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Financial Reporting
answered on 21-Jan-25 18:55
ILLUSTRATION 38 THERE IS NO ADDITIONAL DATA THAT SIR DISCUSSED ABOUT WAIVE OFF LEASE PAYMENT
latest answer
Okay sir
Naveen Kumar
CA Final
★ 400
2
212
BH Enterprise is a government agency recently organized around Bule hora and its surroundings to rehabilitate street children. It has five employees whose salaries are paid according to the Ethiopian calendar month. The following data relates to the month
Financial Reporting
answered on 20-Feb-26 14:26
BH Enterprise is a government agency recently organized around Bule hora and its surroundings to rehabilitate street children. It has five employees whose salaries are paid according to the Ethiopian calendar month. The following data relates to the month of Tahisas, 2001. Serial No. Name of Employee Basic Salary Transportation Allowance Overtime worked(hr) Duration of OT Work 01 Abraham Getu Br. 730 200 4 6:00-10:00 P.M 02 Bekuma Jirra 1020 ____ 8 Sunday(8:30 – 5:30) 03 Meymuna Hunduma 5300 ____ ____ ____ 04 Tweodros Alemayehu 1470 ____ ____ ____ 05 Yetimwork Kebede 950 ____ 6 Public Holiday Additional Information: The management of the enterprise usually expects a worker to work 40 hours in a week and during Tahisas there are four weeks. There were no absentees during the month All employees are permanent except Tewodros and Yetimwork. Bekuma agreed to contribute monthly Br. 300 from his salary as a monthly saving in the credit association of the enterprise. Required: Prepare a payroll register (sheet) for the enterprise for the month of Tahisas, 2001. Record the payment of salary as of Tahisas 30, 2001 using check stub No. 0123. Record the payment of the claim of the credit association of their enterprise on Tir 1, 2001. Use check stub No. 0124. Record the payment of the withholding taxes and pension contribution to the concerned government body on Tir 5, 2001. Compute and recognize the total payroll tax expense for the month of Tahisas, 2001.
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Thanks, it is nice information!
barudin hasen
Qualified CMA
★ 0
2
157
test in as 10
Accountancy
answered on 21-Jan-25 11:38
on 12th question the given options are wrong and the given explanation is also wrong. explanation provided on the question: Net book value after 3 years before revaluation is ₹4,100,000 ((4,000,000 + 400,000 + 200,000) - ((4,600,000 / 10) * 3)). Revaluation surplus is ₹5,500,000 - ₹4,100,000 = 14,00,000 but actually its not 4100000 its 3220000 so the ans is not in the given option please verify and crt it
latest answer
thanks sir
N.V Karthikeyan
CA Inter
★ 1K+
2
231
march sti
Financial Management
answered on 20-Jan-25 21:31
but in march shirt term investment is given 200????
latest answer
PLs watch full video, go through notes where solution is provided if you have any doubts and then even then if not resolved pls ping here.
Saniya Balekai
CA Inter
★ 285
2
215
op cls
Financial Management
answered on 20-Jan-25 21:14
cl dr of jan is -2600 but op of d=feb is +2600 how?
latest answer
Debtors is not -2600 it is + 2600 only in order to compute collections, we took op + sales - closing
Saniya Balekai
CA Inter
★ 285
1
213
Exchange Margin
AFM
answered on 20-Jan-25 21:28
Sir Can you explain the Concept of Exchange Margin? In this Sum when the Buyer Cancels the contract, the Banker sells USD at Spot right? The Banker will get 65.96 or 65.8950 when they sell at Spot Market?
latest answer
Mostly yes
Mohanbabu N
CA Final
★ 3K+
5
301
SPOM applicability
Exams
answered on 21-Jan-25 09:23
Sir, I have completed my CA Intermediate in July 2021, Done registration for CA final exams on 21/11/2023 And I cleared my Set A and B SPOM tests as I had written exam for Nov 24 I wanted to know about the applicability for SPOM set C& D for the May 25 final exams
latest answer
Not applicable.
Divya InnanI
CA Final
★ 0
2
316
Cost of Capital - Market Price or Issue Price?
Financial Management
answered on 20-Jan-25 19:29
In Illustration 3, ICAI has used market price in place of net proceeds even though the issue price of debentures is given. Just to clarify, whether it's equity shares or debentures, if market price is given, that should be
latest answer
Will do sir, thank you so much!
Vishnu Muraleedharan
CA Final
★ 32K+
3
357
Why are we multiplying with (1-5.3%) and not directly with -5.3%
AFM
answered on 20-Jan-25 19:06
Why are we multiplying with (1-5.3%) and not directly with -5.3%. I am confused, please explain.
latest answer
Negative return
Manu Jacob
CA Final
★ 6K+
1
284
1FIN study material
Others
answered on 24-Jan-25 12:47
If i order audit study material for may 25 , Will i get colour study material or black and white study material ?
latest answer
You can take colour print by downloading Audit book pdf from Resources option
Sai Akash rockster
CA Inter
★ 5
4
309