23 15:46
Is there any links or difference between manufacturing account and Process account ?
latest answer
Okay sir
Atharv Sankliya
CA Final
★ 3K+
9
520
Abnormal gain
Accountancy
answered on 27-Feb-23 17:25
Does abnormal gain decrease the cost of product ??
latest answer
for accounting / costing purpose - no but if you look at economics or from the point of view of pure gain - yes.
Atharv Sankliya
CA Final
★ 3K+
14
615
TCS return
Direct Taxation
answered on 28-May-23 16:53
What is the date for filing tcs return in case of quarters? 31st or 15th?
latest answer
15
Sugam SM
CA Final
★ 9K+
5
572
Investment Decisions
Financial Management
answered on 27-Feb-23 14:34
How did they computed 9%
latest answer
https://youtu.be/NLUOJfjb1nc You can watch this video.
Naveen Vs
CA Inter
★ 470
2
661
Treatment of administration cost in cost sheet
Costing
answered on 27-Feb-23 14:33
In question to prepare Cost sheet ,administration cost is silent regarding its nature whether production related or general ,what should we assume ?
latest answer
Added to cost of sales.
Ramya Nagarajan
CA Final
★ 1K+
2
555