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Insurance claim
Accountancy
answered on 26-Feb-20 17:57
Sir, in this they add firefight exp after apply of average clause but as per theory we have to deduct the fire fight expenses from salvage value
latest answer
Fire fight expenses is generally deducted from salvage value.
subramanyam yendakuarthi
CMA Final
★ 4K+
1
923
Preliminary expenses
Accountancy
answered on 24-Feb-20 22:26
Should we account for full amount of preliminary expense in year 1 or charge it over a period in p&l ?
latest answer
Okay sir
Raviteja Kusumanchi
Qualified CA
★ 42K+
2
876
Preparation of financial statements
Accountancy
answered on 24-Feb-20 22:26
Can we disclose interim dividend as finance cost instead of showing as an appropriation out of profits ?
latest answer
Okay sir
Raviteja Kusumanchi
Qualified CA
★ 42K+
2
697
Final registration
Exams
answered on 24-Feb-20 11:10
Can i go with final registration qualifed inter 400 exactly and applied for certified copies in RTI or should i wait
latest answer
Thank you sir
Kiran R
CA Final
★ 30
2
832
Computation of total income
Direct Taxation
answered on 26-Feb-20 17:46
It's not there
latest answer
In First week of March.
Janahith Reddy
CA Inter
★ 12K+
4
762
Examination purpose
Corporate & Other Laws
answered on 24-Feb-20 06:01
Sir, Is it necessary to write monetary limits in examination
latest answer
For penalty, you need to mention.
POORNA GORRELA
CA Final
★ 16K+
3
810
Departmantal accounts
Accountancy
answered on 24-Feb-20 05:59
Sir, in case of un realized profits in opening stock or closing stock, stock reserve account should be credited or debited respectively with that portion of un realized profit. In which account should stock reserve account is credited or debited. TRADING ACCOUNT OR P/L a/c. Sir saidp in different questions at two different places
latest answer
IndigoLearn
Star Ca
CA Inter
★ 3K+
3
795
AS 29 Meaning of Provision
Accountancy
answered on 24-Feb-20 06:13
In the annexed pictures, there is a meaning of Provision and a case study. In the given case study, amount is clearly provided and thus as per definition we didn't apply any substantial degree of estimation, then how come we are Calling it as a Provision? Pls explain.
latest answer
Your understanding is correct. It would be a liability once the amount is ascertained. However, at times in cases of environmental damages etc, the amount incurred may be more than the original estimate. Hence could be called a provision as well.
Rahul Sharma
CA Inter
★ 3K+
1
1K+
INSURANCE CLAIMS
Accountancy
answered on 02-Mar-20 22:20
Which expenses of these following expenses are treated as insured standing charges expenses
latest answer
Yes sir normal g/p means = net profit+ insured standing charges. #g/p for additional expenses is g/p%on adjusted annual turn over. Satya.. Sir clearly. Am i correct
subramanyam yendakuarthi
CMA Final
★ 4K+
13
1K+
Basic Concept of Permutations and Combination
Maths & Stats
answered on 23-Feb-20 10:57
10 examination paper are arranged in such a way that the best and worst papers never come together. The number of arrangement is
latest answer
First find out total number of ways to arrange 10 papers. Then find out number of ways in which both are always together i.e. considering best and worst papers as one unit. Subtract 2 from 1.
priya dhanba
CA Foundation
★ 0
1
735