Forums
Application for certified copies through RTI
Others
answered on 16-Feb-21 14:09
I can't able to go through payment page .
latest answer
There might be some issue with text of application. Please check FAQ 4, 8 here: https://blog.indigolearn.com/2019/09/10/faq-on-certified-copies-under-rti/
D square
CA Inter
★ 550
4
559
Role and Functions of Cost & Management Accounting
Costing
answered on 17-Feb-21 11:03
What's the difference between the "role of cost and mgt accounting" and "functions of cost & mgt accounting". In the study material, the points covered under both are very similar - Ascertaining cost to bases and standard setting Assisting the Management by providing info for decision making Assisting in control of business activities
latest answer
Its like Role of an Actor - Act in movies Function - Acting These are related.
P H Ananthakrishnan
CA Inter
★ 175
1
885
For AS-4
Accountancy
answered on 16-Feb-21 11:30
Can we draw a timeline for date of events on the exam paper?
latest answer
Yes
Kishore Anil
CFA L1
★ 2K+
1
641
Ratio analysis 6th illustration
Financial Management
answered on 16-Feb-21 14:04
Hello sir , in illustration 6 of ratio analysis, in the accounting information they mentioned about the stock of finished goods but while calculating the works cost in cost sheet in module sir considered closing stock of finished goods as zero and in the p/L account also sir didn't mention about the closing cost of finished goods . My question is why we didn't consider the stock of finished goods while computing workscost and why we didn't mention about stock of finished goods in trading and p/L account??
latest answer
In works costs and Trading & P&L account we are directly taking gross profit & net profit respectively. The GP & NP numbers are arrived at after adjusting for closing stock. hence you are not required to use them in these statements. however the closing stick of RM & FG are required in BS where they are shown as part of current assets and also to compute cash balance
Rushitha Puvvada
CA Final
★ 5K+
1
696
Redemption of preference shares and buyback of equity shares
Accountancy
answered on 16-Feb-21 11:31
Instead of the redemption and buyback of preference and equity shares,like in the case of redemption of debentures,can the company buy those shares in the market ?
latest answer
Even if they buy from market, it would be treated as buyback.
Paidala Harish
CA Final
★ 2K+
1
592
How are the operating and non oprating expenses are decided
Accountancy
answered on 17-Feb-21 10:59
How are the operating and non oprating expenses are decided for preparation of profit and loss account What is the of segregatting
latest answer
No
nisam M
CA Final
★ 23K+
3
701
Differemce between direct and indirect expenses
Accountancy
answered on 17-Feb-21 08:31
For the prepration of trading and profit loss account how we decide an expense is direct or indirect expenses , like transporation expenses
latest answer
Profit and loss account are indirect expenses
nisam M
CA Final
★ 23K+
4
1K+
Notes update
Indirect Taxation
answered on 16-Feb-21 10:41
When will be the updated notes of GST for may21 will be available on free notes section
latest answer
Working on it Will be updated in next 2-3 days
UTKARSH RAI
CA Inter
★ 730
1
810
On Page 10.33, Insurance Claim for Loss of Profit
Accountancy
answered on 18-Feb-21 10:42
Illustration 8, why is gross profit divided by adjusted annual turnover and not previous financial year's turnover like we do in most cases?
latest answer
The total of adjusted standard turnover (given in the question)
Kishore Anil
CFA L1
★ 2K+
3
622
Bank balnce
Accountancy
answered on 15-Feb-21 21:25
What does this mean ,bank balance ( cr) ?? Is it overdraft or balance?? State with reason
latest answer
No mention.
Reetikaa R
CA Final
★ 7K+
11
848