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Ledger accounts basics

Accountancy

answered on 26-Apr-22 14:10

ð??? in ledger account while preparing there is a "TO" and "BY" , what actually meaning of this to and by?? Receive or paying??

latest answer

Thanks friend

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

11

526

Advanced accounts, partnership unit 2.

Accountancy

answered on 26-Apr-22 14:36

Illustration 8 .. why is realization loss not paid by partners in partner account

latest answer

You can pass that entry. Generally this is a notional entry and the partner bring in or withdraw the net amount.

krishna prasanthi

krishna prasanthi

CA Final

13K+

1

364

IFOS Additional Illustration 1

Direct Taxation

answered on 26-Apr-22 14:32

He Had Paid 1 Lakh As Booking Amount by Account Payee Cheque and Why This 1 Lakh is Not Added To Actual Consideration Of 20 Lakhs

latest answer

Rs. 1 lakhs is the booking amount which is part of the consideration Rs.20 lakhs

Shanmukh Vemuri

Shanmukh Vemuri

CMA Final

5

1

484

Standard costing Practical Q No.4

Costing

answered on 26-Apr-22 15:22

Can anyone explain how to compute material yield variance. We have to find the Revised standard quantity right? But how to calculate with the actual output units? Also please share the solved sum

latest answer

Ok Mam

R M

R M

ACCA Professional

4K+

6

567

Corporate level strategy

Strategic Management

answered on 26-Apr-22 12:07

9(b) ques ,how it should b strategic alliance, While I studying this ques, i thought this should be an merger strategy, but it is given as strategic alliance, Which point it is considered as strategic alliance, I cannot get it, plz anyone tell me to sort of this confusion.

latest answer

Thank you so much

Sathiya Bama

Sathiya Bama

CA Final

24K+

3

515

Mtp 2

Costing

answered on 26-Apr-22 12:00

How he cal over time

latest answer

Thank you ð???understood

Pandusml V

Pandusml V

CA Final

4K+

5

431

Strategic leadership

Strategic Management

answered on 26-Apr-22 14:39

How functional actiity are performed centrally? Is it not only performed in each separate division

latest answer

In a functional structure - say finance function is performed centrally. There may be few tasks at divisional level but major part of decisions around sourcing of funds, deployment of funds etc are taken at central level.

Sumita Shah

Sumita Shah

CA Inter

2K+

1

456

Partnership retirement

Accountancy

answered on 26-Apr-22 11:57

So here the financial year 2019-20 profits came out to be 48000. The partners were in ratio of 5:4:3 but after 1/4/19 they revised as 3:4:4. So the profits is transferred to old partners in ratio of 5:4:3 but for the period it is 3:4:4. So I didn't understand the logic behind it of sharing in 5:4:3 instead of 3:4:4?

latest answer

Yep got it after reading further:).

Sugam SM

Sugam SM

CA Final

9K+

2

464

Material costing

Costing

answered on 27-Apr-22 10:16

Why maximum lead time is taken as 7 days here

latest answer

https://youtu.be/v0z4dc-gkxI Check this

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

3

607

Relief u/s 89

Direct Taxation

answered on 26-Apr-22 14:48

Is this relief allowed only for arrears/advance of Salary. Or is it applicable in other cases also??

latest answer

Ohk sir thank you

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

4

431