Forums
Is there Negative mark of mcq
Exams
answered on 03-Dec-24 00:06
Is there any negative mark for mcq in Jan 2025 attempt for any paper in ca intermediate level... can someone please clear this doubt
latest answer
No
Sree Sree
CA Final
★ 3K+
1
659
Operating period
Financial Management
answered on 03-Dec-24 15:29
The question is what is operating period... So the answer will be 140 days right
latest answer
No. Operating period and net operating cycle both are same. You have to deduct credit payment period
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
517
Total cost why
Financial Management
answered on 03-Dec-24 19:22
Here in this question why did we considered profit instead of consideting total cost for computation of debtors..... Can i always take total cost as we are considering working capital requirements!!
latest answer
Generally, we use Balance sheet numbers (debtors which includes profit element also) to compute working capital, unless the question specifically says not use
07- Issac Jolly-XII C
CA Inter
★ 16K+
4
314
Doubt
Financial Management
answered on 02-Dec-24 21:24
I actually didn't understand = Rmc + op wip - cl wip = goods produced Kindly please break this for me to get
latest answer
some amt of rm consumed goes to wip and is stuck there bal comes out as fg some fg produced also has goods produced from op wip above formula adjusts for both
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
528
170 general reserve doubts clear now no doubts
Accountancy
answered on 03-Dec-24 14:25
170 clear no doubts now understand
latest answer
Available under profile
R G
CA Inter
★ 9K+
2
632
Sir please clear general reserve set off 170 or 250
Accountancy
asked on 02-Dec-24 20:13
Sir please clear General reserve set off 170 or 250
latest answer
No answers yet!!
R G
CA Inter
★ 9K+
0
324
Right issue sum
Financial Reporting
answered on 02-Dec-24 22:23
Sir in that while calculating weighted average no of shares outstanding for 20X2 shall we compute the no of shares in another method ie considering 18,00,000 for whole year but answer is not coming
latest answer
Pls share your working
Miradevi S
CA Final
★ 16K+
1
602
Elimination of depreciation, and transfer of excess depreciation to retained earnings.
Financial Reporting
answered on 03-Dec-24 14:04
Sir, (i) Timestamp: @ 14:56 Should we have done the similar elimination at the time of first revaluation (Y3) for Rs. 9,000 (Rs. 3,000 X 3) also? (ii) Are we supposed to pass the entry for transferring excess depreciation of Rs. 422 (Rs. 3,422 - Rs. 3,000) to retained earnings, with respect to Y4 in this type of questions?
latest answer
1. Yes. 2. Not required unless asked in question.
Denz Philip
CA Final
★ 10K+
1
294
Derecognition of PPE
Financial Reporting
answered on 02-Dec-24 22:23
Can we transfer the gain or loss of PPE into profit or loss at the time of derecognition of PPE.
latest answer
If classified as held for sale only loss is recognised. You will understand in 105.
Poluru Penchalaiah
CA Final
★ 12K+
3
196
Input tax credit
Indirect Taxation
answered on 09-Dec-24 11:40
How much ITC win the enterprise can availed? Solution
latest answer
ITC on inputs and also CG can be claimed. In case of CG, ITC shall be reduced by 5% per quarter or part thereof.
Naina 74
CA Inter
★ 0
2
514