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Real account or personal account

Accountancy

answered on 05-Jul-21 10:18

In all the journal entry, they have given the nature of bank account as personal account but in the class they have given bank account as real account. So bank account is real or personal?

latest answer

S

Vijay K

Vijay K

CA Inter

9K+

7

2K+

Course Extension

Others

answered on 03-Jul-21 11:09

Sir I have extended my course till July... I'm in need of extending till November... Will you again enable the extension option sir? Please do the needful sir.

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Okay sir, thank you!

Viveka R

Viveka R

CA Inter

3K+

2

505

Logical reasoning

Maths & Stats

answered on 03-Jul-21 10:10

How to solve 40th question

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Yess.. thxð???

Aditya  A.D

Aditya A.D

CA Foundation

10K+

3

617

Investment decisions

Financial Management

answered on 03-Jul-21 10:12

Average investment formula =( initial investment - salvage value) ÷ 2 . But here they have added salvage value. What's the correct answer?

latest answer

pls check page 7.23 https://resource.cdn.icai.org/62104bosinp8cp7.pdf

Rithani R.C

Rithani R.C

CA Inter

4K+

6

941

Schedule bank

Corporate & Other Laws

answered on 03-Jul-21 10:31

Nbfc is a schedule or non schedule bank and also list of schedule banks

latest answer

Tq so much sir

Saiprathap reddy Venna

Saiprathap reddy Venna

CA Inter

9K+

2

744

Exemptions

Indirect Taxation

answered on 03-Jul-21 11:15

Sir in case of charitable trusts registered u/s 12AA provided accommodation facilities to resident and senior citizen more than 25000 the taxable amount is whole amount or in excess of 25000 sir?

latest answer

Ok thank u so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

2

537

Composition tax payer return u/sec 39

Indirect Taxation

answered on 03-Jul-21 09:43

Sir, composition tax payers pay tax on quarterly basis . When they file return u/sec 39 sir On annually or Quarterly ?

latest answer

Thank you so much for providing notes

M Naresh

M Naresh

CA Final

3K+

2

693

Composition tax payer return u/sec 39

Indirect Taxation

answered on 03-Jul-21 10:24

Sir, composition tax payers pay tax on quarterly basis . When they file return u/sec 39 sir On annually or Quarterly ?

latest answer

May be an issue with your app. please un install and reinstall - we noticed it with a few users - checking what is the issue

M Naresh

M Naresh

CA Final

3K+

9

636

Hire purchase

Accountancy

answered on 03-Jul-21 10:15

Sir there is no difference even of a single word in these 2 questions but in 1 solution they calculated interest on last installment and in 1solution they didn't. Can u tell me the reason plz sir?

latest answer

Oh ok thank u so much

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

6

573

Redemption of preference shares

Accountancy

answered on 03-Jul-21 14:46

Sir in both the questions they didn't seperately specifies the share application amount but there is difference in the entries sir? Can I write the entry bank. a/c dr. 37500 To equity share capital a/c. 31250 To securites premium a/c 6250

latest answer

From p&L a/c

Likhitha Sivani

Likhitha Sivani

CA Final

14K+

4

533