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Case Law Chinnaya vs Rammaya please explain
Corporate & Other Laws
answered on 28-Sep-21 20:22
In that case The grand daughter will refuse to pay Annuity to his uncle saying that there is no consideration from her side so I can't pay his uncle will sue her. My doubt is how can her uncle sue her ..I see him as a Stanger to contract because the contract is between grandma and grand daughter??
latest answer
Oki sirr thank you
Dhakshana Dhakshana
CFA L2
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832
Doubt
Others
answered on 28-Sep-21 09:40
What is fictitious asset and explain with your layman's language example pls .......
latest answer
Fictitious assets Fictitious means 'not true' or 'fake' Fictitious assets are expenses & losses which for some reason are not written off during the accounting period of their incidence They are shown in the balance sheet on the assets side under the head ' miscellaneous expenditure' Example of fictitious assets â?¢Preliminary expenses â?¢Discount allowed on issue of shares
Balachandar S
CA Inter
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1
520
very important doubt
Exams
answered on 28-Sep-21 19:30
mam/sir Again i just want to clarify something from you ...... CASE ---1 let say in BCK paper 4 one MCQ ans is given is Option A .. but we find out that more appropriate answer is B.. in exam point of view which we will select option A or B CASE ---2 let say in BCK paper 4 one MCQ answer is given is Option A .. but we did not find our that answer but more appropriate answer is B.. in exam point of view which we will select option A or B Can you tell me answer for case 1 & case 2 one of the biggest doubt thankyou .............................................................
latest answer
Thank you sir
Bala Chandar
CA Final
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11
658
Exam form
Others
answered on 28-Sep-21 10:46
Hi, so I made the payment for the exam form and also I got my photo and signature in the pdf they send, so should I get it attested and signed by a CA or it is not required? I am ca inter student
latest answer
Ok thank you sir
Vaibhav Gupta
CA Final
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2
475
RIGHTS ISSUE
Accountancy
answered on 28-Sep-21 12:19
Chapter 5 ,Lecture 6, Value of Rights of subscription= benefit of shareholder and Value of right = In each share the value of right. I got confused with both of the terms, value of right of subscription and value of right Sir. can you please explain Sir?
latest answer
Thank you Ma'am.
Dhivyaa Latha
CA Inter
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2
589
As 3
Accountancy
answered on 28-Sep-21 06:16
How should I know which method to use to solve problem direct or indirect if not specified
latest answer
If nothing is mentioned and you have the information for indirect method i.e. profit and loss account and balance sheet use indirect methof
Kalash Ojha
CA Inter
★ 465
3
570
As 3
Accountancy
answered on 28-Sep-21 10:45
Why in reserve and surplus 16000 amount is cr. To reserve and srplus why not 23000. And also why dividend paid is shown on Dr side of reserve and suplus it can also be show to financing activity
latest answer
Profit for the year is 16,000. 23,000 is profit before taxes.
Kalash Ojha
CA Inter
★ 465
3
508
Insurance claims
Accountancy
answered on 28-Sep-21 20:17
Why did ICAI not apply downward trend in sales to standard turnover and annual turnover?????
latest answer
Because here it can't be caluclated directly. That quarterly sales figure is approximation only, thus there is no direct trend that is visible. Also, the question is silent, so we shall ignore it.
B. S. V Subramanyam
CA Inter
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2
416
Case study
Corporate & Other Laws
answered on 29-Sep-21 12:07
What is the provisions apply in this case and which section?
latest answer
No, not in that case.
Rakesh Shah
CA Final
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5
514
General ledger
Accountancy
answered on 27-Sep-21 22:40
What is the difference between sales ledger and general ledger?
latest answer
Sales ledger contains all sales regarding both credit and cash sales. All the sales will be shown in general ledger. General ledger contains all types of accounts from journals and sub-ledgers. General ledger is also known as nominal ledger.
Rakesh Shah
CA Final
★ 5K+
1
568