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Contingent liability

Accountancy

answered on 11-Mar-21 23:05

Contingent liability if becomes payable, is it current liability??

latest answer

Thank u sir

Reetikaa R

Reetikaa R

CA Final

7K+

6

534

Residential Status Leap Year

Direct Taxation

answered on 10-Mar-21 14:25

Say, for evaluating the 2nd condition u/s 6(1), i.e. in India during the 4 years immediately preceding the PY for => 365 days..., should we consider leap year in our calculation or ignore it? or we can choose any 1 approach for main solution in exam and give a note separately for it with alternative?

latest answer

PLEASE IGNORE. Have got the solution from another ICAI problem. Regret any inconvenience. Will not hurry up next time.

Deepak Gupta

Deepak Gupta

CA Inter

1K+

1

706

Material cost

Costing

answered on 10-Mar-21 21:54

In Inventory stock out While calculating TC, why we adding expected stock out ( which is loss due to stock out) with inventory carrying cost

latest answer

Thank you sir

Balaji R

Balaji R

CA Final

20K+

4

626

Capital expenditure

Accountancy

answered on 10-Mar-21 13:30

Inauguration expense on the opening of a new manufacturing unit welcomes n explores more customers .it means sales will increase n there would be a reach for our product .the benefit doesn't exist right . Then how come it s revenue exp??

latest answer

Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period. Revenue expenditures are the ongoing operating expenses, which are short-term expenses used to run the daily business operations Refer the above paragraph u will easily understand

Reetikaa R

Reetikaa R

CA Final

7K+

5

678

Doubt

Corporate & Other Laws

answered on 10-Mar-21 14:30

Sir is the point provided in screenshot are sufficient for registration of firm because definition was to lengthy

latest answer

OK sir thank you sir

sai t

sai t

CA Foundation

2K+

2

666

Material

Accountancy

answered on 10-Mar-21 12:00

What is the use of inter accounting pronouncements material? Should we study from that also?

latest answer

That's very long time

Pooja .

Pooja .

CA Final

210

9

730

Doubt

Corporate & Other Laws

answered on 10-Mar-21 07:08

Sir in icai study material in heading it is showing as section 45-55 but up-to only section 49 available can any one suggest me where remaining sections are available

latest answer

OK sir

sai t

sai t

CA Foundation

2K+

2

533

Ratios

Maths & Stats

answered on 10-Mar-21 21:11

If a:b=n,d, and b:c = n, d, then a) a:b:c = n, d, :n :d2:d, :d, c) a:bc = n, n, d, n, d, d, b) a:b:c = n, d, n, d,id d) None

latest answer

I'm not sir, I'm student like you!

Jagruthi Yadav

Jagruthi Yadav

CA Inter

5K+

9

908

Accountancy concepts

Accountancy

answered on 09-Mar-21 20:58

What is the difference between realisation n conservatism concept

latest answer

Thank u

Reetikaa R

Reetikaa R

CA Final

7K+

4

1K+

notes and illustrations for may 21

Direct Taxation

answered on 19-Mar-21 10:26

whether all notes and illustrations are uploaded sir. if not when it will be uploaded sir

latest answer

Go to free resources and click on notes and click on which ever notes you would like to download

Vijay Ramesh

Vijay Ramesh

CA Final

1K+

3

673