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Sir please upload a video , explaining the answers of the icai exam questions, For written papers Accountancy and law,
Accountancy
answered on 19-May-22 19:45
It will be helpful for us to ,plan better for the next attempt And it will be helpful to know the answers sir
latest answer
If you had seen the classes, they would have explained in detail about the way of markings by ICAI for the previous 2 attempts and the question paper pattern analysis too.
Sri Bhawin
CA Inter
★ 20K+
3
497
Debtors Collection period
Financial Management
answered on 19-May-22 19:44
Actually Formula Drs collection period ratio is (Credit Sales÷Avg Drs )�365 But here they took Directly Debtors vallue but y they didnt took Avg of Debtors ie for year 2020 they can take opening balance of 2019 and can calculate but y they didnt do
latest answer
You can do it, but there must be consistency in the formula. You cannot use 2 separate formulae for same ratio in a single question.
Surya Prakash
CA Final
★ 19K+
9
627
cost of closing stock formula Illustration 6 page 10.22
Costing
answered on 19-May-22 19:53
How we are getting cost of closing as 3750 cost of closing stock formula Illustration 6 page 10.22
latest answer
In the question, they would have stated that Stock in processes are valued at prime cost. Finished stock is valued at the price at which it is received from Process II. And hence the formula would be Primary Cost in Process II / Total Transfer price in Process II * Value of Closing Stock (which is given in the question to be 4,500)
nisam M
CA Final
★ 23K+
2
1K+
Query regarding orientation
Others
answered on 19-May-22 19:45
What to fill in this?
latest answer
Okay
Badri Nayakanti
CA Final
★ 42K+
17
534
Is this sum wrong
Costing
answered on 20-May-22 18:30
Units sold are more but they have calculated for units produced. They also apportioned joint cost on basis of NRV for one and sales value at split off. How can they do this
latest answer
Please share solution highlighting your doubt
Harsh Mittal
CA Final
★ 1K+
3
551
What is the logic of this formula
Costing
answered on 19-May-22 22:24
See image -- cost of closing stock formula Illustration 6 page 10.22
latest answer
Thank u bro
nisam M
CA Final
★ 23K+
3
479
Exams
Exams
answered on 18-Jul-22 15:00
Can we use last paper in answer sheet for rough work?
latest answer
Yes sure you can
bharath M
CA Final
★ 19K+
6
613
Investment Decisions
Financial Management
answered on 19-May-22 19:47
For the fifth sub question of this question that if entity is goin to use single cut off period for all the projects ,it is likely to accept too many short lived projects because if this happens ,then one project may have good inflow during cut off period but later there maybe negative cash flows and there maybe another project with initially low cash flow and so payback period maybe longer but later in future years there maybe good cash flows from project and therefore,entity may select a wrong project which has only short term gains and not long term gains ,is this correct?
latest answer
Yes it is right. As you said only.
pradyumna hariramani
CA Inter
★ 290
6
466
Pen and gloves
Exams
answered on 19-May-22 16:18
Is it necessary to take gloves and face shield for exam.? And black pen is compulsory? Ya we can also use blue pen?
latest answer
Haa yes
Jiya T
CA Inter
★ 10
5
757
RCM
Indirect Taxation
answered on 19-May-22 18:55
Service by Lending of securities under securities lending scheme of SEBI In the example stated when Mr.A is depositing in the intermediary and Mr. B is taking loan from the Intermediary what will be the consideration of intermediary. Mr.B takes loan from Intermediary but how he is directly repaying to Mr.A How does this system of lending under Securities Lending Scheme works?
latest answer
Ohkâ?¦.Thanks
Swetha S
CA Inter
★ 15K+
6
514