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Rectification of error

Accountancy

answered on 31-May-21 11:17

A bad debt of 1,560 had not been written off and provision for doubtful debts should have been maintained at 10% of Trade receivables which are shown in the trial balance at 23,390 with a credit provision for bad debts at â?¹2,320. Plz explain.

latest answer

Will not be postponed until the institute takes a call.

Gopal Garg

Gopal Garg

CFA L1

5K+

3

5K+

Service costing ( illustration 5 icai)

Costing

answered on 31-May-21 14:12

Sir while calculating Simple average basis we are considering distance of kilometre carrying zero tonnes but in qualitative factor why we are not considering it . That is they have taken only 6 weights thereby divided with 6 .Actually why they don't count the zero and why not divided with seven.

latest answer

Where have they divided by 6? They have considered the last trip for distance as 300x2 trips includes the last part from C to A and for weight if they consider the last part of trip multiplied by 0ton it would be zero

Naresh M

Naresh M

CA Final

75

2

740

Difference between divisional and matrix structure

Strategic Management

answered on 29-May-21 11:23

What is the exact Difference between divisional and matrix structure???

latest answer

Thanks sir

Sai Teja

Sai Teja

CA Final

14K+

2

656

40(a((3)

Direct Taxation

answered on 29-May-21 17:54

As per the section, with the below scenario, 40(a)(3) applicable? Assesee have a purchase of Rs.13000 with a single bill, he makes payments by cash Rs.9000 and Rs.4000 between two days not do in a single day. In this scenario Sec.40(a)(3) applicable?

latest answer

Any rule/section/provision of law / act is read along with related case laws/ tribunal / court judgements and never in isolation

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

3

666

If there is any chance to change exam center for CA inter exam

Exams

answered on 29-May-21 11:30

I am a CA inter student staying in Coimbatore for exams but due to corona we have to go back to our hometown. So while exam dates it's very difficult to travel from my home town to Coimbatore and vice versa during covid times. That's why I am asking if there is any chance to change my exam center to my hometown.

latest answer

Thanks sir

Sivaprakasam Murugesh

Sivaprakasam Murugesh

CA Inter

5K+

2

792

Standard costing

Costing

answered on 31-May-21 14:22

I have a doubt ..... Can anyone please provide detailed answer...

latest answer

Correct

Anusree Rajeev

Anusree Rajeev

CA Final

9K+

3

679

Doubt

Strategic Management

answered on 30-May-21 17:44

What will be the answer for this question? Please provide detailed answer

latest answer

Explain what is competitive advantage. You can add some examples of how core competency can build a competitive advantage. You can give a practical example as well - Jio

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

3

674

Declaration and payment of dividend

Corporate & Other Laws

answered on 28-May-21 22:51

Isn't example 10 and 11 similar?

latest answer

Okay sir.. thankyou

Niranjana Ajith

Niranjana Ajith

CA Final

9K+

2

706

C LAW

Corporate & Other Laws

answered on 28-May-21 19:40

Sir For checking whether it is a subsidiary or not Do we have to check total voting power or total share capital

latest answer

Total Voting Power

vijay anvesh

vijay anvesh

CA Final

85

1

650

C LAW

Corporate & Other Laws

answered on 28-May-21 18:57

What is meaning of total voting power in simple words

latest answer

Total voting power. In normal situation, % of total voting power will normally be same as % of total share capital, except in a situation of shares with differential voting rights (DVRs) Don't worry, you will study about DVRs later in module Share Capital

vijay anvesh

vijay anvesh

CA Final

85

3

646