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Costing

answered on 12-Dec-22 10:54

In illustration 3 (Reciprocal method-simultaneous eq) , here data already given about the cost of the service dept, then why we find out the expenditure for both service dept.?

latest answer

There are different methods of re-distribution - Direct, step and reciprocal . For inter-departmental services methods could be - trial, repeated and simultaneous equation Each method has its way - depending on the entity, nature of services the method is chosen.

Kamal Kumar

Kamal Kumar

CA Inter

7K+

5

430

Articleship

Others

answered on 11-Dec-22 19:16

Could CA Intermediate students in the Current scheme go Articleship under the New scheme for 2 Years?

latest answer

Thank you.

Karthick A

Karthick A

CA Final

1K+

3

433

CA INTER MCQ

Exams

answered on 11-Dec-22 11:15

Like in foundation.. In CA inter also MCQ question papers are not revealed?

latest answer

Not revealed. Bitter truth

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

2

509

Security Valuation- Bonds

AFM

answered on 08-Feb-24 11:57

Hello Sir, In the concept of immunization, I was not able to understand the logic behind equaling Macaulay duration to the tenure of the bond to achieve the immunization.

latest answer

We have uploaded a fresh video in the chapter specifically addressing this aspect - do have a look

Suresh Avinash

Suresh Avinash

CA Final

3K+

5

660

HOW TO FIND ANSWER FOR THIS???

Maths & Stats

answered on 11-Dec-22 00:18

I tried finding it by calculating it as: I found f.v. of 50000 i.e. 80525.5. Then I tried to find value of annuity at this amount. But not getting answer. Is my approach correct??

latest answer

No actual we have to use present value of annuity here. The 1st payment is made at the end of fifth year. Let's take this case as annuity regular. In the regular we made the payment in the next year of getting loan. So add interest for 4 years to 50,000 which will comes to 73,205. At the 4th year the loan is 73,205. It is the present value of the annuity. ( If you have doubt about it, refer example 31, icai module). Now apply the present value of annuity regular, then the answer is 19,311.xxx which is closer to 19,310.

SNEHAL KHANDELWAL

SNEHAL KHANDELWAL

CA Final

8K+

1

805

Depreciation

Accountancy

answered on 11-Dec-22 10:19

How is percentage for depreciation decided???

latest answer

The depreciation rate can also be calculated if the annual depreciation amount is known. The depreciation rate is the annual depreciation amount / total depreciable cost. 

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

4

407

Partnership

Accountancy

answered on 11-Dec-22 10:24

Is revaluation and realisation a/c same??

latest answer

Revaluation account is an account prepared to ascertain the variation in the values of the assets and liabilities of the firm. Realisation account is an account prepared to ascertain the net profit or loss on the sale of assets or discharge of liabilities. Only those assets and liabilities which are revalued.

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

5

969

Goodwill valuation

Accountancy

answered on 12-Dec-22 17:13

Why overvaluation of opening stock is added?? Shouldn't it be subtracted??

latest answer

Sir's method is easy for evaluation of good will

Jaswanth P

Jaswanth P

CA Inter

3K+

3

2K+

share capital

Accountancy

answered on 21-Jan-23 00:14

whether a Company can accept the whole or a part of the amount remaining unpaid on any shares even if no part of that amount has been called up.?

latest answer

Yes, it is called as "CALLS IN ADVANCE". But they won't get voting rights until that amount is called up .

Kamal Kumar

Kamal Kumar

CA Inter

7K+

9

406

Incomplete records

Accountancy

answered on 11-Dec-22 21:21

Purchases value has been derived after considering returns, then why we need to again deduct in trading a/c?

latest answer

Got it sir

Sugam SM

Sugam SM

CA Final

9K+

7

468