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Credit period
Financial Management
answered on 22-Sep-24 17:07
How does decrease in credit period leads to decrease in decrease in investment in debtor's-logic pls
latest answer
Say annual sales is Rs.1200 1. If you extend 1 month credit at end of year you will have 1 month sales OS - Say Rs.100 2. If you extend 10 days credit at end of year you will have 10 days sales OS i.e Rs.33.33 In case 1 you had WC of Rs.100 Compared to case 1 in case 2 you had Rs.67 extra to pay your suppliers
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
428
Not for profit organisation
Accountancy
answered on 23-Sep-24 11:14
Where should adjustment of depreciation is to be made for sports material and printing and stationary
latest answer
You can directly take the closing balance. depreciation amount is shown in Income & Expenditure account.
Sathya S
CA Foundation
★ 3K+
1
457
How to take notes
Financial Reporting
answered on 22-Sep-24 13:43
I've purchased classes from 1fin for the first time and while watching the lectures, I'm not sure what I should take notes on and what I shouldn't...could you please tell me how I should take notes so that they're useful to me while studying?
latest answer
Thank you sir
Pradeepa Narayanan
CA Final
★ 5K+
2
164
Gst
Indirect Taxation
answered on 23-Sep-24 17:33
IIMs offering courses less than 1 year taxable or not? More than or equal to 1 year taxable or exempt?
latest answer
If it is short term course which is not for obtaining qualification recognised by law then it is taxable. If the education is for obtaining qualification recognized by law then it is exempt.
Soon to be CA
CA Inter
★ 4K+
1
485
Clubbing
Direct Taxation
answered on 23-Sep-24 17:33
in case of transfer of assets to spouse no clubbing arises if the relation of husband and wife does not subsist at the time of transfer.So can we say on that point of time clubbing shall apply if the asset transfered are revocable assets?
latest answer
In case of revocable transfer of asset, clubbing provisions will apply irrespective of relationship.
Niveta Rajkumar
CA Inter
★ 6K+
2
479
Efficient Frontier
AFM
answered on 21-Sep-24 21:59
Sir, Is the efficient frontier lies in the upper portion above the line where the optimal portfolio exists or in the entire upper portion of the umbrella like structure? because at first while explaining the efficient frontier, it is said that the efficient frontier is above the line where the optimal portfolio exists and later in the video it is said that it is the entire upper portion of the umbrella like structure. So I am bit confused about efficient frontier. Is the first one in the attached image is efficient frontier or the second one?
latest answer
only above the horizontal . In second one there is no horizontal line. If it were there, the EF would be only that portion above the horizontal line
Swathi Srinivasan
CA Final
★ 380
1
220
Resources
Indirect Taxation
answered on 21-Sep-24 12:41
Sir in notes section of resources Where to find the Illustration solution
latest answer
solutions are in videos only
Sushmita Chowdhury
CA Inter
★ 2K+
1
702
LLP
Corporate & Other Laws
answered on 21-Sep-24 12:42
if the partner who ceases to exist is alive will continued use of his name in business makes him liable to the other persons in relation to llp
latest answer
No the partner will not be liable after the date he ceased to be the partner.
Niveta Rajkumar
CA Inter
★ 6K+
1
524
Balance answer
Financial Management
answered on 22-Oct-24 10:49
what about the answer of second sub question?
latest answer
We have added the video - pls check
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
241
Plant?
Financial Management
answered on 21-Sep-24 20:03
How does the plant it considered as wc?
latest answer
Why do you state that we are working on only on WC? Did faculty say that anywhere or is it your assumption? If you have a business say a provision store and say you have to buy a refrigerator, will you consider cash outflow w.r.t the fridge in your cash flow plans or not?
07- Issac Jolly-XII C
CA Inter
★ 16K+
3
579