powered by logo

Forums

Department accounts

Accountancy

answered on 16-Apr-23 12:28

In this sum, there is no mention of goods transferred at profit between departments. But they have calculated stock reserve in answer key of ICAI. Kindly clarify

latest answer

Also u need to calculate gp ratio for the 2 departments

Vijay adithya

Vijay adithya

CA Inter

5K+

2

387

Dates limit

Others

answered on 16-Apr-23 12:32

Within 30 days means 30th day is also included right.....??

latest answer

Yes On or before the 30th day end The date on which event happens (from where 30days is to be counted) is not to be counted

Christo Joy

Christo Joy

CA Final

8K+

1

391

forex

AFM

answered on 17-Apr-23 13:05

illustration 30 at 12.17minute sir why are we multiplying 1st 3 month rate to next 3 month rate? we have add it right?

latest answer

Okay. Sir clear... Thankyou

nazriya nasar

nazriya nasar

CA Final

7K+

3

559

Branch accounting

Accountancy

answered on 17-Apr-23 18:50

Is this printing mistake with cash from debtors in branch account? Because in memo debtors account, it shows 125000 and also in working note. Illustration 1 Answer please

latest answer

Cash in transit remittance to ho. Not received by ho.

Nakul Dixit

Nakul Dixit

CA Final

4K+

1

448

Dividend

Accountancy

answered on 16-Apr-23 10:46

Can a company declare dividend more than the face value?

latest answer

The FACE VALUE is just ₹1, but for past 3 years it has been declaring dividend for 51, 25, 10. 👍

HEMACHANDHAR M

HEMACHANDHAR M

CA Final

2K+

8

505

Ratio analysis

Financial Management

answered on 16-Apr-23 10:43

Can anyone solve this question.. Source - MTP MAY 23 Series 1

latest answer

Yes I also think that so..okk then

Aditi Goel

Aditi Goel

CA Final

7K+

5

410

Roll number in words

Exams

answered on 16-Apr-23 10:50

How should we write our roll number in words? Like, if my number is 54321.. should I write Five four three two one or Fifty four thousand three hundred and twenty one?

latest answer

Thank u!

Sowmya Ilango

Sowmya Ilango

CA Inter

6K+

4

4K+

Unit & Batch Costing

Costing

answered on 16-Apr-23 05:47

Illustration 1 Office overheads is general admin overheads rgt ? Why have we taken it after works cost

latest answer

It is assumed as office overhead related to production activity because it is 10% of WORKS COST

Neha Baliga

Neha Baliga

CA Inter

16K+

1

461

Exam in foreign countries

Others

answered on 20-Apr-23 12:02

Can we give CA exam on foreign countries

latest answer

No.

Soniya Vadwal

Soniya Vadwal

CA Inter

5K+

3

580

Notes to accounts

Accountancy

answered on 16-Apr-23 10:03

reserves and surplus typically how to show in financial statement what is the procedure and how to make an working in notes to accounts??? what are the items I have to shown in this area which figure I should have to take could you please explain me please with example

latest answer

Reserves & Surplus is shown under Shareholders funds in the B/S. The components of B/S have to be shown in the notes to accounts.

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

1

368