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Law summary notes
Corporate & Other Laws
answered on 10-May-22 21:05
anyone please suggest law summary notes
latest answer
Our pleasure, happy studying!
Priyanka R
CA Final
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About theory questions
Costing
answered on 10-May-22 18:35
Experts pls advice Whether it's good to attend theory question in costing paper....
latest answer
That's true....it's just based on your interest....if you clearly understand the concept go for theory questions
poco m2 pro
CA Inter
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Financial Ratios
Financial Management
answered on 12-May-22 14:32
In capital emolyed formula, Net assets or Capital emplyoed = Net worth + Debt. In such that, net worth means only Equity share holders fund. Right? My doubt is While speaking about capital employed why they didn't speak about preference shares?
latest answer
Return on Capital can be computed from 3 points of view: (a) Equity Shareholders point of view: Here you will only consider the capital that belongs to Equity shareholders. (b) All the shareholders point of view: Here you will consider both the equity shareholders funds and preference capital (c) Long term Funds point of view: Here you will consider Equity funds, Preference Capital as well as Long term debt. All in All the game is on the user of financial statement. If you are an Equity Shareholder, you'll need first rate of return. If you are preference shareholder, the second rate of return will be more relevant. If you are a debenture holder or bank the last rate is more relevant
Manoj Raj
CA Final
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General doubt
Direct Taxation
answered on 10-May-22 18:34
Is share of profits received from a HUF is taxable in the hands of its members?
latest answer
Okay thank you all!
Mala Ca
CA Final
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Cost accounting system
Costing
answered on 10-May-22 15:52
Illustration 4 pg. 7.22, journal entry for cost of finished goods sold is: COGS A/C dr. To FG Control AC But in Illustration 2 pg. 7.13, journal entry for finished goods sold is: Cost of Sales a/c dr To fg control AC Can we not put account debited to be "cost of sales" in both the above cases ? Getting confused.....
latest answer
But in this question, if you see icai material, there is no cost of sales account prepared in the answer, they directly transferred it to costing p&l account but if you want you can prepare cost of sales account also.
Aabith Sha
CA Inter
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Mcq
Indirect Taxation
answered on 10-May-22 22:41
What's ans for this and reason
latest answer
Option c
Pandusml V
CA Final
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Auditing Fastrack
Auditing
answered on 11-May-22 10:43
Please share Auditing Fastrack material ...
latest answer
https://www.indigolearn.com/resources/Notes/CA-Inter/7b1e5777f7c2497fa1e1ca5ed5d33f43/Auditing-Assurance-Notes-CA-Inter-new/b5ab88b98baa4315bc73a757d3c3f3f6/r Check this
Sagar Medaboyina
CA Inter
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Marginal costing
Costing
answered on 11-May-22 11:11
How to solve point 2
latest answer
Profit A = 400000(20-12)-3000000=200000 Profit B = 400000(20-14)-2100000=300000 So process B is better based on profitabiliyt Even if capacity is increase, there is no mention of increase in sales, nor reduction in fixed costs - so the contribution or profit would not change
Subramanyam N
CA Inter
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Mcq
Direct Taxation
answered on 10-May-22 19:07
Can anyone please solve this for me.
latest answer
Ok mam. Thank you mam
Umayal Lakshmanan
CA Final
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Amalgamation_purchase consideration
Accountancy
answered on 10-May-22 13:54
Practical que no. 2 In this que I have one doubt whether mutual owings are considered while net aseets computation or not???
latest answer
No
Sai Swetha
CA Final
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