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Standard Costing

Costing

answered on 07-Jul-21 14:45

Pls provide solution to problem 10 and 13 of standard costing in indigo learn material

latest answer

Please see the videos

Surya Prakash

Surya Prakash

CA Final

19K+

1

617

Is it mandatory to write selected questions

Exams

answered on 05-Jul-21 12:31

We should write 5questions out of given 6 questions. Is is mandatory to write selected questions like Every single question consists of 2 questions Can we write 1st 2(a) then 3(b) then again 2(b) ect... By mentioning question numbers properly

latest answer

Thank you sir

Sairam Reddy

Sairam Reddy

CA Final

10K+

4

619

Mock test

Exams

answered on 05-Jul-21 12:27

I like to submit my mock test before 14 July. It will be evaluated before exams?

latest answer

Our turnaround time is 15 days. if you need before exams - please keep this time line in mind and send the paper across

Vani

Vani

CA Foundation

2K+

1

551

Matching concept

Accountancy

answered on 05-Jul-21 11:58

If opening stock is 6000 Units @Rs.40 per unit. Purchase 24000 units @ Rs.50 per unit. Sales 20000 units @ Rs.60 per Unit. Closing stick is 10000 units. Given that , Opening stock units is included in closing stock is 2000 units. Find Closing stock & profit.

latest answer

Yes. I too have derived this answer. Thank you for the response. No issuesð???ð?¤?

Priya Anandan

Priya Anandan

CA Inter

810

5

603

Matching concept

Accountancy

answered on 05-Jul-21 14:20

If opening stock is 3000 Units@Rs.20 per units. Purchase 25000 units @ Rs.30 per unit. Sales 26000 units @ Rs.40 per Unit. Entire Opening sold during the year. Find Closing stock & profit.(Entire opening stock sold during the year)

latest answer

Tq for ur response

Yaswini Nithyanantham

Yaswini Nithyanantham

CA Inter

2K+

4

610

Journal

Accountancy

answered on 05-Jul-21 11:26

In the 2nd question 4th subdivision, why the 10% trade discount is not shown in the journal entry while Rs.5,000 cash discount for quick payment is shown.

latest answer

Trade discounts are not recorded in accounting books here only they consider Cash discounts and trade discounts are always inclusive in invoice price..

Vijay K

Vijay K

CA Inter

9K+

1

875

Foreign branches

Accountancy

answered on 05-Jul-21 15:55

Here they already included outstanding salaries in salaries above but y they again seperately given outstanding compulsory

latest answer

Ok sir thank u so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

2

638

Flow Charts

Information Systems

answered on 07-Jul-21 21:32

Anybody have pdf of flow charts applicable for this attempt

latest answer

They are there in our course videos

Surya Prakash

Surya Prakash

CA Final

19K+

6

541

Class notes

Others

answered on 05-Jul-21 10:31

It was mentioned in the website at the time of purchase that there will be class notes ....but now i cannot see them....where to find?

latest answer

Go to the free resources section and select the course you're perceiving. You'll find them

Ankita Debta

Ankita Debta

CA Foundation

110

1

658

Consolidatn illustratn 5

Accountancy

answered on 08-Jul-21 10:22

Is the answer given in textbook of Illustration 5 of consolidated financial statements wrong? Because they have taken 500000*40% as dividend declared instead of 300000*40%. Pls check the answer I have attatched. Is this the right way to do or the solution in textbook itself is correct?

latest answer

ICAI solution is correct. Total shares in S Ltd is 5000 shares of Rs. 100 each. In those 5000 shares, H ltd holds 3000 shares. Here, S ltd declared dividend. So, total dividend is 500000 x 40% = Rs. 2,00,000. Share of H Ltd Dividend is Rs. 1,20,000

Ali S

Ali S

CA Final

8K+

1

548