Forums
Sales rate
AFM
answered on 05-May-25 21:08
Sir, the question says that "Annual sales is expected to be 10,000 units at the rate of CN¥ 500 per unit and it is expected to rise at the rate of inflation". How can i identify that CN¥ 500 is for year 0 and not for year 1.
latest answer
Gd question We have assumed fixed exp & SP as yr zero - as per icai SM Exam Q will have greater clarity in my opinion
Nitin Raj
CA Final
★ 270
1
322
EXAM
Indirect Taxation
answered on 06-May-25 07:46
For paper 3, should we first attempt part A and then part B or can we attempt vice versa
latest answer
We can attempt vice versa
Dova Shaji
CA Final
★ 520
1
311
Restatement of Financial Statement
Financial Reporting
answered on 12-May-25 12:36
Sir, As you said @14:40 if we find out the error in year 3 related to year 2 we should restate the financial statement. For suppose if we find out in the month of December of year 3 we have been filed the financial statement with ROC of year 2 . Then how can we restate sir.? It means we have to change and again file the financial s.?
latest answer
When we present current-year financial statements, we restate the comparatives. Adequate disclosures are given for this. I have discussed one financial statement of Nirma for this.
K Vamshi
CA Final
★ 14K+
1
276
Marketable securities
AFM
answered on 05-May-25 20:04
In the question , they said that marketable securities of each company is 40L then why we took combined only 40L, is it because only acquirer part is considered
latest answer
Debt they gave sep values Mkt sec they gave combined value - that is the assumption
Hrishikesh Pradhan
Qualified CA
★ 18K+
1
300
doubt on project work
Others
answered on 05-May-25 16:31
There is question to Use sumif/sumifs function to compute sales of each product made by each sales person for the month of June. But the sheet source doesn't have month of June. So for which month should i calculate the sales of each product.
latest answer
June and july
RAGA KOLENGADON
CMA Foundation
★ 0
1
283
Rm,oh,wages
Financial Management
answered on 05-May-25 16:26
31.27 Overheads &wages are outstanding right which is current liabilities At same time payment of rm 1month credit term which before computation also sir said 675000 is current liability But Why should we wrote on current assets side
latest answer
Because production of goods takes place one month before sales and that amt is inventory
anju B
CA Inter
★ 21K+
1
282
Rm
Financial Management
answered on 05-May-25 16:25
Given that rm ----cr.term------> same month But in illustration given -------> rm purchases are on 1month credit that means?
latest answer
Yes
anju B
CA Inter
★ 21K+
2
240
May 2025 Question paper
AFM
answered on 05-May-25 11:42
Sir in Q1 (a) Why can't we take roe as r and find b
latest answer
Ok sir thank you
Sathya k
CA Final
★ 9K+
2
429
Tds
Direct Taxation
answered on 06-May-25 07:46
₹50lac is from single seller ?
latest answer
Yes
Sushmita Chowdhury
CA Inter
★ 2K+
1
294
Tds
Direct Taxation
answered on 06-May-25 07:47
Section 194P senior citizen, pension and interest, TDS rate is slab rate ?
latest answer
Exactly
Sushmita Chowdhury
CA Inter
★ 2K+
3
343