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Rectification of errors

Accountancy

answered on 10-Dec-24 07:05

Goods worth Rs 1000 were sent on sale or return basis to customer and entered in the sales book. At the close of the year the customer still had the option to return the goods . The sale price was 25 Percentageabove cost

latest answer

Thank you sir

Bindhupriya S Bindhupriya S

Bindhupriya S Bindhupriya S

CA Foundation

2K+

2

266

Baggage

Indirect Taxation

answered on 09-Dec-24 11:34

Sir what if a passenger purchases Platinum or Diamond Articles?

latest answer

Same concept. Only the benefit of GFA i.e., General free allowance would apply.

P AKSHAYA

P AKSHAYA

CA Final

260

1

233

Types of evidence

Auditing

answered on 09-Dec-24 18:27

In material Visual evidence Oral evidence All these are not available in physical copy

latest answer

Will check it, its a part of SA 500. evidence classified based on nature- oral, visual and written

Eswar Aakash

Eswar Aakash

CMA Final

57K+

3

531

MCQ- INDAS 34

Financial Reporting

answered on 09-Dec-24 22:19

Sir. Could not understood it's calculation, my calculation is getting somewhere wrong .

latest answer

Okk understood sir !!

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

4

453

MCQs- Indas 34

Financial Reporting

answered on 09-Dec-24 21:56

Sir , Q1 and Q5 both are contradicting itself. How it can be correct. Kindly explain the correct answer and treatment.

latest answer

Noted Sir, Thank You

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

2

495

18:03 to 18:10 u says profits of 12500 kaha se aaya sir

Accountancy

answered on 09-Dec-24 15:51

18:03 to 18:10 u says profit of 12500 kaha se aaya sir

latest answer

Consider it 10,000

R G

R G

CA Inter

9K+

1

478

Sorry not 1500 it's 12500

Accountancy

asked on 08-Dec-24 15:09

Sorry not 1500 it's 12500 kaha se aaya sir

latest answer

No answers yet!!

R G

R G

CA Inter

9K+

0

732

Charges-Composition scheme

Indirect Taxation

answered on 09-Dec-24 11:35

Why in Q14 ,section 10(2A ) doesn't apply As the turnover in the PFY is within the prescribed limit (i.e,50 L) Why composition scheme is not available for the assess

latest answer

Notification has been brought into ACT by inserting Section 10(2A). It is outdated answer.

Ramya Nagarajan

Ramya Nagarajan

CA Final

1K+

1

445

Deduction

Direct Taxation

answered on 09-Dec-24 11:47

Sec 80DD & 80U A person has incurred only 50000 towards disabled person( Severe Disability). Still he will be eligible for deduction of 125000 right? If Normal Disability then 75000 right?

latest answer

Ok.

Soon to be CA

Soon to be CA

CA Inter

4K+

2

437

doubt

CFA

answered on 08-Dec-24 16:57

what is the equation and slope of sml

latest answer

SML In equation form is CAPM Slope = (mrp)

Kaarthick Abishek

CFA L1

0

1

495