Forums
Bailment
Corporate & Other Laws
answered on 08-Mar-21 13:48
How is bailment for bailorâ??s use? Is it not always for baileeâ??s use? See point 1
latest answer
No, not always for bailee's use. Giving car for repairs, shirts to tailor for stitching etc. - in such examples the use is meant for bailor only.
Aman Mahajan
CA Final
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Bailment
Corporate & Other Laws
answered on 08-Mar-21 13:41
Why cant bailment be made by symbolic delivery ?
latest answer
Because in such cases, possession of the goods don't change.
Aman Mahajan
CA Final
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586
Liquidation
Accountancy
answered on 09-Mar-21 10:31
Sir in liquidator remuneration amount realised on asset which is secured by laiblity does he gets remuneration on total asset realised or only for surplus amount after paying such secured liability ??
latest answer
If that asset is realised by liquidator (and not by receiver) and nothing else is mentioned in the question, he may be given remuneration on the amount that asset realised. Please give a note to the same effect.
Enuguru Sai Nithin
CA Final
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Ch 1
Accountancy
answered on 10-Mar-21 14:38
Accountant s role in an industry is to work with the departments and improve its efficiency. Am I right??
latest answer
Mostly. It can't be generalized however. As you progress further in your course / studies, you will discover better.
Reetikaa R
CA Final
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Ratio Analysis
Financial Management
answered on 08-Mar-21 13:18
In this question we have closing stock of Finished goods so why have we taken COGS = Works cost? Shouldnt that be added back to arrive at works cost?
latest answer
Opening stock + Purchases - Closing stock = COGS. In the question, since we do not have details about purchases and opening stock, we considered COGS as works cost. But if you intend to take closing stock on the credit, the works cost will be reduced with the closing stock amount and shall be debited. It is just an alternative. You need to give a note in the exam stating the same formula mentioned above and your assumptions on the same.
Priyanka Udeshi
CFA L1
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624
Ratio Analysis
Financial Management
answered on 08-Mar-21 19:51
In case of Net profit margin should both the answer ie 8.9 & 11.1 have to be written? Also in case is ROA what amount is used in the numerator can you please explain it Can we use ROA = Net Profit/ Total Assets? If yes do what note should I write for it?
latest answer
EBIT x (1-T)/ TOA
Priyanka Udeshi
CFA L1
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584
Account
Accountancy
answered on 07-Mar-21 23:40
Purchases account is real or nominal ...in module it is written as real nd somewhere nominal and purchase return also
latest answer
Thank you so much...
Amisha Mahajan
CA Foundation
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6
758
Individual module
Others
answered on 08-Mar-21 13:48
Can the individual module be accessed in laptop???
latest answer
chrome browser www.indigolearn.com
Aakash Raja
CA Final
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634
Register
Corporate & Other Laws
answered on 07-Mar-21 18:47
Is It NOT NECESSARY for the company to maintain register of its members because their shares are in demat form,and depository is already maintaining it.
latest answer
Registrar* and Transfer Agents
Sai Teja
CA Final
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2
679
Study tips
Information Systems
answered on 09-Mar-21 10:27
Sir, can u suggest some good steps to write itsm answers. Whether it s true that exact words in the text to be written Except those technical terms.
latest answer
Very useful tips sir.. Thanks a lot
Sajan Gangadharan
CA Final
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