Forums
Ratio
Financial Management
answered on 21-Mar-22 10:25
Which is correct ?? Why In ism using this formula?? Equity also includes psc ,but why in ism ,they separately also added the PSC in this ?? Total assets?? Give formula of total assets of liability side formula??
latest answer
Different bodies have different interpretations of the ratios. Its not like mathematics where we have specific formulae.
Sathiya Bama
CA Final
★ 24K+
7
560
Suggested answer for House property sum of Dec 2021
Direct Taxation
answered on 17-Mar-22 19:02
As there is no suggested answer for that House property (Q 3c )sum of DT paper Dec 2021 can I get correct answer for that to rectify / verify my answer. Kindly help.
latest answer
Municipal taxes (90% of Rs. 4,00,000) + (1,40,000 - 25,000) = Rs. 4,75,000
Santhosh Kumar
CA Final
★ 190
9
601
One person company
Corporate & Other Laws
answered on 16-Mar-22 12:50
One person company after removing complusory conversion and voluntary conversion ..... If we want to convert opc into private company in any time if we want convented .. right are any is there.....
latest answer
Please clarify your query
Kruthika Ramesh
CA Inter
★ 650
1
514
Insurance claim
Accountancy
answered on 16-Mar-22 22:29
In this I am getting closing stock in negative can some one tell how to solve
latest answer
Ok
Pandusml V
CA Final
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7
555
Doubt
Corporate & Other Laws
answered on 21-Mar-22 13:05
Answer for this question ( refer below image) is option b I couldn't understand how right to catch fish and doors and windows of the house are immovable property...? Pls clarify...
latest answer
Right to drain water is an easement right (an easement or servitude by which one man has a right to convey water in pipes through or over the estate of another) and not a right to property For e.g a neighbour can make drain water pipes pass over the adjacent land. This for ease of dwelling.
Sri kanaga Varshini
CA Final
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4
1K+
Equation
Maths & Stats
answered on 16-Mar-22 13:24
How can they assume it is 4(N-L)²>0 as they didn't say the nature is real or distinct
latest answer
Yes sir both 4 and (N-L)²is perfect square so real, rational and distinct and my assumption for 2,2 is not possible. Thanks a lot sir
Sugam SM
CA Final
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7
714
Insurance claim for stock
Accountancy
answered on 17-Mar-22 10:24
In july 2021 Question paper, why they not taken cost price of stock for abnormal item. They have taken reduced value. In book, they have taken cost price. But, why following different approach for this sum? Anyone
latest answer
Cost of abnormal item which is included in opening stock is only 13000 Total cost is 20000 but 7000 already written off
vs navin
CA Final
★ 1K+
1
544
As 5
Accountancy
answered on 16-Mar-22 12:50
In question 2.5 for year ended 2007 the insurance claim is still an contingent asset ,how can it be considered as an extra ordinary activity for that year.It is received only during 2008 so the entry will be passed only when such claim is received
latest answer
Please post a clear picture
pradyumna hariramani
CA Inter
★ 290
1
506
Doubt
Accountancy
answered on 21-Mar-22 10:56
Why legislative changes having long retrospective application is ordinary activity.What does it mean exactly?
latest answer
For e.g few income tax provisions are made applicable retrospective. The impact of same is considered to be an ordinary activity.
pradyumna hariramani
CA Inter
★ 290
3
460
Capital gains
Direct Taxation
answered on 15-Mar-22 21:29
In the below prblm what is the SDV if not satisfied above conditions mentioned in the question whether it is on registration process date or handover date
latest answer
As 20 %received through account payee cheque we take SDV AS ON AGREEMENT DATE and but generally I mean not received through account payee cheque etc we take SDV ON REGISTRATION DATE
Lakki Kamu
CA Final
★ 4K+
1
632