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Cost accounting systems- illustration 4
Costing
answered on 14-Sep-21 14:44
How 1000 in production overhead a\c and 5000 in work in process control a\c came? And why the same is transferred to costing p&l and not c/d ?
latest answer
If you simply carry forwarding these both balance you didn't able to find actual business efficiency and actual cost as well bcz here consider in costing p & l ac for knowing actual production efficiency
Sri Yoga Vishwa. P
CA Final
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IPA, 1932
Corporate & Other Laws
answered on 15-Sep-21 11:40
In the image, there is some reference given to sec 28. But where is sec 28 ? And what does talk about?
latest answer
It's ok :)
Sibi Srinivasan
CA Final
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Accounts from incomplete records
Accountancy
answered on 15-Sep-21 13:24
bills matured nd duly collected - if ntg is specifically mentioned then we consider cash i.e., cash a/c Dr To b/r a/c But in icai module it is written in bank column ????
latest answer
Practically, this is done in Bank. So use bank a/c unless it mentions cash specifically.
anusha athikamsetty
CA Inter
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Income from other source
Direct Taxation
answered on 14-Sep-21 18:49
In this ques we will give pension for 12months Or 11 months???
latest answer
11 months
Riya Goel
CA Inter
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CA Inter
Others
answered on 14-Sep-21 11:59
Recently I have passed the foundation. Now, can l register CA inter both groups for may 2022. Can I register for both groups and appear in exams for only one group? Please help me in this regard..ð???ð??»
latest answer
Undoubtedly you and your team is amazing. Love you sir.
Sai Eswar Kolli
CA Final
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Material cost
Costing
answered on 14-Sep-21 11:07
How FIFO method will lead to decreasing trend of prices???
latest answer
If company adopt FIFO method while in Decreasing trends.... FIFO Advantages in deflation trend 1. You may earn less profit because your cost of production high i.e. by issue of old stock which is purchased at higher rate means Less profit does mean less tax 2. You may purchase fresh stock at lower value in market If you are gone through LIFO method,in this case you may earn more profit not in the effect of your business activities only this is by Market based.
Gomathi K
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General doubt
Costing
answered on 14-Sep-21 10:35
Is it necessary to write narration while recording journals?
latest answer
Yes, that shows your understanding of the concept to the examiner
Sri Yoga Vishwa. P
CA Final
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Illustration no5 pg no10.29
Financial Management
answered on 14-Sep-21 12:46
What is the two approach the question is talking about...
latest answer
Thanks
Yogesh Shukla
CA Final
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Request
Others
answered on 12-Nov-21 12:59
Sir in eco all the pdf are- background colour are so high its look good in pdf but its become very distracting in printouts and getting erosion because of too much blackness pls provide background with light colours and have text asusal black coating( not a white coating with dark background) It may look good at printouts... For example i attached photos also I also take all other subjects printout, thats all are good... Pls make eco as good as other subject pdf
latest answer
Thank you sir and team indigolearn :)
Balaji R
CA Final
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Preferential creditors
Accountancy
answered on 14-Sep-21 14:39
"Owing to govt for telephone electricity and water" Will this comes under preferential creditors?
latest answer
A preferential creditor is a creditor receiving a preferential right to payment. Their claims rank higher in priority than those of ordinary/unsecured creditors. All revenues, taxes, cesses & rates payable to the government or local authority will be treated as preferential creditors provided that it must become due within 12 months before the date of winding up.
bsai partish
CA Final
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