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Goodwill

Accountancy

answered on 28-Feb-24 09:28

Can anybody help me with this sum ? Please help me to find the capital employed. I can do the rest myself

latest answer

To calculate average.

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

24

1K+

branch accounts

Accountancy

answered on 17-Oct-22 16:29

This is from Icai study material illustration 8 please explain stock reserve account by balance b/d 6000 (how this 6000 comes)

latest answer

Goods at branch is cost + 25% Opening stock at branch = 30,000 Stock reserve = 30,000*25/125=6000

Elavarasi B

Elavarasi B

CA Inter

46K+

1

667

Cost sheet

Costing

answered on 24-Jan-23 19:35

Is Bank charges is a costing item or Financial item and is it considered while preparing cost sheet? Kindly clarify...

latest answer

It is not to be taken into account in cost sheet because cost sheet doesn't include financial items.

Prakash M

Prakash M

CA Inter

4K+

4

1K+

Cost sheet

Costing

answered on 17-Oct-22 16:46

Here shouldn't I get cost of sales when I have computed as per unit. Why am I getting this difference Illustration 1 of SM If I multiply 101.25* 3600 I should get cost of sales right?

latest answer

Yes 35000/3600 got it

Sugam SM

Sugam SM

CA Final

9K+

2

548

AS -2 doubt.

Accountancy

answered on 17-Oct-22 14:19

What is the meaning of Joint Cost ? Cost incurred upto the stage of split off OR Total cost incurred for the production of The Joint Products .

latest answer

Till the stage of split off.

Anirved Rahatgaonkar

Anirved Rahatgaonkar

CA Inter

0

1

434

Marginal costing

Costing

answered on 17-Oct-22 18:09

4cases out of which first one purchase and maintain electricity cost not considered I want to know why not considered ?

latest answer

Thank you very much ð???ð??? i understand

Aswini Gorige

Aswini Gorige

CA Inter

7K+

3

478

Excess reserve

Economics

answered on 18-Oct-22 11:33

Excerpts from icai material " under WMA/OD RBI lends to Govt it results in generation of excess reserve(excess balance of bank with RBI) The excess reserve thus created can potentially lead to increase in money supply" But Excess reserve are held by Banks ,do not keep with RBI. So,How can RBI lend to Govt.?

latest answer

RBI is the lender of last resort and it has a function within which it lends to government also

Mansha Tutlani

Mansha Tutlani

CA Final

555

1

560

Cost of capital

Financial Management

answered on 17-Oct-22 14:02

Please tell how to calculate Net proceeds of debenture in each of the following cases: 1) If Issue price is given, Market price given and face value also known 2) If only market price and face value is known 3)If only face value is known.

latest answer

Calculate on that Amount, which you are going to consider as NP

Naveen Kumar S

Naveen Kumar S

CA Inter

1K+

7

637

Sec 115 BAC

Direct Taxation

answered on 17-Oct-22 18:59

If anyone has notes of provisions relating to Sec 115BAC (which Sec applicable and which not) , if possible can you please shareâ?¦..

latest answer

Thanks bro

Swetha S

Swetha S

CA Inter

15K+

6

666

Admit card issues

Exams

answered on 17-Oct-22 12:37

Dear Student, Due to heavy load on SSP, the admit cards link is disabled now in SSP. The admit card will be made available to you very soon on priority. Regards ICAI Exam I got this mail from ICAI.Did everyone get this or only me? When can I expect to receive mine

latest answer

Received this mail

Shankari C

Shankari C

CA Inter

12K+

4

607