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Accountancy

answered on 08-Sep-21 16:10

sale of machine comes to which account b/s or I&E ? ifcomes in I&E which head its come ?

latest answer

In case of sale of fixed assets by a non profit organisation the gain or loss if any will be recorded in the income and expenditure account, the cash proceeds will be recorded in receipts and payments account and the cost of the amount is deducted from the respective asset in the balance sheet.

Fayis E

Fayis E

CA Inter

5K+

1

509

Equations

Maths & Stats

answered on 08-Sep-21 17:19

Please show me with sum/explanation page 2.31 ABQ QUESTION NO- 26. How to apply option (d) to get the answer

latest answer

Take [x - 1/x] as some other variable, say m. m will come out to be 4 or 6. Then solve [x - 1/x] = 4 as well as [x - 1/x] = 6

Chris Topher

Chris Topher

CA Foundation

5

1

550

We are studying as 2 inventories. As 16- borrowing cost like that . But my Q is totally how many AS are there and can you tell me how to see the full As names also

Accountancy

answered on 08-Sep-21 14:05

Q

latest answer

You will learn AS in CA intermediate , for foundation level just a brief knowledge is expected. In CA inter AS will be for 60 marks overall out of 800 marks

Balachandar S

Balachandar S

CA Inter

59K+

1

542

Registration

Indirect Taxation

answered on 24-Sep-21 13:19

Mr. x is engaged in supplying taxable good in delhi whose turnover is 28 lakhs and also supplying pan masala in same state whose turnover is 18 lakh . Is Mr. X is liable for registration?

latest answer

Once person is engaged in notified goods then the limit of 40 lakhs will not apply.

sujeet jhs

sujeet jhs

CA Inter

5K+

3

581

Basic concepts of permutations and combination

Maths & Stats

answered on 08-Sep-21 18:16

The sum of all 4 digit numbers containing the digit 2,4,6,8 without repetitions is........

latest answer

Ok thank you sir

Sejal Shivani

Sejal Shivani

CA Foundation

5K+

7

1K+

Investment accounts

Accountancy

answered on 08-Sep-21 08:28

When dividend received entry will be Bank a/c Dr To dividend a/c And dividend a/c Dr To p& l a/c. But y in investment a/c again they r crediting dividend (30,000) ???? Dividend should be credited to p& l a/ c ryt

latest answer

Done

anusha athikamsetty

anusha athikamsetty

CA Inter

65

2

550

CG

Direct Taxation

answered on 08-Sep-21 07:54

what are the meaning for the following 1 Listed securites other than units 2 Unit of debt oriented fund 3 unit of equity oriented fund and unit trust of india

latest answer

2 and 3 are mutual fund units you will learn more about them in final SFM 1 means any shares or debentures or commercial paper listed on stock exchanges

Balaji R

Balaji R

CA Final

20K+

1

526

AS3

Accountancy

answered on 08-Sep-21 17:24

When should we adjust for dividend (means add to net profit) under indirect method??? In some answers it is adjusted and in some it is only shown as cash outflow under financing activities ...

latest answer

Ok thank you very much..

Lalit Sanpal

Lalit Sanpal

CA Final

6K+

6

530

Valuation of goodwill and shares

Accountancy

answered on 08-Sep-21 09:41

I need an explanation for this

latest answer

Please be specific which point you want

sriram kannan

sriram kannan

CFA L1

0

1

562

Retirement of partner

Accountancy

answered on 08-Sep-21 15:52

Please check the highlighted journal entry in the 2nd page, is it write or wrong? Or is it okay to to rearrange those journal like 1) B's capital Dr. 15,000 To L's capital 15,000 2) L's capital Dr. 72,000 To bank 36,000 To B's capital 36,000

latest answer

Good to know ð?¤?ð??»ð?¤?ð??»

Vijay K

Vijay K

CA Inter

9K+

4

620