powered by logo

Forums

CFS

Accountancy

answered on 17-Apr-22 15:03

How 1905000 came to post acq?

latest answer

Oh ok thank you!!

Miradevi S

Miradevi S

CA Final

16K+

2

429

Inventory

Accountancy

answered on 17-Apr-22 07:50

Explain me this point and as we received in current period but paid in last year will it be inventory of current year or previous year.

latest answer

In books inventory in transit for previous year. For physical stock - it would not be as stock not yet received as on 31st March

Sugam SM

Sugam SM

CA Final

9K+

1

455

Revenue

Accountancy

answered on 18-Apr-22 08:55

What is the difference between revenue recognized and revenue realized? Basically I want to know the meaning of recognize and realize in accounting language.

latest answer

Yes. You are correct. Accrued or recognised is earned but not received.

Ratnasri N

Ratnasri N

CA Foundation

0

4

440

115bac

Direct Taxation

answered on 20-Apr-22 11:02

Gift worth <50000 taxable under 115bac ... It means even if the gift worth 29000 should be added to total income

latest answer

If value of gift > Rs. 50,000 - then it is taxable. The provision for gift is same for normal tax regime and new tax regime

DOKARA Sravani

DOKARA Sravani

CA Final

10K+

4

527

Amalgamation

Accountancy

answered on 17-Apr-22 14:28

For example A ltd absorbs b ltd In additional info : some revaluation amount given for assets liability of both compny Nd Question not mentions anything else So In b/s of A ltd Values of A ltd will shown at BV or FV ?

latest answer

Always welcome

Priyanka Agrawal

Priyanka Agrawal

CA Inter

3K+

3

443

Service costing

Costing

answered on 25-Apr-22 12:43

In the below prblm for how many buses the operation expenses will apportion for 18 buses or 20 buses Along with reason

latest answer

Tq mam

Lakki Kamu

Lakki Kamu

CA Final

4K+

5

436

Branch accounts

Accountancy

answered on 17-Apr-22 07:35

In the question attached, opening stock, transfer from H.O. and closing stock are at invoice price whereas it is mentioned at the top of the image that these items should be at cost. Pls clarify.

latest answer

Ok thanks!

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

548

Doubt

Accountancy

answered on 18-Apr-22 08:44

When dividend is declared for 31/3/2019 will bonus shares issued on September of 2019 be entitled to dividend ??

latest answer

Please share your answer.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

6

467

CSR policy

Corporate & Other Laws

answered on 18-Apr-22 09:30

Can someone give me the solution of this question relating to CSR policy

latest answer

Please try solving giving the provisions, we will correct if required.

M C PATIL

M C PATIL

CA Final

5K+

1

385

Assessment of individuals

Direct Taxation

answered on 18-Apr-22 09:50

Sir in this two problems i vant understand house rent allowance part .can anyone explain me this pls

latest answer

If taxable income is more than 500000 Then first 2,50,000 no tax, then next 2,50,000 tax @ 5% ie. Rs.12,500

sriram kannan

sriram kannan

CFA L1

0

5

463