Forums
Insurance claims
Accountancy
answered on 13-May-22 16:52
Sir here annual turnover we have to take as zero sir
latest answer
In the question , they estimating policy amount to be taken( but not claiming loss )so to cover the loss that may /may not occur it's taken as G.P on annual turnover + additional expenses for better security (because to insure fully as per the given details )
Pandusml V
CA Final
★ 4K+
8
440
AS 16
Accountancy
answered on 13-May-22 06:17
In this question Why they are treating advance paid for additional asset is a Qualifying asset
latest answer
If sufficient information is not available, you need to make an assumption that either the asset is qualifying or not qualifying
nisam M
CA Final
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3
426
Use of free reserves
Accountancy
answered on 12-May-22 23:14
Is there any order for utilising reserve? i.e among p and l, general reserve which should be used first for giving bonus shares etc...
latest answer
Thank you
Umayal Lakshmanan
CA Final
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2
443
Mtp 2
Accountancy
answered on 13-May-22 15:27
I want clear explanation and ans for this question plsss
latest answer
I hope you understood
Pandusml V
CA Final
★ 4K+
3
447
Doubt
Strategic Management
answered on 12-May-22 20:40
As Porters five forces model covers the major portion of business level strategies chapter, can I complete the 5th chapter and then study 3rd chapter
latest answer
Okay Sir
Swetha S
CA Inter
★ 15K+
2
481
Profit and loss pre and post incorporation
Accountancy
answered on 12-May-22 23:39
Sir in last thread you said that interest should be transferred to post period but in module it's been apportioned between pre and post period
latest answer
15,00,000 Ã? 9% Ã? 7/12 = 78750
Harsh Mittal
CA Final
★ 1K+
7
477
Examination form
Others
answered on 12-May-22 19:49
Can any body help me I had filled up the examination form before their due date but I got that form without photo and signature so I had sent it to icai office before March 28 but I had not took copy of it now what should I do plzz help me !!!!
latest answer
No mention :) Donâ??t get depressed and confuse yourself
Nai Jay
CA Inter
★ 7K+
13
430
Advertisement with vague reward
Corporate & Other Laws
answered on 12-May-22 19:10
If in the question , reward amount if considered to be absent , then , can Mr. Aseem win the case on grounds of vague offer and void agreement ?
latest answer
An invitation to offer is different from offer. Quotations, menu cards, price tags, advertisements in newspaper for sale are not offer. These are merely invitations to public to make an offer. An invitation to offer is an act precedent to making an offer. Acceptance of an invitation to an offer does not result in the contract and only an offer emerges in the process of negotiation. But there is an exception to above provisions. When advertisement in newspaper is made for reward, it is the general offer to public. On the basis of above provisions and facts, it can be said that as advertisement made by Mr. Aseem to find lost car is an offer, he is liable to pay ` 10,000 to Mr. Vikram. The above case is a General Offer. If the reward amount is not mentioned it will be just a news like the car has been stolen. In that case Mr. Vikram finds the car he cannot ask for reward which is not mentioned.
Varun Mulay
CA Final
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2
1K+
I have a question for you
Economics
answered on 12-May-22 17:25
Economic goods are considered scarce resources because they (a) cannot be increased in quantity (b) do not exist in adequate quantity to satisfy the requirements of the society (c) are of primary importance in satisfying social requirements (d) are limited to man made good I got the answer but can anybody explain me ??
latest answer
The resources in an economy are limited to the means they can generated but due to their alternative uses they create unlimited demand in the economy which remains unsatisfied due to the scarcity of the resources and their alternative uses.
Nai Jay
CA Inter
★ 7K+
1
513
Liquidation of Companies
Accountancy
answered on 23-May-22 10:20
Can anyone explain how it comes as 59lakhs?
latest answer
Okay thank you sir
Manoj Raj
CA Final
★ 12K+
6
465