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Final accounts
Accountancy
answered on 16-Nov-21 18:34
What is adjusted closing stock?why we should not Cr. It in trending a/c.
latest answer
It is cost of goods sold(opening +purchases- closing stock ).It is not credited because the credit impact is already given by deducting closing stock from opening stock and purchases (given above).
AKSHAYA V S JU
CA Inter
★ 3K+
1
483
Attempting questions
Exams
answered on 16-Nov-21 18:48
If suppose we're required to attempt 3 oit of 4 questions, and we attempt all 4 questions Then the marks will be given according to Will the best ones out of 4 Answers OR First 3 Answers???
latest answer
For first 3 answers will be considered
Lalit Sanpal
CA Final
★ 6K+
1
528
GST inter revision for today
Others
answered on 21-Nov-21 14:37
Do we have any passcode to enter the zoom meeting for today
latest answer
It is done.
lithish kumar
CA Final
★ 3K+
6
631
Joint&by pdt
Costing
answered on 17-Nov-21 14:01
Could anyone please explain joint&by pdt illu 4 please
latest answer
What didnt you understand in that illustration
Fathima _
CA Inter
★ 2K+
1
517
time of supply
Indirect Taxation
answered on 18-Nov-21 16:10
What is the time of supply of service for the supply of taxable services up to Rs.1000 in excess of the amount indicated in the taxable invoice? the answer given is : then the supplier has an option to take the date of issue of invoice in respect of such supply as time of supply.. according to sec13(6) , its on date of such addition in amount . how this answer is like this
latest answer
For excess amount its clearly given in Section 13(2) that the time of supply can be considered as "When payment is received or at the time when invoice is issued for such excess amount."
Susai Yappan
CA Inter
★ 12K+
1
576
Chap 3
Information Systems
answered on 17-Nov-21 16:16
Explain this question, Where it is present in book ?
latest answer
Ok sir , thank you sir.
Sathiya Bama
CA Final
★ 24K+
2
460
C.F.S.
Accountancy
answered on 18-Nov-21 20:24
illustration 7 - Provision for taxation treatment not clear. Why is provision considered as liability at the beginning of the year.why it is not adjusted towards income tax paid ?
latest answer
Ok, thank you
Abhishek Purohit
CA Inter
★ 10K+
7
818
Chap 3
Information Systems
answered on 17-Nov-21 16:16
What is meant by data diddling and trap doors??
latest answer
Thank you mam.
Sathiya Bama
CA Final
★ 24K+
2
478
journal entries
Accountancy
answered on 16-Nov-21 15:43
shyam a/c dr to discount allowd a/c to cash a/c can this be done ?
latest answer
Yes if any discount is allowed by Shyam who is a creditor and balance amount is paid by cash
Niranjan Bhat
CA Inter
★ 10K+
3
557
Consolidated financial statements
Accountancy
answered on 17-Nov-21 11:07
How to separate pre and post acq dividend in this sum
latest answer
As the profits for the year is not sufficient to pay the dividend fully . Therefore, shortfall of 10,000 on dividend is paid out off pre acquisition profits . In that 10,000 H.co share is 8000 .
Nizam Deen
CA Final
★ 4K+
4
577