NPO

answered on 21-Oct-22 09:11

Please look in this question it is given "for the year ended March 31, 2018" This means the year 2017-2018. Right ? So the subscriptions for the year 2017-18 is 60000. Why in Income and Expenditure A/C it has put Subscriptions as 350000 that is the subscription amount for 2018-19.

latest answer

Esa kuch nahin hai question mein mistake hai 60000 ko 2017-18 mein likhna chahiye tha..question galat hai..matlab printing mistake

Ardhendu Sekhar Acharya

CMA Inter

★ 250

6

514

BRS

answered on 28-Oct-22 12:55

Positive balance of Pass book is Cr or Dr ?

latest answer

Positive balance in pass book = Dr . bal in bank book in entity accounts Negative balance / Dr. balance in pass book i.e. overdraft = Cr. bal in bank book in entity books

Ardhendu Sekhar Acharya

CMA Inter

★ 250

5

393

Bailment

answered on 21-Oct-22 17:40

Whether 2/3rd expenses to be ordinary or even including extra ordinary expenses.

latest answer

Total expenses - These are decided by courts based on facts and circumstances.

Sugam SM

CA Final

★ 9K+

1

430

How to calculate

answered on 20-Oct-22 18:14

Gross profit ratio

latest answer

Ok

TARGET CMA

CMA Inter

★ 1K+

4

494

House property

answered on 20-Oct-22 18:34

House property is partly Let out and partly self occupied then int on borrowed capital restriction to 2lakhs or unlimited ??

latest answer

Thank you Nithya

Aswini Gorige

CA Inter

★ 7K+

7

577

Index no.

answered on 20-Oct-22 19:33

Please anyone solve this q. No. 14

latest answer

Refer the attachment

Harshita Tripathi

CA Inter

★ 2K+

5

500

answers to illutrations gvn in the notes in this app

answered on 20-Oct-22 15:32

where can i have the answers

latest answer

Those will be solved in the class itself. Those are study mat sums itself. That too it doesn't include every problem of study mat

PRO TECHS BY JANU

CA Inter

★ 13K+

2

526

#1 Question for the day (Foundation)

answered on 23-Oct-22 01:48

Write the answer on a sheet and present it as if you write in exam. Send the photo by 8 pm. #Nov22 #Practice Mr. Joshi's trial balance as on 31st March, 2020 did not agree. The difference was put to a Suspense Account. During the next trading period, the following errors were discovered: (i) The total of the Purchases Book of one page, Rs.5,615 was carried forward to the next page as Rs. 6,551. (ii) A sale of Rs. 281 was entered in the Sales Book as Rs. 821 and posted to the credit of the customer. (iii) A return to creditor, Rs. 295 was entered in the Returns Inward Book; however, the creditor's account was correctly posted. (iv) Cash received from Senu, Rs. 895 was posted to debit of Sethu. (v) Goods worth Rs. 1,400 were dispatched to a customer before the close of the year but no invoice was made out. (vi) Goods worth Rs. 1,600 were sent on sale or return basis to a customer and entered in the Sales Book at the close of the year, the customer still had the option to return the goods. The gross profit margin was 20% on Sale. (vii) Rs. 600 due from Mr. Q was omitted to be taken ·to the trial balance. (viii) Sale of goods to Mr. R for Rs. 3,000 was omitted to be recorded. You are required to give journal entries to rectify the errors in a way so as to show the current year's profit or loss correctly.

latest answer

Oh yes! Thank you so much for the correction....

Sudha Reddy

CA Final

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4

8K+

Public company

answered on 31-Oct-22 19:56

Can a public company raise money from the public without listing

latest answer

Securities cannot be issue to public without listing of the company. However, Deposits can be issued provided all the conditions of Chapter 5 Acceptance of Deposits are complied.

Pramod gowda Pramod gowda

CA Inter

★ 2K+

7

483

Partnership firms

answered on 20-Oct-22 12:59

Do I need to prepare only Profit and Loss Appropriation account for this question or both Profit and Loss account and Profit and Loss Appropriation ? (Q.no 18) Please check

latest answer

Thank you

Ardhendu Sekhar Acharya

CMA Inter

★ 250

9

636