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Cost accounting system

Costing

answered on 06-Mar-22 13:50

In which side (i.e dr or cr ) opening Bal of production o.H to be taken in production o.H control account if nothing is mentioned in question

latest answer

Generally Expenses don't have closing or opening balances, since they will be closed by transfer to the P&L A/c at the end of the reporting period. But, for your clarification, Production OH will have a Dr balance since it is an Expense to an entity.

Lakki Kamu

Lakki Kamu

CA Final

4K+

1

590

ITC

Indirect Taxation

answered on 06-Mar-22 14:08

Difference between ITC availed and ITC claimed?

latest answer

Thank you so much

Girinath A

Girinath A

CA Inter

765

2

594

Appreciation of home currency

Economics

answered on 06-Mar-22 10:14

How does appreciation of home currency affects recessionary phase&boom?

latest answer

Thank u sir

Sajeetha R

Sajeetha R

CA Final

46K+

2

676

When to Order the books

Others

answered on 06-Mar-22 09:36

Can any one suggest me when to order the ICAI books for NOV-23 attempt for a self- studying.

latest answer

You can order now. There wont be many changes

Chandu vadla

Chandu vadla

CA Final

11K+

4

718

House property

Direct Taxation

answered on 07-Mar-22 11:02

Sir situation when to compute interest as per-construction ?

latest answer

Total interest payment is divided into two. Half for self occupied and half for let out.

Pari Singh

Pari Singh

CA Inter

5

4

584

Calculator

Exams

answered on 06-Mar-22 10:09

Please list few calculators that are allowed in CA exam hall

latest answer

Thank you

Rinuja TK

Rinuja TK

CA Inter

10K+

4

614

Capital & rev..... Exp

Accountancy

answered on 05-Mar-22 20:32

amount paid to management company for consultancy to reduce work expenses can anyone tell me whether it is which type of expenditure of above .lines........

latest answer

Revenue

Balachandar S

Balachandar S

CA Inter

59K+

6

490

Fraud - Chap 5

Auditing

answered on 07-Mar-22 10:44

"Auditor may suspect or, in rare cases, identify the occurrence of fraud,the auditor does not make legal determinations of whether fraud has actually happened" What do they mean by "legal determination of whether fraud has actually happened" Sir ?

latest answer

Thank you so much.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

3

572

Amalgamation

Accountancy

answered on 07-Mar-22 14:57

At the time of amalgamation why capital reserve is considered as a liability.....Isn't it a share holder fund

latest answer

Got the ans..thank you samaira khan

Anusha narayana

Anusha narayana

CA Inter

2K+

7

553

Sales of goods act

Corporate & Other Laws

answered on 05-Mar-22 16:38

How general property in the goods can be transferred?

latest answer

General property in goods mean ownership of goods. Ownership is transferred from the seller to the buyer at the time of sale of goods.

Arshleen Kaur

Arshleen Kaur

CA Inter

2K+

1

485