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Inventory
Accountancy
answered on 09-Nov-21 09:20
How to solve this types of questions
latest answer
Tq �
Khushi Baghel
CA Inter
★ 1K+
4
547
Doubt in partnership illustration ca foundation
Accountancy
answered on 06-Nov-21 10:08
In this Illustration eight and seven from calculating sacrifice ratio one person is coming negative means gain na then clearly one person is gaining and other person is losing .. in illustration 7 page 8.45 it should be c's capital ac dr To a's capital ac na why is entry Reverse same in illustration 8 also
latest answer
Account of gaining partner is debited and sacrificing partner credited.
Harshitha Kalidindi
CA Final
★ 51K+
3
500
Due date of filing returns
Direct Taxation
answered on 04-Nov-21 12:52
Whether the c point is talking about working partner or the firm? Who has to file return on 30th sep?
latest answer
As an individual he would file return
Christeena Ambel
CA Inter
★ 5K+
5
562
NPO
Accountancy
answered on 06-Nov-21 10:03
There is a difference of Rs.100 in both Surplus and Balance Sheet. Surplus = 34400 and Balance Sheet = 86900 . Is my answer wrong or Printing mistake ? Please Help Sir
latest answer
You should put a note that furniture is considered to be bought at the starting of the year. Looks like, they have taken half year depreciation and hence, the difference of Rs. 100
Aditya Birla
CBSE XI
★ 4K+
5
681
Exam Declaration Form Dec 21
Exams
answered on 05-Nov-21 11:17
Sir I have sent Exam Declaration form to ICAI BKC Branch MUMBAI via Speed Post on 6/10/21. But On Exam Website Photo And Signature are not Showing. Delivery is accepted By Branch.what should I do now.
latest answer
PLs check with ICAI helpdesk
Devendra Rajput
CA Inter
★ 425
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764
BCK
Others
answered on 04-Nov-21 07:57
How to study ca foundation BCK 3RD CHAPTER??
latest answer
Thanks my friend
FAYIS CK
CA Inter
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4
573
Consignment
Accountancy
answered on 04-Nov-21 06:28
Pls explain the question.
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Thank you so much
Sibi Srinivasan
CA Final
★ 22K+
2
599
Accounting standards
Accountancy
answered on 09-Nov-21 14:44
1. Why is short term investment in liquid equity shares not considered as cash equivalents? 2.Treatment of these items in Cash flow statement with explanation:- a) Tds on interest income earned on investment made b) Tds on interest earned on advance given to suppliers Kindly help me to solve these doubts
latest answer
Its a cash flow. Like mentioned earlier, two approaches can be taken if taken as operating cash flow there wont be any adjustment to be made further But if it is categorised as investment or financing activity then adjust net profit and show it under the respective head.
Pushkala S
CA Final
★ 3K+
7
1K+
Redemption of preference shares ( crr requirement)
Accountancy
answered on 09-Nov-21 14:43
Sir, in this example we have have to issue 2500 ( face value of rs 10 and premium of rs 10) shares for crr requirement but we have a shortfall of 5000 fund so we issue 2750 shares ( face value of rs 10 and premium of rs 10). Can we issue 2500 shares ( ( face value of rs 10 and premium of rs 12) sir my doubt is instead of increasing number of shares for fund requirement can we just increase premium of rs 2 since crr requirement is already satisfied? Video no. 8 of redemption of preference shares chapter
latest answer
Thank you sir
Balamurugan V
CA Final
★ 52K+
2
478
Partners remuneration
Direct Taxation
answered on 16-Feb-22 09:44
How to calculate remuneration when there is loss and not book profit
latest answer
Suppose book profit is Rs.90000, remuneration would be Rs 81000 (90% of 90000) or Rs 150000 whichever is higher, therefore remuneration would be allowed upto 150000. However, remuneration allowed shall not exceed the remuneration paid. For example, actual remuneration paid is 50,000. Then deduction shall be Rs. 50000. The same applies if the book loss is Rs. 90000. Ignore the negative and compute the rest.
Sajan Gangadharan
CA Final
★ 9K+
7
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