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Sequence of videos
Accountancy
answered on 09-Jan-21 08:58
Sir, what is the sequence in which I should be studying chapters for CA Inter?
latest answer
For respective subjects In the order in which we have given them in our videos. For which subject to start first. Watch 1st chapter of all subjects and then Choose 1 theory and one practical subject and start off
Aman Mahajan
CA Final
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Replacement cost basis
Accountancy
answered on 11-Jan-21 10:43
If finished goods are sold below cost, Raw material should be valued at replacement cost basis. What is the logic behind it?
latest answer
Generally a company does not sell raw materials. So as an alternative replacement cost is used. Which is the best available evidence of realisable value. (Assuming that the company could sell the asset at the price it would currently pay to buy)
Aman Mahajan
CA Final
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633
Replacement cost basis
Accountancy
answered on 09-Jan-21 18:39
How are liabilities valued at replacement cost. give examples
latest answer
Liabilities are valued at settlement value.
Aman Mahajan
CA Final
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586
A small thought/suggestion
Others
answered on 09-Jan-21 14:34
Dear Team IL, Students who buy a full group or both group classes may be given an option of paying on EMI basis, just like any other loan facility and i'm not saying that it should be interest free. Or a tie up can be done with someone like Bajaj Finance where dealer gets the payout and Bajaj recovers from the customer. Because many students or their parents have limited resources. A part can be allocated from the income every month instead of a chunk at one go. This will help them to a great extent. Just a thought came to my mind, so thought of posting it, hoping that it may be considered.
latest answer
We would be grateful for your kind efforts sir
Deepak Gupta
CA Inter
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3
620
Matching concept
Accountancy
answered on 08-Jan-21 12:12
How are bad debts an exception to the Matching concept?
latest answer
There is only expense/reduction in value of an asset. Income would have been recognised earlier.
Aman Mahajan
CA Final
★ 19K+
1
566
Insurance Claims
Accountancy
answered on 08-Jan-21 10:34
if trend percentage not given in the insurance claims sum, then what should do and how to calculate trend percentage?
latest answer
Generally it would be given. Or by looking at sales for different years given in question, we can compute. If you have a specific question, let us know, we will help you out.
Parthiban S
CA Inter
★ 430
1
672
Rectification entry CA foundation
Accountancy
answered on 08-Jan-21 13:46
Q4 of rectification chapter (vi) adjustment - Goods worth 1,000 were sent on sale or return basis to a customer and entered in the Sales Book. At the close of the year, the customer still had the option to return the goods. The sale price was 25% above cost. also , it is a prior period adjustment why is it that we debit inventory and not the profit and loss adjustment a/c for the full sales amount recorded in the books in the previous year ?
latest answer
alright , understood . Thank you , sir
Siddharth Kulkarni
CA Final
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4K+
Strategic Management process
Strategic Management
answered on 09-Jan-21 14:13
Can I Say Strategic Intent = Vision + Mission + Business Definition + Business Model +Goals and objectives sir or Each aspect is different and not a component of Strategic intent
latest answer
Yes
M Naresh
CA Final
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2
663
Solved paper of Nov 2020
Direct Taxation
answered on 08-Jan-21 20:14
Solved paper of nov 2020
latest answer
Thank you ð??¥
sivashankari 2000
CA Inter
★ 0
2
713
Strategic management process
Strategic Management
answered on 08-Jan-21 15:55
Sir if management makes strategic Decision making there is significant effect on entire organisation. Does it affect on SBU 'S of organisation sir
latest answer
Yes.
M Naresh
CA Final
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1
682