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Financial Management
answered on 19-Sep-22 11:56
Why they did computation of ROCE and how will I know to take ROCE in that prblm
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You compute ROE when you have PAT & Average Equity. If not use EBIT / Cap employed These are measures of return
Lakki Kamu
CA Final
★ 4K+
2
550
Acc. From Incomplete records
Accountancy
answered on 18-Sep-22 18:11
Illustration 8 can I use creditors account for the balancing figure of bills payable
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Yes, you can use creditors account to get balance of bills payable but in the above question, we are finding credit purchases as the balance of bills payable is already given in the question
Aabith Sha
CA Inter
★ 8K+
1
422
Relationship of accounting with other disciplines
Accountancy
answered on 18-Sep-22 18:06
Sir for how many marks can this com....and im getting confuse that which questions i should read for theory from 1 chapter .
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Kkkk
Vikas Patwari
CA Foundation
★ 3K+
8
826
Consignment
Accountancy
answered on 18-Sep-22 16:40
Is the answer that i have solved is correct or not
latest answer
Yea the commission amount seems fine however in the WN you shouldn't have taken 25% of sales because thats not whats given. the question say 25 per unit sold so you should have taken 900x25, which luckily in this instance is the same as 25% of sales .
Samarth Kshatriya
CA Inter
★ 1K+
14
434
Accounts from incomplete records
Accountancy
answered on 19-Sep-22 18:41
Not able to understand 'c' and 'd' adjustments. Sir can you please tell the right answer for this question, not able to understand the question properly.
latest answer
Ok sir, thanks
siva chaitanya
CA Final
★ 13K+
3
467
ROE
Accountancy
answered on 22-Sep-22 17:03
Plzzz anyone!!!!
latest answer
Radio Dr. 45,000 Repairs Dr. 2,500 Purchases Cr. 46,000 Janki Cr. 1500
rakhi sikarwar
CA Foundation
★ 5K+
15
474
Anyone???
Accountancy
answered on 18-Sep-22 13:38
What's entry of it??
latest answer
there is no option for deleting things you post in forums. Anyway don't worry you dont have to delete anything.
rakhi sikarwar
CA Foundation
★ 5K+
6
408
Cost Accounting System
Costing
answered on 19-Sep-22 12:17
They are considering production overheads balancing figure as closing balance. But, in some other problems, they are treating it as absorption difference. How to identify which one to follow in the exam?
latest answer
Question usually guides.
vs navin
CA Final
★ 1K+
4
465
Ca inter
Direct Taxation
answered on 19-Sep-22 17:54
Y kese hoga
latest answer
Answer is Rs. 180000 as per sec 32(2) of the act in which brought forward unabsorbed depreciation is allowed as a deduction. First brought forward business loss is to be notionally allowed first, therefore 270000-200000-50000(to extent of profit balance left)=0 now add back b/f loss 0+200000=200000. Now Rs. 200000 is the book profit and 90% of it is Rs.180000
Mridul Singhal
CA Inter
★ 1K+
5
616
CA inter
Direct Taxation
answered on 18-Sep-22 13:12
??
latest answer
Option A Since he can avail deduction in AY 20-21 and get LTCG of 3.5 L However he's selling the new house, So the deduction amount of 5 Lakhs gets added to capital gain and he gets STCG of 14 Lakhs
Mridul Singhal
CA Inter
★ 1K+
1
607