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As2 conceptually what

Accountancy

answered on 04-Jan-21 15:43

Historical cost is 425000 and net realizable value is 425000 Inventory will be valued on at lower of the above cost on and NRV Now in this situation which is the most. Concept, Answer is 425000 but the first chance preference will be given to.

latest answer

It will be considered as being valued at cost.

Sultana Sultana

Sultana Sultana

CA Inter

245

1

596

Fr ind as 2 doubt. NEW MODULE FOR MAY 2021 ATTEMPT

Accountancy

answered on 30-Mar-21 15:51

Is ques. Meh 10,200 kha se aya..?? Please help

latest answer

Expected production is given.

himanshu sardana

himanshu sardana

CA Final

0

3

656

Management and administration

Corporate & Other Laws

answered on 02-Jan-21 15:26

What is the meaning of suomotu mam? please explain

latest answer

On own/ without any application or request by anyone.

KILLI VINAY KUMAR

KILLI VINAY KUMAR

CA Inter

260

1

652

Accountancy

Accountancy

answered on 10-Jan-21 16:36

Meaning of partnership Deed

latest answer

It is a document contains all the terms and conditions between the parties when enter in to business.

Ashutosh shriwas

Ashutosh shriwas

CA Inter

0

3

634

Bug problem

Others

answered on 14-Jan-21 14:07

Wheree there is a wifi I am downloading the videos of 3hours of that day while I am watching videos it's taking data for that downloaded videos once check it sir I think there is a bug problem

latest answer

Are you playing a downloaded video or trying to play online directly and turning off the internet? If the issue is not with turning on and off the internet, then please send email to support@indigolearn.com with a screenshot of the error.

Jashwanth S

Jashwanth S

CMA Inter

2K+

6

585

Bank reconciliation statement

Accountancy

answered on 02-Jan-21 12:31

If overdaraft as per pass book is given what should be treatment of dividend collected by bank 600 was recorded in passbook as 60 and cash book credited as 650. (mistake is in both cash book as well as passbook too)

latest answer

Think of it as two independent errors and adjust accordingly.

Hrishikesh Ransing

Hrishikesh Ransing

CA Final

4K+

1

618

Amalgamation

Accountancy

answered on 02-Jan-21 13:22

Sir in case of Amalgamation in nature of merger 1)can we give preference share holders in cash Or entire Either equity or preference should be in form of shares only. 2)for calculation of 90% in Second condition can we include preference shareholders sir Or only Equity shareholders form part of the 90% calculation..

latest answer

To check amalgamation in the nature of merger, you need to check equity shares only.

M Naresh

M Naresh

CA Final

3K+

2

644

Query related to exam preparation

Indirect Taxation

answered on 11-Jan-21 08:13

Is it sufficient if i follow only mcq s and notes provided in this platform and also follow past rtps and suggested answers without referring modules in jan 21 exams gst purpose?

latest answer

Yes

Venkatesh .

Venkatesh .

CA Inter

4K+

4

670

Risk of reliability

Auditing

answered on 04-Jan-21 15:38

Management send external confirmation through email but however auditor feels that external confirmation through electronic involves the risk of reliability This statement is correct /Incorrect

latest answer

In this case there is a risk of reliability. For e.g. the email id may not be genuine.

Gopireddy Damodharreddy

Gopireddy Damodharreddy

CA Inter

2K+

3

678

Statute vs. Act

Corporate & Other Laws

answered on 01-Jan-21 18:55

What is the difference between statute and act?

latest answer

both can be used interchangeably

Punitha Krishnaraj

Punitha Krishnaraj

CA Final

5K+

1

671