Forums
Depreciation
Accountancy
answered on 05-Jul-22 15:16
How the answer is 12,000
latest answer
Depreciation = Original cost - salvage value/total production x 2nd year production = 1,26,000 - 6,000/50000 x 5,000 = RS12,000
Subramanyam N
CA Inter
★ 6K+
3
634
Depreciation
Accountancy
answered on 05-Jul-22 14:26
Why the answer is false for (c)(ii)
latest answer
The cost of repairs will increase gradually after the asset becomes old and the working life cannot be estimated reasonably ,their would be increase in repairs for such assets in later years.so written down value method is applied for depreciation and repairs together for a uniform charge .
Subramanyam N
CA Inter
★ 6K+
2
585
Depreciation
Accountancy
answered on 05-Jul-22 17:20
How the answer is 20% the answer will be 19.6% percentage because 19600/100000*100= 19.6%
latest answer
Wrong.
Subramanyam N
CA Inter
★ 6K+
10
528
Depreciation
Accountancy
answered on 05-Jul-22 13:10
In case of diminishing balance method whether the depreciation is calculated by applying percentage(rate of depreciation) after reducing the scrap value or before reducing the scrap value if the percentage(rate of depreciation) is given
latest answer
Always on cost
Subramanyam N
CA Inter
★ 6K+
1
431
About Advanced Orientation and information technology course
Others
answered on 07-Jul-22 19:36
I completed orientation and ITT course ,IAM a direct entry student but I didn't clear any group of intermediate ......can I enroll now for Advanced Orientation and information technology course ,but my articleship is going to end only 4 months is there....??
latest answer
All the best for your bright future friend..tku
MPR Sanjay Kumar
CA Inter
★ 530
16
501
Income Tax rate for a domestic company
Direct Taxation
answered on 09-Jul-22 08:11
Why particularly for P.Y. 2019-20, concessional rate of tax of 25% is charged for those companies having total turnover not exceeding Rs.400 crores? Is it due to the pandemic?
latest answer
Okkkk
Sibi Srinivasan
CA Final
★ 22K+
4
479
Doubt regarding AS5
Accountancy
answered on 06-Jul-22 14:57
What is the precise difference between Exceptional and Extraordinary items? I am finding it difficult to practically assess the difference between the two. For instance, Profit on sale of subsidiaries should be Extraordinary or Exceptional?
latest answer
Extraordinary - Not in the ordinary course of business. Exceptional - In ordinary course of business - but require separate disclosure due to nature and size.
Siddharth Kulkarni
CA Final
★ 28K+
13
651
Chapter wise weightage..
Others
answered on 05-Jul-22 15:46
How to see chapter wise weightage in this app
latest answer
Shared from *1FIN by Indigolearn* CA Inter https://1fin.page.link/WeSPSs1JDoLw5dSM8
Madhu Reddy
CA Inter
★ 4K+
2
785
Revise tax
Direct Taxation
answered on 05-Jul-22 12:29
How can i revise the tax again after may attempt ?? I am very weak in the subject also earlier so how i have to start the preparation for its revision
latest answer
First of all the taxation subject is not as difficult as u think. Dont refer any books. Just refer icai study material its of simple words. Before starting preparing a particular chapter its advisable to watch a video on YouTube regarding such class/ chapter so it might not imposes u difficulty in learning such chapter
Rick Y
CA Final
★ 2K+
2
515
IGNOU B.com ( A&F )
Others
answered on 06-Jul-22 15:02
Can someone please tell me the duration of the above course w.r.t. a CA Inter qualified student? I read in the prospectus of this course that when a CA Inter qualified student joins this course, the course duration will be reduced proportionately. I need some clarity on the reduction.
latest answer
Thank you!
Sibi Srinivasan
CA Final
★ 22K+
7
981