Forums
Partnership
Accountancy
answered on 20-Jun-20 08:55
In partners capital account what is debting and crediting once explain about it
latest answer
Credit capital accounts with profit share, interest on capital and salaries (if not paid) and debit withdrawals
Jashwanth S
CMA Inter
★ 2K+
3
805
Introduction
Accountancy
answered on 19-Jun-20 16:08
What is difference between closimg stock and inventories
latest answer
In strict sense the words Inventory and stock mean the same. Closing stock means amount of unsold stock left in business as on a date / period end date. Just the word Inventory does not connote a meaning - it could be either opening or closing However, when you see just the word inventory in a balance sheet - it means closing inventory
Prasanth Kumar
CA Inter
★ 13K+
1
649
July inter exams
Others
answered on 19-Jun-20 06:51
Hi sir Steps to change the centre
latest answer
Log in to icaiexam.icai.org
Dharshana Rajkumar
CA Inter
★ 2K+
1
741
Goods sent on approval basis
Accountancy
answered on 30-Jan-21 15:42
Goods sent on approval basis video no.6 sir took a example in that 15june goods from customer accepted and sent approval on that he recorded that transaction my doubt is already we recorded whole goods sent on approval again why should we enter it's is already entered in past transaction
latest answer
But its a ledger Why the format is like journal??
Jashwanth S
CMA Inter
★ 2K+
4
892
Tax depreciation
Accountancy
answered on 18-Jun-20 15:58
Sir.. What is meant by tax depreciation?
latest answer
The depreciation rates are different under Income tax act and Companies Act. Tax Depreciation means, depreciation as computed under Income tax rules.
Shalini Shalu
CMA Inter
★ 300
1
693
Dilemma to Appear in July or nov
Exams
answered on 19-Jun-20 17:23
Sir, I'm already in contaminated zone(Kodambakkam, westmambalam chennai) which was already completely sealed. Now I'm in dilemma to appear exam in July or shall I choose opt out or shall I wait till July 1st week declaration
latest answer
Thanku so much sir.
Uma j
CA Inter
★ 2K+
8
838
Exemption Carry Forward
Exams
answered on 18-Jun-20 14:01
Hello sir. My friend has secured an exemption in one paper in group 2 in the last attempt. Now she has applied for group 1 only in this attempt. Now will if she appears for group 1, will it exhaust one out of the 3 attempts for which the exemption shall be carried forward. Plz answer this query sir.
latest answer
Yes
Thanush Aadithya Sakthivel
CA Inter
★ 520
1
710
Foundation law
Others
answered on 19-Jun-20 16:56
In indian partership act 1932 Relations of partners From video 27 - disdolution of order For foundation we dont hve rgt maam? R i shd refer ? Bz in tb last topic is revocation of continuing guarantee by change in firm So its necessary to watch video ? Plz let me no
latest answer
Thank you sir
Veda Raghavendra rao
CMA Inter
★ 350
5
699
Investments AS13
Accountancy
answered on 18-Jun-20 12:27
In case of AS-10 We give 1st priority to consider asset acquired value then asset given fair value then carrying amount. But why we give 1st priority for asset given up fair value In AS-13 If acquisition happens by exchanging assets (shares)
latest answer
Given up fair value is the exchange value against which such investment is made. In stead of cash you will get shares in exchange and if sold immediately will fetch the fair value in market. That's why we take the given up asset's fair value in case of acquisition of shares
Divya K
CA Inter
★ 885
1
754
Video download
Others
answered on 18-Jun-20 08:39
I want to download video on desktop site. Please how can I download? Desktop site is very buffering.
latest answer
Download option is not available on desktop. Clear cache and try.
Vaibhav Desai
CA Foundation
★ 0
1
642