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Reference books
Accountancy
answered on 19-Mar-22 11:04
Advanced accountancy should I buy any other teacher's reference books other than institute modules,rtp,suggested answers,mtp ?
latest answer
Ok
Venkatesh .
CA Inter
★ 4K+
4
544
Adjustment
Accountancy
answered on 18-Mar-22 19:15
Trial balance: Furniture ---Rs. 84600 Sale of furniture (1-10-16)--- Rs. 14600 Adjustment: Calculate 5% depreciation on furniture What's the amount of depreciation Note: furniture and sale of furniture is written in trial balance
latest answer
Whatever i said in case 1 is just correct follow that one only. Whenever rate of depreciation is given without word p.a. we just calculate depreciation on opening balance ignoring the time factor.
Rishi jain
CA Final
★ 1K+
7
535
Overtime - Employee costing
Costing
answered on 19-Mar-22 17:27
working hours in a day = 10 hrs No of days worked in a week = 4 days Complying with the provisions of Factories Act, 1948 Overtime worked = 1hr x 4 days = 4 hrs Am I right?
latest answer
Yes u are
Girinath A
CA Inter
★ 765
3
439
Banking companies
Accountancy
answered on 18-Mar-22 22:37
Logic behind this adjustment?? *Included in the current accounts ledger are accounts overdrawn to the extent of 25,00 Doubt: overdraft is a asset for the banking company,In question they said that it is included in the credit side of current account Which is a liability which means we have to deduct the overdraft from the current account but why they have added the overdraft in demand deposit????
latest answer
Increase
Shinisha Rose R
CA Final
★ 11K+
2
465
Overhead
Costing
answered on 19-Mar-22 11:14
Please any of them explain this question
latest answer
Which point you did not understood?
Dimple Keziya
CA Inter
★ 4K+
1
465
Overhead
Costing
answered on 19-Mar-22 08:52
Please any of them explain this question
latest answer
Ok
Dimple Keziya
CA Inter
★ 4K+
5
450
Unrecorded rent
Auditing
answered on 18-Mar-22 16:06
If we found an unrecorded rent during audit then what are further procedures
latest answer
You need to enquire and find out why it was not recorded. If it is not rectified, you need to accumulate as a misstatement.
Hai Iam Anas
CA Inter
★ 8K+
1
469
Investing cash flows
Accountancy
answered on 18-Mar-22 17:30
Pls explain the term marked in the image and provide an example for that
latest answer
Ok sir thank you
Sibi Srinivasan
CA Final
★ 22K+
3
407
buy back of securities
Accountancy
answered on 21-Mar-22 11:02
In this sum point 4. While Made up cancellation of equity shares from securities premium why market price 30 taken why not exercise price 20? And also how it can be adjusted from securities premium?
latest answer
Exercise price is 40 and FV of Option is 20 = Total is 60.
Venkatesh .
CA Inter
★ 4K+
1
461
Cost of equity
Financial Management
answered on 19-Mar-22 10:49
In this case which formula shall be taken??
latest answer
Cost of equity and cost of debt are already given. Compute weights using market values. Then compute weighted average capital using WACC = WeKe+ WdKd.
Vanathi V
CA Inter
★ 345
1
502