Forums
Final Accounts
Accountancy
answered on 03-Feb-21 09:13
Why preparing income & expenditure account for contract business ( builders ) instead of trading , profit & loss account ?
latest answer
Thank u
Balamurali Unnithan M S
CA Inter
★ 3K+
8
625
description of statistical data
Maths & Stats
answered on 29-Jan-21 06:17
what is the difference between class limit and class boundary
latest answer
class limit 24-28 29-32 Clss boundary 24.5-28.5 28.5-32.5
nisam M
CA Final
★ 23K+
1
550
General doubt
Others
answered on 29-Jan-21 06:04
Is there any scope for CA's in film industry?
latest answer
In which context? Finance & Accounts - Yes. If you want to act, it depends on your acting skills :)
Kishore Babu
CA Final
★ 8K+
1
772
Study Material
Auditing
answered on 28-Jan-21 11:54
Is Studying Standards on Auditing is enough only with notes provided here or i need to concentrate more on institute material?
latest answer
Notes is more than enough.But for safety concern, just go through SM.
Sneha Raj
CA Inter
★ 2K+
1
725
Video problem
Others
answered on 29-Jan-21 09:13
I can hear sound but not able to see video
latest answer
No problem ð???
siva chaitanya
CA Final
★ 13K+
4
562
Partnership accounts
Accountancy
answered on 28-Jan-21 14:39
Sir in this question Higher relative capital method why the 4,000 balance is not apportioned on profit sharing ratio and overall preference given to partner A ignoring partner B
latest answer
Under Higher Relative Capital Method , the partner who had contributed highest capital in terms of their profit- sharing ratio are paid off prior to the other partners. Thus B is paid the 4,000 without sharing with A
M Naresh
CA Final
★ 3K+
1
576
Nature and extent of surety liability
Corporate & Other Laws
answered on 28-Jan-21 09:57
Debtor had to repay loan of 5 lakh and 50,000 interest. He defaulted. The surety had limited his liability to 5 lakh and he paid that amount to creditor. Now, the creditor cannot ask for interest from surety. But can he ask for interest from the debtor?
latest answer
Yes!
Aman Mahajan
CA Final
★ 19K+
1
903
Marginal cost
Costing
answered on 28-Jan-21 17:32
How to approach
latest answer
Difference of old and new PV ratio = 7% => decrease in sales Revised sales = 10,00,000 - 7%(10,00,000) = 9,30,000 New MOS = 40% => Sales X 40% = Sales-BEP = BEP = 60% of Sales Revised BEP = 5,58,000 Fixed cost = BEP X PV ratio => (60% X sales) X PV ratio = 18% X sales Revised Fixed cost = 1,67,400
Deepak Thinu
CA Inter
★ 390
1
678
Going concern
Accountancy
answered on 27-Jan-21 17:21
Why is Joint venture an exception to the going concern concept?
latest answer
If it is formed for a specific purpose, it will not continue forever.
Aman Mahajan
CA Final
★ 19K+
1
594
Sampling
Auditing
answered on 28-Jan-21 13:23
How can i distinguish block &stratified sampling?
latest answer
Blocks and strata are different. Blocking refers to classifying experimental units into blocks whereas stratification refers to classifying individuals of a population into strata. The samples from the strata in a stratified random sample can be the blocks in an experiment.
Santhosh kv
CA Final
★ 2K+
1
699