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Material cost Illustration 15 doubt on full form of MRR

Costing

answered on 20-Jan-25 16:07

In the given photo transaction with date 20-9-X1. Please give the full form of MRR

latest answer

MRR means Material Received Register. when goods are received by Stores Dept., they will record in MRR.

Gautham

Gautham

CA Inter

0

1

482

How to prepare for CA final paper 6? May 24

Exams

answered on 30-Dec-23 16:37

Sir could you give suggestions as to how to prepare for paper 6?

latest answer

Conceptual understanding of Papers 1-5 and Set A & B. Practice reading case studies and solve them independently.

Vindhya Y.V

Vindhya Y.V

CA Final

17K+

1

478

MAY 24 EXAMS

Others

answered on 31-Dec-23 10:41

Hello sir is there negative marking in the mcqs for ca final under the new scheme? Also MCQs are a part of every Paper right?

latest answer

Thank you. My bad..

Vindhya Y.V

Vindhya Y.V

CA Final

17K+

7

393

Final accounts

Accountancy

answered on 29-Dec-23 09:57

If the prepaid and outstanding items are given in trial balance and not in adjustments Should we take it to the P/L A/C or not for ex the following sum

latest answer

thankyou

Divinne Fiona

Divinne Fiona

CA Inter

9K+

8

628

New scheme - May 2024

Financial Management

answered on 28-Dec-23 16:28

what the changes in FM under scheme and do i have to read the entire new syllabus material again. Kindly provide link for any pdf or video where all changes have been compiled, Thanks

latest answer

Thanks a lot sir.

Aswin Chandar

Aswin Chandar

CA Final

40K+

5

516

Query

Financial Reporting

answered on 28-Dec-23 16:44

In thus Illustration total term 14 Years, initially we calculated remeasurement at beginning of year from 7th. Later we calculating original lease payment @6% fpr 4 years only. Amendement is done at the beginning of the 7th year so we need to calculate original terms lease payments @ 6% for 6 years. Why we are calculating for 4 years Video Details Course: Ind AS - CA Final Module: Ind AS 116 Leases Section: Illustration 34

latest answer

For the original lease liability which was recognised at 6% for 10 years, 6 years have passed by and to calculate closing lease liability, we need to see how many lease payments are left - In this case it is 4. Alternatively, you can prepare a lease schedule and calculate closing liability at the end of Year 6.

Sai Krishna

Sai Krishna

CA Final

250

1

347

Debentures

Financial Management

answered on 29-Dec-23 15:42

what is dillution of control ? Video Details Course: Financial Management Module: Types of Financing Section: Debentures - Types, Advantages & Disadvantages

latest answer

When we issue more shares in our company to some one else they get more stake in the company and then they have greater voting power and hence greater control Instead of raising money by issuing shares, if we issue debentures i.e borrow money then we dont have to give away control When we give control to some one else, it means we are diluting our control

Sanjay Nandha

Sanjay Nandha

CA Inter

11K+

1

337

Investment decisions

Financial Management

answered on 28-Dec-23 14:58

In this video Bala Aditya sir took 40%for project B and calculated NPV and irr.. and compared with discount rate of 12% for decision making Instead of 40% can we take a higher percentage and calculate npv and irr... For decision making??? Video Details Course: Financial Management Module: Investment Decisions Section: Illustration 26 - MVA Ltd - Part 2

latest answer

Yes u can take.but presentation wise we need to calculate using lower pv factor only

Harish Kumar

Harish Kumar

CA Inter

180

1

377

Ind As 105

Accountancy

answered on 28-Dec-23 11:22

Is ind as 105 mandatory..that is, if an asset meets all the conditions specified in ind as 105 is it mandatory to classify that asset as asset held for sale.. Or is it just that, if u need to classify an asset under asset held for sale, the those conditions needs to be met

latest answer

No

Christeena Ambel

Christeena Ambel

CA Final

80

3

623

Manner of issuing invoice

Indirect Taxation

answered on 29-Dec-23 15:06

Supply of service: In case of job worker , the person transporting goods with delivery challan need which copy of invoice? triplicate? The job worker issues a Tax Invoice? Video Details Course: Indirect Taxes - GST (I) Module: Tax Invoice: Credit and Debit Notes Section: Rule 48

latest answer

Thank you sir

manasa preeshma

manasa preeshma

CA Inter

2K+

2

520