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Indirect Taxation

answered on 16-May-22 10:42

Do we need to remember the entry numbers in the chapter Exemptions from GST?

latest answer

No need bro

Kavin Kumar

Kavin Kumar

CA Inter

2K+

3

575

Marginal costing

Costing

answered on 17-May-22 23:51

Why in this sum Fixed selling cost are calculated on quarter basis intsead of unit basis?

latest answer

There are two types of Cost- Product costs and Period Costs. Product costs are those which get added to the cost of production. If the products are not sold they continue to sit in books of accounts as inventory. They eventually get debited upon their sale. All your production and manufacturing overheads fall in this category. For this reason we absorb fixed Production oh to cost of production Period costs are those which are not added to the cost of production. These are debited to the period in which they are incurred. These are not capable of being carried forward from one period to another. Fixed Period costs are not absorbed to cost of production. Entire fixed cost is debited to p&l as cost of sales. Therefore no need for absorption on a per unit basis. Example is selling and distribution cost. Hope this clears your doubt

Balaji R

Balaji R

CA Final

20K+

11

560

Government grants AS12

Accountancy

answered on 16-May-22 12:08

Can you please anyone explain me give solution

latest answer

Sure sir ð??? thank you so much

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

525

4

509

Liquidation of Companies, Illustration 7

Accountancy

answered on 16-May-22 11:12

Why the 1) Preliminary Expenses 2) Preference Dividend were not taken in Liquidators Final statement?

latest answer

Please share the question.

Rahul Chandramouli

Rahul Chandramouli

CA Final

600

2

464

Liquidation of Companies, Illustration 9

Accountancy

answered on 16-May-22 08:15

Why â??Debenture Issue Expense not written offâ?? is not taken in Liquidator Final Statement A/C?

latest answer

Profit and Loss (Dr) Balance, Deferred Revenue Expenditure

Rahul Chandramouli

Rahul Chandramouli

CA Final

600

3

470

Contract Costing

Costing

answered on 18-Jun-24 02:14

Can anyone pls tell me what exactly do >Value of Work Certified >Cost of Work Uncertified >Cost of Work Certified mean

latest answer

Yes

Be The Change

Be The Change

CA Inter

11K+

8

929

Employee cost

Costing

answered on 16-May-22 20:39

If bonus or contribution to P.F. ( by employer ) is given as 10%. Then 10% on what, basic wages or wages + D.A.

latest answer

Thank you sir

Harsh Mittal

Harsh Mittal

CA Final

1K+

3

435

NBFC

Accountancy

answered on 16-May-22 12:07

Is this Comparison is correct.i.e. (10% of A) compared with Rs.1116/-(945+171)

latest answer

Yes. Because here investments are in debentures of subsidiaries and not in shares.

Mahantesh Biradar

Mahantesh Biradar

CA Final

92K+

8

828

How's is accounting paper Imean Is it easy or moderate or tough

Accountancy

answered on 17-May-22 18:26

Please respond

latest answer

Paper was easy and lengthy. Attending 85plus is a great challenge

Mr M

Mr M

CA Final

3K+

12

768

Exam

Corporate & Other Laws

answered on 16-May-22 16:41

Does McQ in law paper have negative marking?

latest answer

No

Pooja .

Pooja .

CA Final

210

6

503