powered by logo

Forums

AS 11

Accountancy

answered on 31-Mar-22 16:41

Sir, I have a small doubt in the CA Intermediate classes - Group 1 Accounting Standards - AS 11 - Module 4 named "Forex loss for depreciable assets (Amendment)" which is a length of 11:30. I have a small doubt in the video duration from 9:25 to 10:00 . There Mr. Satya Raghu Sir concluded that in the Option 2 the journal entries are "P&L a/c Dr, To Forex loss a/c" - which are actually the journal entries of Option 1 , which I think may not be intentionally said by him and may be erroneously spelled by him. Kindly Can you see the video and clarify the doubt ? I just wanted to clarify and in no way I'm trying to make any faculty wrong.

latest answer

Ok Sir. Thank you for your response.

Avasarala Vivek Aditya

Avasarala Vivek Aditya

CA Inter

6K+

2

445

ITC - Rule 86B

Indirect Taxation

answered on 31-Mar-22 18:04

what if taxable supply doesn't exceed 50L. Can the taxpayer pay 100% of his output tax liability using electronic credit ledger?

latest answer

Yes. Rule 86B will apply only if the conditions are satisfied.

Girinath A

Girinath A

CA Inter

765

1

676

Manufacturing entities

Accountancy

answered on 01-Apr-22 16:07

How did they classify sale of scrap to manufacturing entity. It can even be sale of some old asset of office which would be sold as scrap. Can we give assumption under this?

latest answer

Bro, in this question they have directly given the amount for sale of scrap. So we don't have to worry about it.

Sugam SM

Sugam SM

CA Final

9K+

3

669

scholorship

Others

answered on 31-Mar-22 20:14

i want apply icai scholorship is there any last date ? can any one give me membership id?

latest answer

There is no last date for applying the Scholarship.

Fayis E

Fayis E

CA Inter

5K+

1

414

Reg, Amendments Vedio for May-22

Indirect Taxation

answered on 31-Mar-22 13:47

Sir, Kindly Attach separate Vedios for Amendments it will be helpful for preparations. Thank You

latest answer

Thank you sir ð???ð??»

roshan akthar

roshan akthar

CA Inter

620

5

466

PGBP

Direct Taxation

answered on 31-Mar-22 16:02

How did they got answer of depreciation as 1,68,000

latest answer

Ohh ok thanks sir

Harsh Mittal

Harsh Mittal

CA Final

1K+

4

530

Clubbing

Direct Taxation

answered on 31-Mar-22 11:32

Why it is clubbed in hands of Mr A

latest answer

Ok

Pandusml V

Pandusml V

CA Final

4K+

2

467

Acceptance of Deposits by Companies

Corporate & Other Laws

answered on 31-Mar-22 14:34

In point number 17 the period is ten years rightâ?¦ In video explanation itâ??s stated as 10 years but in the summary provided itâ??s 5 years Is it actually 10 years or 5 yearsâ?¦.Is there any amendments in thisâ?¦.

latest answer

Okay Mam

Swetha S

Swetha S

CA Inter

15K+

4

447

logical reasoning

Maths & Stats

answered on 13-Apr-22 05:32

The missing term of the series 10 ,11,__ ,27 , 66.5 ,198.5 . a) 14 b) 16 c) 21 d) 19

latest answer

Option A.

Niranjan Bhat

Niranjan Bhat

CA Inter

10K+

4

2K+

Interpretation Of Statutes

Corporate & Other Laws

answered on 31-Mar-22 09:39

Is there a difference between logical interpretation and construction?

latest answer

The term interpretation and construction are often used synonymously, however there's a thin line of difference between them. Interpretation is when the direct meaning of the text of the statute is derived, whereas construction is determining the explanation of the text and its legal effects. Construction includes interpretation, however both these terms are inter changeably used at several places.

Siddharth Kulkarni

Siddharth Kulkarni

CA Final

28K+

1

618