Forums
ITC claim
Indirect Taxation
answered on 09-Feb-23 22:34
The individual which is a end consumer of goods does not have the facility to avail ITC claim , but why the entity having course of business has the facility to avail ITC on capital goods , which the business entity will be using in their operations ? Means the business entity is also end consumer here ?
latest answer
Okay
Anirved Rahatgaonkar
CA Inter
★ 0
4
387
Charitable hospital disclose in balance sheet
Accountancy
answered on 24-Feb-23 20:30
If a company has a charitable hospital so under which head it is to be disclosed in balance sheet
latest answer
Ok means achieving the objectives of company is considered as return on investment (other benefits)
Atharv Sankliya
CA Final
★ 3K+
34
689
Material
Costing
answered on 10-Feb-23 08:46
Why Ism taken 5 units @5.75 because question given as material from M&Co?
latest answer
Where has it been shown that it is taken at 5.75
Kamal Kumar
CA Inter
★ 7K+
2
474
FIND THE SOLUTION
Corporate & Other Laws
answered on 11-Feb-23 01:00
Mr. P draws a bill of exchange of 75,000 on Mr. Q, who accepts the same and returned to former. Later Mr. P endorsed the instrument in favour of Mr. R in settlement of an amount of 60,000 payable to him after recording the fact on the back of the bill that 15,000 has been received by Mr. P as a part payment of the bill. On maturity, Mr. R presented the bill for payment but it was dishonored. Discuss whether the endorsement of the bill by Mr. P to Mr. R is valid as per the provision of the Negotiable Instruments Act, 1881.
latest answer
MR AJ
TARGET CMA
CMA Inter
★ 1K+
5
652
AS-13
Accountancy
answered on 09-Feb-23 22:15
Does AS-13 include investment in share of sec 8 company??
latest answer
Yes
Atharv Sankliya
CA Final
★ 3K+
7
487
Ind AS 23
Financial Reporting
answered on 15-Feb-23 14:43
In Illustration 14, we can also assume the expense of 54L for advance is not related to acquiring Qualifying assets and hence we cannot capitalise such expenditure?
latest answer
The overall context of question is for modernisation and also the dates point to the same. We can assume that these are separate assets and not qualifying, but that would be extreme assumption in this context.
Himanshu Somani
CA Final
★ 97K+
5
466
Ratio analysis - Trading and balance sheet
Financial Management
answered on 09-Feb-23 18:09
In this question Why we're writing closing stock of Finished goods only in balance sheet But Not on the credit side of the trading ac?
latest answer
Thank you
Vijay Ramesh
CA Final
★ 985
4
460
Answer of YTM method
Financial Management
answered on 09-Feb-23 22:52
Sir, in Ch 4, while calculating Kd using YTM method, I got the answer as 6.18%, but the book answer is 6.45%. Is the difference due to approximation allowed? Will I get marks if my answer is nearer to the suggested answer?
latest answer
its depends on examiners , most of the times difference between your answer and suggested answer is negligible then allot marks otherwise you wont get marks
Varshaa M
CA Final
★ 35K+
1
396
Competitive advantage
Electives - Final
answered on 11-Feb-23 11:24
1)Paper 6F is a mixture of all subjects. Can we get competitive advantage from 6F? 2)Paper 6A, Banking insurance industry most preferred this. Is it similar to FRM and Actuary? 3) Paper 6B Finance domain, market trends.To some extent similar to CFA.Can we get leverage? Please Guide
latest answer
Sure. All the best
Mansha Tutlani
CA Final
★ 555
8
498
Sir I am able to complete only 60 percent paper mark not able to complete paper in 3 hour maths and law and account and eco able to attempt 85 to 90 percent paper only not able to complete paper in time some suggestions sir
Exams
answered on 10-Feb-23 22:34
Sir
latest answer
Thanks all u always motivated me to study
R K
ACCA Skill
★ 9K+
7
437