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answered on 12-Aug-22 21:01

What is this login ID?

latest answer

Then itâ??s fine

Sugam SM

Sugam SM

CA Final

9K+

13

566

Market stabilization Scheme

Economics

answered on 12-Aug-22 21:01

Cany anyone explain this ,with an example?

latest answer

Okay

Sajeetha R

Sajeetha R

CA Final

46K+

5

767

Interpretation of Statutes

Corporate & Other Laws

answered on 13-Aug-22 11:15

Explanation should not be construed to widen the ambit of the section. What does this mean?

latest answer

The purpose of Explanation to a provision is to mainly clarify some doubts or to remove confusion or to clear any ambiguity from the provision and it doesn't have effect of expanding the scope of a provision.

Yug Bhattad

Yug Bhattad

CA Final

63K+

1

503

Plse tell IAM I correct or not

Accountancy

answered on 12-Aug-22 20:38

As per as2 valuation of inventories the measurement of cost for raw material is at cost or replacement cost which ever is lower I am a correct or not? For working progress and finished goods need a realisable value or lower of cost whichever is lower..

latest answer

If you are valuing Finished Goods at "cost" , then RM which is in the finished goods should be valued at "cost" and WIP also same should be valued at "cost" If you are valuing Finished Goods at "NRV", then RM which is in the finished goods should be valued at "Replacement cost" and WIP should be valued at NRV.

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

11

540

Doubt

Accountancy

answered on 16-Aug-22 10:24

Good of the sp rs 4000 are lost by fire and insurance co. Admitted 60% of claim. It is our practice to charge 20% on selling price.....entry for this??

latest answer

Thank u sir!!

Shruti ghosalkar

Shruti ghosalkar

CA Foundation

0

8

479

OPC

Corporate & Other Laws

answered on 12-Aug-22 14:39

Pls explain the concept that is highlighted in the image below.

latest answer

Thank you!

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

521

Accounting standard framework

Accountancy

answered on 16-Aug-22 10:14

How to determine historical cost of liability

latest answer

Historical cost - value at which liability is incurred. Say you purchase on credit goods worth 10,000 Historical cost of liability is 10,000

Deepak Deepak

Deepak Deepak

CA Inter

700

1

428

#11: Question for the day (Inter)

Economics

answered on 12-Aug-22 21:38

Write the answer in a sheet as you would write in exam and send photo by 8pm. #LetsPractice How does fluctuations in exchange rate impact the domestic economy? (3 marks)

latest answer

Ok sir ,tq

Sahibdeep Singh

Sahibdeep Singh

CA Inter

14K+

4

516

No

Accountancy

answered on 12-Aug-22 11:36

What will be the entry for.....purchase goods from mr.x of rs 1000 and he paid carriage rs 100 on our behalf .

latest answer

Yes thnx

Shruti ghosalkar

Shruti ghosalkar

CA Foundation

0

8

485

What are the application of business economics

Economics

answered on 12-Aug-22 11:20

1-What are the application of business economics 2- is there any application of it in inter or final level and also in real/practical life ??

latest answer

paper 4 of foundation - In new syllabus it will be a full subject in ca foundation

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

4

665