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Accountancy

answered on 12-Oct-21 11:38

Can someone please tell difference between cheque book & cashbook ? Im doing ca foundation.

latest answer

Anyways thanks for trying to explain....

Rugved Didolkar

Rugved Didolkar

CA Inter

2K+

6

561

Not for profit organisation

Accountancy

answered on 12-Oct-21 07:03

In this question , y purchase of machinery is taken without depreciation . I ve written my solution at the end . Plss tell me y purchase amount is wrong ??

latest answer

The balance given in question at year end is without charging depreciation

Reetikaa R

Reetikaa R

CA Final

7K+

1

429

Not for profit organisation

Accountancy

answered on 14-Oct-21 10:37

Is Face value of investment and cost price different?? Or same ?? Also , interest on investment is computed on fave value or cost price ??here, cost price, I mean to say book value .

latest answer

no. The price at which you purchase would be the cost.

Reetikaa R

Reetikaa R

CA Final

7K+

5

613

Capital gains from sale of residential property

Direct Taxation

answered on 11-Oct-21 21:13

While calculating the indexed cost of acquisition of residential property, a)should we include the stamp duty and registration fees at the time of purchase, to the purchase value? b) should we include the legal and broker fees incurred at the time of purchase as well in the cost of acquisition?

latest answer

Yes.

John Selvaraj

John Selvaraj

CA Inter

140

1

477

Good faith

Corporate & Other Laws

answered on 12-Oct-21 16:23

In the definition of Good faith, it is mentioned that any act done honestly is deemed to be done in good faith whether it is done negligently or not. But if an act is done negligently how can it be said to be in good faith?

latest answer

Ooh... Got it... Thank you :)

Aditya Mishra

Aditya Mishra

CA Final

2K+

4

2K+

Doubt regarding mock exam details

Others

answered on 11-Oct-21 19:57

I have no idea about 'program' , 'Intermediate' sections ...which one shall i tick ?

latest answer

Ignore

Kumar Sarthak

Kumar Sarthak

CMA Final

12K+

2

470

Prospectus

Corporate & Other Laws

answered on 11-Oct-21 17:44

Private company cannot issue share to public then why demat account is optional for Private company ?

latest answer

So that shareholders can have shares in electronic form instead of having physical certificates and losing them

joes naveen

joes naveen

CA Final

0

1

511

IFOS MCQ'S INDIGOLEARN

Direct Taxation

answered on 11-Oct-21 17:56

Sec 56(2)(X)- Icai has taken in aggregate when gift received from one person But In mcq they had treated them as separate separate gifts for purpose of 50,000

latest answer

Sorry sir I forgotten to see that difference

Sairam Reddy

Sairam Reddy

CA Final

10K+

2

676

Articleship

Exams

answered on 14-Oct-21 16:54

I wish to take up ca inter direct entry .. what about articleship criteria?

latest answer

pls go through the article https://www.indigolearn.com/exam/CA-Inter-A-Complete-Guide

Siri S

Siri S

CS Executive

1K+

1

647

Permutations and combinations

Maths & Stats

answered on 12-Oct-21 07:08

Solve atteched question

latest answer

First place - 5 ways and remaining 6 ways 5 x 6 x 6 x 6 = 1080

Aarvi Shah

Aarvi Shah

CA Foundation

110

4

557