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Changes in accounting policy
Accountancy
answered on 26-Jun-21 11:57
Why is this not a change in accounting policy? 1 st question in attachment
latest answer
Ok than you sir
Abhishek Purohit
CA Inter
★ 10K+
10
678
Indian contract act
Corporate & Other Laws
answered on 25-Jun-21 19:36
Doubt I can't understand
latest answer
Ok sir I understand thank u very much
Aswini Gorige
CA Inter
★ 7K+
2
542
Practical question no. 6 of 'Financial statements of companies'
Accountancy
answered on 27-Jun-21 14:23
Why in Notes to accounts under Long term borrowings and short term borrowing it is written as others?? I cannot find any item in question of similar amount.
latest answer
1. Ledger Balance of Other Long Term Loans is given as Rs. 22,50,000. In the additional information point 7, it is given, that Other Long term Loan includes Loan from Nixes Bank 13,80,000 and Loan from Directors 8,50,000. So, that Others is difference between 22,50,000 and (13,80,000 + 8, 50,000) 2. Same goes for Short-term borrowings. Compare amount given in ledger balances and additional info
Sambhav Singh Patel
CA Inter
★ 150
3
521
Composition scheme
Indirect Taxation
answered on 26-Jun-21 20:31
Sir, if Composition supplier makes mixed supply then which rate to be considered ? His rates prescribed in sec 10 or higher rate as per 8(b).
latest answer
Itâ??s there in Section 10(1). Please check
M Naresh
CA Final
★ 3K+
7
579
Input tax credit
Indirect Taxation
answered on 27-Jun-21 15:50
Sir in itc,in case of capital goods sold, we have to calculate credit under rule 43 or rule 40 sir?
latest answer
In general - Yes assuming that invoice for further supply is given by agent in his own name.
Likhitha Sivani
CA Final
★ 14K+
12
605
Amendments applicability
Corporate & Other Laws
answered on 25-Jun-21 10:18
Whether the amendments are applicable from notification date or effective date mentioned in the notification?
latest answer
Where effective date is mentioned in notification, from then. If no date is mentioned, then date of notification.
manideep martha
CA Final
★ 10K+
1
549
General
Corporate & Other Laws
answered on 26-Jun-21 07:55
What is mean by an enabling provision?
latest answer
Thank you sir
Mayilvizhi Maan
CA Inter
★ 6K+
2
644
Page 1.3 Illustration VII
Maths & Stats
answered on 25-Jun-21 05:20
How is rounaq's weight calculated in this question?
latest answer
His weight reduces in ratio 7:6 Meaning for every 7 kg's he reduced his weight to 6 kg His total weight divided by 7 gives you how Many 7 kg's are there Since he will reduce to 6 kg multiplied by by 6 gives his new weight
Chris Topher
CA Foundation
★ 5
1
711
Continuation of previous post
Accountancy
answered on 25-Jun-21 08:59
Shares should be 184000 right
latest answer
Yes.
Triveni Patil
CA Inter
★ 290
1
521
Internal reconstruction
Accountancy
answered on 25-Jun-21 08:59
180000 share into 2.50 each 4,50,000 but total of journal entry of E share capital 460000.....is the printing mistake??
latest answer
Equity shares should be 1,84,000
Triveni Patil
CA Inter
★ 290
1
585