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AS
Accountancy
answered on 09-Jun-21 11:01
AS-4 EXAPLIN THIS. Accounting treatment for contingent losses and gains...( attached below)
latest answer
In case it is likely that contingency would result in the loss of the business, then itâ??s prudent to account for such loss in the financial statements. A Contingent gain isnâ??t recognized in the financial statements as their recognition could result in recognition of revenue that might never be realized.
Sathiya Bama
CA Final
★ 23K+
1
237
Accounts of companies
Corporate & Other Laws
answered on 09-Jun-21 10:29
Sir , Unadopted Financial statements Means . Is it mean the shareholders not taken The financial statements even it is audited or something else ?
latest answer
Yes i.e. not approved by shareholders
M V Naresh
CA Final
★ 3K+
1
260
Course extension
Others
answered on 09-Jun-21 08:43
Course extension upto July 21 means if exams postponed will be extended up to exam date And will amount remain same till June 20 or it will be raised
latest answer
No. July 21 means last date of exams as or latest announced schedule i.e 20th July 2021 . If exams get postponed you will have to pay again - yes amount will remain same till June 20
Kondamuri Sai Sindhoori
CA Inter
★ 3K+
1
285
Course extension
Others
answered on 09-Jun-21 08:59
I want to extent till may 22 is it available
latest answer
Such option will be opened after Nov exams only
Kanaga Mani
CA Inter
★ 3K+
1
248
AS
Accountancy
answered on 14-Jun-21 06:21
Ans for this qn gn below? Q4.BETA LTD.ISA FULLTAX FREEENTERPRISEFORTHEFIRSTTEN YEARS OF ITS EXISTENCEAND IS IN THESECOND YEAROFITSOPERATION.DEPRECIATION TIMING DIFFERENCERESULTINGINATAXLIABILITYINYEAR1AND2IS`1,000LAKHSAND`2,000 LAKHS RESPECTIVELY. FROM THETHIRD YEAR IT ISEXPECTED THAT THETIMING DIFFERENCEWOULDREVERSEEACHYEARBY`50LAKHS.ASSUMINGTAXRATEOF40%, YOUAREREQUIREDTOCOMPUTETOTHEDEFERREDTAXLIABILITYATTHEENDOFTHE SECONDYEARANDANYCHARGETOTHEPROFITANDLOSSACCOUNT.
latest answer
No. However, you can purchase each standard which you want on our app.
Sathiya Bama
CA Final
★ 23K+
6
352
Cost of capital
Financial Management
answered on 10-Jun-21 10:48
Can you explain what is asked in (C) and answer for it
latest answer
Yes
Nishitha Karthikeyan
CA Final
★ 6K+
3
357
Financial Analysis and Planning ratio analysis
Financial Management
answered on 08-Jun-21 22:47
Where is cost of goods sold amount given in this question? Sir explained in the video that it's given directly in the question. ( Illustration 7)
latest answer
Thank you so much ð???
Rithani R.C
CA Inter
★ 4K+
4
281
Doubt
Direct Taxation
answered on 12-Jun-21 19:00
In this question part b) remuneration of of â?¹25000 is clubbed in the hands of mr. A but why it is taxed u/h IFOS not u/h SALARY??
latest answer
It is given that the salary or commission or fees etc must be clubbed. Not specified under which head it must be included. So depending upon the nature of the income, it is included in that respective head.
Sri kanaga Varshini
CA Final
★ 3K+
3
305
If stock-out problems are asked previously
Costing
answered on 09-Jun-21 15:25
Hi sir, Do stock out topic in material costing usually come for exam ? Asking since some questions are that much lengthy and if yes how many marks can those questions hold?
latest answer
They can be tested. Marks depend on number of workings you need to do.
Vignesh Prakash
CA Inter
★ 20
1
257
Banking companies
Accountancy
answered on 09-Jun-21 11:48
What is crr and slr for may 2021 attempt And how percentage should we transfer to statutory reserves ??
latest answer
SLR at 18% CRR at 3% Statutory Reserve - 25%
Enuguru Sai Nithin
CA Final
★ 78K+
1
259
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