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Accounting for ESOPs
Accountancy
answered on 18-Jul-20 11:53
ILLUSTRATION 6 Is it not required to transfer the unvested lapsed options to the general reserve account at the end of financial year in journal entry?
latest answer
It is required
Kumar Sarthak
CMA Final
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1
711
AS7
Accountancy
answered on 18-Jul-20 11:40
"Outcome of the contract cannot be estimated" What does it mean? Does it mean that: the revenue from such cannot be measured?
latest answer
Yes. Nevertheless, it may be probable that the enterprise will recover the contract costs incurred. Therefore, contract revenue is recognised only to the extent of costs incurred that are expected to be recovered.
lakshmi kollipara
CA Inter
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682
Regarding error in puchased module video
Others
answered on 18-Jul-20 09:15
I have purchased individual modules for direct taxation and video is not opening...error is showing plzz solve this issue as soon as possible
latest answer
Please email technical issues to support@indigolearn.com and we shall resolve them
Abhilasha singh
CA Inter
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1
577
AS7
Accountancy
answered on 18-Jul-20 12:40
Can the costs incurred to secure a contract be treated as contract costs?
latest answer
cost incurred in securing a contract is basically incurring cost to get a contract. It could be for getting documents or any bonds etc
lakshmi kollipara
CA Inter
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5
662
Audit
Auditing
answered on 17-Jul-20 16:49
Is there any separate procedure required for audit of temples?
latest answer
Tnq..
Gomathi K
CA Final
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710
Query
Others
answered on 18-Jul-20 13:02
Sir you kept a ca foundation scholarship but I paid the fees before my result Is there any use if I upload my 12th marksheet now
latest answer
You purchased 2 months before the scheme was launched. Offers / scheme are run for specific time periods. We have several 100s of students who have purchased foundation with us. Some of the students purchased when there were some offers / scholarships and a lot of them without any offers / scholarships - Regret we cannot make exceptions
Prasanth Kumar
CA Inter
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3
625
Subsidary books
Accountancy
answered on 17-Jul-20 16:15
What is diff between Lf and Jf
latest answer
Journal folio and ledger folio - JF refers to Journal Folio : The page number of a particular transaction in the Journal Book. LF is the Ledger Folio:- It refers to the page number of ledger on which that particular account is. JF refers to Journal Folio:- It refers to the page number on which transaction is made in journal book.
Prasanth Kumar
CA Inter
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1
826
Subsidarybooks
Accountancy
answered on 17-Jul-20 16:17
What is diff between writing journal entries and posting into ledger and writing in subsidary books then posting into ledger
latest answer
subsidiary books are for sales and purchases. but journal books has other than subsidiary books transactions
Prasanth Kumar
CA Inter
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1
608
Calculator
Others
answered on 17-Jul-20 09:47
Sir, Which is the best calculator for CA students?
latest answer
Thank you Sir
Swetha S
CA Inter
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2
772
Charge of gst
Indirect Taxation
answered on 19-Jul-20 22:34
Notification No.2/2019 Eg:- if a person is supplying services,whose aggregate turnover 30 lakhs in the preceding financial year 2019-2020 Then, the financial year 2020-2021 he/she is eligible for this notification But if for example, then in the year 2021-2022 turnover exceeds 5000000 . In this case is he/she eligible for this notification for the supplies upto 5000000 lakhs made in that year or does he/she becomes not eligible for the entire supplies made in that year ?
latest answer
Thax
Swathi Krishna
CA Final
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6
797