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Banker discount
Economics
answered on 22-Jul-21 18:53
Plz can anyone answer it
latest answer
1. True discount is the difference between amount due and present value of the amount. 2. Banker discount is simple interest on the face value for a time from the date when the bill was discounted and the due date
Gopal Garg
CFA L1
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1
647
Exam
Accountancy
answered on 22-Jul-21 17:36
Where I can do working notes before or after answers in accounts?
latest answer
Either ways is fine
Vani
CA Foundation
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656
Maths
Maths & Stats
answered on 23-Jul-21 10:09
Plz can anyone solve it.
latest answer
You r welcome bro..ð???
Gopal Garg
CFA L1
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573
Scholarship amt received
Direct Taxation
answered on 22-Jul-21 16:04
This amount exempt?
latest answer
Yes
OMKAR REDDY
CA Inter
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1
574
ICAI
Others
answered on 28-Jul-21 17:46
Sir, when can I upload my 12th marksheet to appear in the nov 21? I've got my provisional marksheet today. Should I upload original or provisional is ok?
latest answer
Mam, I've uploaded it successfully
Sibi Srinivasan
CA Final
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4
673
NPO
Accountancy
answered on 23-Jul-21 19:03
how to deal with 1. Cheque unrepresented being payment for repairs. How is honorarium 600 we get balancesheet How is bank overdraft coming How is honourarium comes in the opening balancesheet Pls clarify this
latest answer
Thank u guys
nisam M
CA Final
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4
1K+
Chapter 6a deductions
Direct Taxation
answered on 23-Jul-21 10:23
Donation to notified trust for construction of ghat for Hindus (if registered) in which category under 80G
latest answer
These donations are eligible for 50% Deduction Subject to 10% of Adjusted Gross Total Income
OMKAR REDDY
CA Inter
★ 6K+
1
594
In total income problem
Direct Taxation
answered on 22-Jul-21 17:03
I don't understand why 78000 treated as income under ifos . In my point of view 73000 is paid to law firm for collecting this amount it is an expense or not
latest answer
Gross interest to be taken and adhoc deduction of 50 percent is only given
OMKAR REDDY
CA Inter
★ 6K+
1
703
Depreciation
Accountancy
answered on 22-Jul-21 22:25
When should the method of depreciation of an fixed asset should be changed? And why? Give me one example. Thank you for your kind help.
latest answer
It should change depending on circumstances - when usage pattern of asset is changed or say benefits expected from asset now varies. Why? To reflect true costs to the business. Example: A company expected machinery to last 20 years and loose value equally over years. So, it used straight line method. But based on usage, it's losing much value in early years, so it may change to WDV method.
Vijay K
CA Inter
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559
Nov 2021
Others
answered on 22-Jul-21 09:12
Sir, Is application window open for ca foundation nov 2021? When will it be opened?
latest answer
Ok sir.tq
Sibi Srinivasan
CA Final
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2
579