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Insurance Claim

Accountancy

answered on 17-Feb-21 16:59

In Illustration 11 how do we get the amount of Uninsured Standing charges as 130000? There's no information given in the question regarding it and also in lecture no discussion was made on this point

latest answer

Thank you!!

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

9

852

S/P a/c to be used for premium on red of P.sh or not??

Accountancy

answered on 17-Feb-21 11:02

Can Security Premium A/c be used for writing off premium on redemption of Preference Shares? CA inter Grp-1 ICAI Study Mat. says they'll not use Security Premium a/c instead they have used P/L a/c.

latest answer

It wont be used.

Ishika Goel 282

Ishika Goel 282

CA Final

3K+

1

745

RTP MAY 2021

Others

answered on 17-Feb-21 04:53

will the amendments of all subjects for may 2021 exams be given in MAY 21 RTPs? can I study from the old edition of SM and depend solely on rtps for amendments?

latest answer

But updates of content in study material (non amendments) ie new concepts extra problems may not be covered in RTPs. Pls download new SM from Icai website and study from that

Ali S

Ali S

CA Final

8K+

2

645

CHANGE IN SYLLABUS

Corporate & Other Laws

answered on 17-Feb-21 04:53

there are so many changes in the new edition of SM .so do i have to buy the new editions for my may 2021 exams?

latest answer

Pls download from Icai website and check for amendments no need to buy again

Ali S

Ali S

CA Final

8K+

1

633

CHANGES AND AMENDMENTS IN ICAI STUDY MODULES

Accountancy

answered on 17-Feb-21 14:23

how can we completely know the changes in new edition of study material from that of old? what are the amendments relevant for may 2021 exams?

latest answer

In free resources

Ali S

Ali S

CA Final

8K+

4

700

Free video classes

Auditing

answered on 16-Feb-21 21:58

Sir is audit free video classes are available full syllabus ? Under old syllabus

latest answer

Here: NO YouTube: YES

Triveni Patil

Triveni Patil

CA Inter

290

1

707

Single entry system

Accountancy

answered on 17-Feb-21 12:44

Debtors a/c dr. To freight a/c What is this entry for

latest answer

If you charge freight to customer.

Reetikaa R

Reetikaa R

CA Final

7K+

3

710

Capital reserves

Accountancy

answered on 17-Feb-21 09:09

What are the uses of capital reserves,to what it be used?

latest answer

Capital Reserve is the reserve which is created out of the profits of the Company generated from its non-operating activities during a period of time and is retained for the purpose of financing the long term project of the Company or write off its capital expense in future or mitigating capital losses, or any other long-term contingencies. Capital reserve has nowhere been specifically defined in the Companies Act, 2013 or anywhere in Accounting Standards. It is not a free reserve. So it cannot be used by the company to declare dividends, to issue bonus shares, to write off accumulated losses and to write off share issue expenses.

Paidala Harish

Paidala Harish

CA Final

2K+

1

625

Regarding purchase of course

Exams

answered on 18-Feb-21 09:15

Sir I want to purchase group 2 course is there any promoncode or discount , i have came to know that recently 15% discount is finished but I didn't know it at that time . Is there any promo code please. give reply sir

latest answer

ok

Enuguru Sai Nithin

Enuguru Sai Nithin

CA Final

78K+

5

774

Mock test papers

Others

answered on 16-Feb-21 17:09

When icai release mtps for nov 21 attempt foundation ?and also rtp?

latest answer

2 months before exams

Reetikaa R

Reetikaa R

CA Final

7K+

1

621