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Indirect Taxation

answered on 26-May-20 10:24

In schedule 2 They given after its first occupation that means what?

latest answer

Means when you occupy

Kanaga Mani

Kanaga Mani

CA Inter

3K+

3

887

Incomplete records

Accountancy

answered on 26-May-20 08:17

In some cases we are deducting some items like PBDebts from given closing balance sheet.. And in some other qsns, we are considering that item has already deducted, How to find whether it should be deduct Or already deducted?

latest answer

Can you give reference examples you have come across

Suryaa Ss

Suryaa Ss

CA Inter

0

1

706

Accountancy - question

Accountancy

asked on 26-May-20 07:45

In some questions we are considering closing balance sheet is after deduction of some items like PBDebts, in other qsns we are Deducting from given closing balance, wherther it deducted or .. ?

latest answer

No answers yet!!

Suryaa Ss

Suryaa Ss

CA Inter

0

0

653

Composition scheme

Indirect Taxation

answered on 26-May-20 10:37

A person can provide other services other than restaurant services not exceeding 10% of turnover or Rs. 5 lakhs whichever is higher. Whether that 10% has to be calculated on aggregate turnover of a person on all India basis under the same PAN or on a turnover of each State/UT?

latest answer

Thank you

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

5

782

Composition scheme

Indirect Taxation

answered on 29-May-20 11:36

Whether a person making inter state outward supply of services is eligible under composition scheme?

latest answer

Thank you.

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

8

810

Credit provision

Accountancy

answered on 28-May-20 08:25

What is credit provision for bad debts? And how should it be treated? Should we subtract provision for bad debts from credit provision for bad debts , it is mentioned in the first line of the below attached photo

latest answer

PBD is a provision. It is reduced from Debtors in Balance sheet. If PBD balance is more than required then the excess is credited to P&L.

lithish kumar

lithish kumar

CA Final

3K+

6

1K+

Rectification

Accountancy

answered on 25-May-20 18:00

One item of purchase of â?¹ 25 has been posted from the day book to ledger as â?¹ 250. Then in trial balance purchase will have 250 debit bal and the supplier will have 25 credit bal and we will have a suspense account having credit bal of 225 So when we rectify I thought it should be Suspense account dr â?¹ 225 To purchase account â?¹ 225 But the answer in the book is Supplier a/c dr â?¹ 225 Suspense a/c â?¹ 225 Please help me to correct

latest answer

Once you post 250 in day book, the creditor account is credited by 250. Posting in ledgers happen from day book.

lithish kumar

lithish kumar

CA Final

3K+

1

1K+

Ca foundation

Others

answered on 25-May-20 17:09

I have been paid for ca foundation full course for Aug 2020 but I'm not getting any videos in my course so please find the mistake and correct it.

latest answer

Thank you sir

Brindha Ramakrishnan

Brindha Ramakrishnan

CA Inter

390

2

708

Query

Others

answered on 25-May-20 12:16

When does my courses get expire if I buy For nov2020 attempt??

latest answer

Thank u sir

Reetikaa R

Reetikaa R

CA Final

7K+

4

679

Thanks for giving us download option

Others

answered on 25-May-20 15:41

Occasionally my home's wifi connection cause problems to connect to my mobile. Now I can watch videos seamlessly after downloading them. Thank you.

latest answer

You can download 3 hours in a day. The time to complete those 3 hours for a student would be around 4-5 hours. Students can still watch online any number of hours.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

10

725