Forums
Ratio analysis
Financial Management
answered on 31-Oct-22 15:23
In icai material ,Ppe Turnover = Turnover/Ppe and not Cogs /Ppe .Then why they have used cogs in the answer instead of sales
latest answer
Ok sir
pradyumna hariramani
CA Inter
★ 290
5
518
Step marks
Accountancy
answered on 31-Oct-22 14:11
Will step marks be provided even if the final answer is wrong?
latest answer
thanks
Shankari C
CA Inter
★ 12K+
5
535
Accountancy: Acceptance of approximation in exams.
Exams
answered on 31-Oct-22 19:52
If there is a small difference between the answer key and our answers(say, 1-2), due to approximation, will they be considered as an error?If not, then to what extent will they be accepted? Also should we provide by way of footnote that there maybe small differences due to approximation?
latest answer
Ok. Thank you
Dharani Chakravarthi
CA Final
★ 8K+
5
480
AS 1
Accountancy
answered on 02-Nov-22 08:59
X & Co. a partnership firm has prepared its books of accounts on cash basis. Comment. Will your answer change, if the entity is a company i.e.,X Ltd.
latest answer
https://youtu.be/SBz6fh6rFJI
Mahendar Peraboina
CA Inter
★ 700
4
556
Audit report
Auditing
answered on 31-Oct-22 17:47
Shouldn't the answer be incorrect as they have mentioned auditor should issue adverse opinion and not disclaimer of opinion Q4
latest answer
Thanks
Gauri Shete
CA Final
★ 5K+
3
683
#8 Question of the day (Accounts)
Accountancy
answered on 31-Oct-22 22:23
M/s. Dayal Transport Company purchased 10 trucks @ Rs. 50,00,000 each on 1st July 2017. On 1st October, 2019, one of the trucks is involved in an accident and is completely destroyed and Rs. 35,00,000 is received from the insurance in full settlement. On the same date, another truck is purchased by the company for the sum of Rs. 60,00,000. The company writes off 20% of the original cost per annum. The company observes the calendar year as its financial year. Give the motor truck account for two years ending 31st December, 2020
latest answer
Correct Answer
Sudha Reddy
CA Final
★ 20K+
1
5K+
CAPITAL BUDGETING
Financial Management
answered on 31-Oct-22 17:33
How to calculate MIRR
latest answer
MIRR = square root of ( FV of + ve cash flows at cost of capital / PV of - Ve cash flows at financing cost) - 1
Manoj Raj
CA Final
★ 12K+
3
564
What does profit after tax and depreciation mean
Financial Management
answered on 31-Oct-22 15:45
Does it mean tax has been deducted and depreciation added back?
latest answer
Tqsm
Shru Kanda
CA Inter
★ 610
9
2K+
Theoretical distribution
Maths & Stats
answered on 01-Nov-22 12:07
9th question
latest answer
Thank you so much but Ye question 1/3 se reverse trick se solve que nahi ho raha
Ashwini Kulkarni 19
CA Inter
★ 13K+
3
535
Small doubt
Accountancy
answered on 31-Oct-22 09:27
Can anyone explain explain the point of iii part in question no 01.......
latest answer
look at b) under exception of cost of inventory...it says storage cost shouldn't be included
Balachandar S
CA Inter
★ 59K+
2
678