Forums
RCM
Indirect Taxation
answered on 02-Nov-23 18:15
What is main big difference between business entity and body corporate. It's very much confusing with respect to rcm provisions. Please suggest any trick to remember sir.
latest answer
Business entity means any person carrying on business which covers Individual also. Body corporate covers only companies
Sirikonda Swathika
CA Final
★ 4K+
2
430
Working Capital Management
Financial Management
answered on 01-Nov-23 20:09
Estimation of net working capital, MTP oct 22, ques 1.a * While computing Closing WIP stock , can we assume 50% completion in conversion cost, though they have not mentioned in the question? *Why did they considered Selling and distribution OH to compute the stock of Finished Good ?
latest answer
Thank u sir
kowselyaa G
CA Final
★ 2K+
4
359
AS11
Accountancy
answered on 01-Nov-23 15:29
Does integral foreign operations and non integral foreign operations have same rates for below stocks? Opening stock-opening rate Closing stock -closing rate
latest answer
Yes
Ujwal Reddy
CA Inter
★ 7K+
1
331
As- 2 ; Valuation of inventory
Accountancy
answered on 01-Nov-23 15:40
Why the purchase is 10200 kg instead of 10000
latest answer
Same like in image There was an printing mistake That is not purchase it's consumption
Gungun Lahoty
CA Inter
★ 325
7
369
Working capital requirements
Financial Management
answered on 01-Nov-23 19:59
In mtp nov 21, How they have arrived at 150000 debtors? And bank overdraft ?
latest answer
you have to share full Q
kowselyaa G
CA Final
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1
378
QnA
Accountancy
answered on 01-Nov-23 17:31
It should be level 4 entity na..is this ans correct???. Plz explain
latest answer
Yes
Rifhat Khan
CA Inter
★ 28K+
3
371
Estimation of Working Capital requirements
Financial Management
answered on 01-Nov-23 20:07
In April 22 mtp, They have given ‘’creditors are paid through net banking and all other expenses are incurred in cash which is withdrawn from bank”.. What does that mean.. does it have any impact on the solution?
latest answer
working on how cash withdrawal cost is used is provided in the solution
kowselyaa G
CA Final
★ 2K+
3
413
Cash flow statement
Accountancy
answered on 01-Nov-23 15:25
Relating to capital grant received why did we have taken grant in financing activity , can we take in operating activity can we do that
latest answer
Ok sir thank you I thought it being an extra ordinary item we can write in operating also
KOWTICA VIKAS
CA Inter
★ 85
4
423
Chapter 14 incomplete records
Accountancy
answered on 02-Nov-23 12:54
In this they gave closing balances but eventhough they reduced the depreciation why!? How did they find its closing balances is without depreciation? Illustration 5
latest answer
Closing balance is without depreciation.
Ramya Navanitham
CA Final
★ 75
1
466
Doubt
Direct Taxation
answered on 02-Nov-23 18:11
I have 2023 and 2024 classes for DT which should I refer
latest answer
2024 classes
HariPriya C
CA Final
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4
405