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Trail Balance

Accountancy

answered on 10-Mar-22 11:04

In Trail Balance when there is a Purchases and Closing stock together how to record it????

latest answer

It means already closing stock is removed from purchases so just one treatment - record on debit side of balance sheet

Sadhvi

Sadhvi

CA Inter

8K+

1

525

Cash flow

Accountancy

answered on 09-Mar-22 19:30

Sir why in cashflow statements we are not taking cash purchase and cash sale in direct method

latest answer

We do take

Tyson Theclam

Tyson Theclam

CA Inter

0

1

335

Risk analysis

Financial Management

answered on 10-Mar-22 17:48

Why here only used minus box ??

latest answer

Thankyou so much sir

Sathiya Bama

Sathiya Bama

CA Final

24K+

6

507

Risk analysis capital budgeting

Financial Management

answered on 10-Mar-22 10:22

Is this assumption?? Why they taken like this ??

latest answer

No, its not an assumption. In worst case estimation of cashflows, we need to take worst scenario possible that is lowest sale price, lowest sale units and highest cost. And what is the best possible scenario here? High sales, high sale price and low costs. So these are considered to estimate cashflows under best case scenario.

Sathiya Bama

Sathiya Bama

CA Final

24K+

1

478

PGBP

Direct Taxation

answered on 23-Mar-22 21:28

Bonus and commission is allowed as deduction.. But out of profit bonus and commission is Whether allowed as deduction??????? Explain this..little bit of confusing..

latest answer

Bonus and commission allowed as deduction out of profit. payment as bonus or commission, it is not as profit or dividend.

Jesima N

Jesima N

CA Inter

5K+

2

570

P'ship

Accountancy

answered on 11-Mar-22 20:34

Can we do in this way also this is the question

latest answer

Ok sir thank you sir

Pandusml V

Pandusml V

CA Final

4K+

2

461

Declaration form

Exams

answered on 14-Mar-22 15:58

Hello sir, I have a doubt about exam Declaration form for applying May 2022 attempt. Actually I am a CA inter student under direct entry, I have completed my 2 years and 3 months of articleship. Recently I have terminated from my office due to medical grounds. And the termination has also been approved. My question is in order to apply for upcoming May attempt exam how can I upload Declaration form. Because now I am not undergoing any articleship if I require to submit the declaration form then how can I get the same.

latest answer

Can you please contact the institute - 7877966966

Muthu Selvam

Muthu Selvam

CA Inter

7K+

1

703

P'ship

Accountancy

answered on 11-Mar-22 15:52

Here why we got TO CAPITAL ACCOUNT in cash or bank account and again why capital account balances are posted to credit of cash or bank account

latest answer

This flows from capital accounts. The ones posted on debit side is the realisation loss which partners brought in. On the credit side, is the payment made to them finally

Pandusml V

Pandusml V

CA Final

4K+

1

438

Exams

Exams

answered on 09-Mar-22 17:22

Hi this is my 3rd attempt fr CA inter.. I hv paid exam fees.. Sd i submit the form through post. My photo and signature is visible.. But below it's mentioned ca signature or gazetted officer signature

latest answer

Ok sir thankyou so much.

Shru Kanda

Shru Kanda

CA Inter

610

4

530

Salary

Direct Taxation

answered on 09-Mar-22 21:56

Medical facility reimbursed by the employer..... What treatment should I do? Whether I make fully taxable as nothing is mention about medical or Make fully exempt as reimbursed paid by employer?

latest answer

Thanks you

Pari Singh

Pari Singh

CA Inter

5

2

523