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Contract costing
Costing
answered on 13-Oct-20 14:09
I didn't understand the the valuation of the work uncertified in this illustration 4
latest answer
Only in the completed amount of contract we can classify into certified and uncertified. See the image, hope you understand:)
Swathi Krishna
CA Final
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1
759
Job costing
Costing
answered on 19-Oct-20 16:16
In illustration 2 how can selling cost be taken on based of work cost ?
latest answer
K
Swathi Krishna
CA Final
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2
640
Job costing
Costing
answered on 12-Oct-20 17:44
In illustration 1 I didn't understand this entry
latest answer
Normal loss increases the cost of MAterial.
Swathi Krishna
CA Final
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2
595
Amendments Applicability
Indirect Taxation
answered on 12-Oct-20 09:33
In ICAI study material, at the end of chapters, Finance Act 2019 amendments are given saying that applicability for May/Nov 2020 shall be announced later as they were not applicable at the time of printing the study material. I just want to ask that, if any of it is applicable, then it will be given in statutory update file or supplementary for May and Nov 2020 na? and we don't have to see anything separately or any other amendments than that? Am I right?
latest answer
Yes you are right
Deepak Gupta
CA Inter
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1
644
Nov 19 qp
Costing
answered on 12-Oct-20 16:13
In the next year their sales will be 7000units but why have they taken new lowest price only for 2000units and not for whole 7000units.
latest answer
Ok mam
Sri Varshini
CA Inter
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2
646
Overheads
Costing
answered on 17-Oct-20 08:14
Course-Cost Accounting IPC (OLD) - Illustration 10 (With reference to Video Lecture - For Nov 2020 Exam) In the question, the Direct Labour Hour Rate is given as 15/hr as per Estimates. Actuals change the Labour hours for the week to 2400 from 3000. So does this not affect the absorption of Labour Cost if we are still following 15/hr rate?
latest answer
Same.
Karthik M
CA Inter
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5
660
Is is it necessary to remember section in va foundation
Corporate & Other Laws
answered on 11-Oct-20 20:01
Pls tell
latest answer
No. At foundation & inter level not required at all. In fact if you write wrong section you will lose more marks that what you would have gained if you had written the correct section
Nilesh Malviya
CA Inter
★ 655
1
657
Redemption of preference shares
Accountancy
answered on 12-Oct-20 17:45
Sir in the illustration 4 minimum fresh issue divided with issue price whereas previous sums did on face value It's so much confusion sir pls. Explain How can we know that
latest answer
I have done a video on this and is available on youtube. Aug 2020 | Revision | Redemption of Pref Shares & Debentures - CA Inter / IPCC
M Naresh
CA Final
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1
654
Liquidation of companies
Accountancy
answered on 12-Oct-20 17:55
In this chapter institute has given in the textbook a deficiency a/c as per list H Should we follow the format for the exam
latest answer
Yes
Swathi Krishna
CA Final
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4
621
Chapter - Hire Purchase
Accountancy
answered on 11-Oct-20 18:09
Hi, in this chapter, when we prepare the balance sheet, balance sheet needs to be T- shaped and not new format balance sheet, right?
latest answer
T-Shaped.
Karan Chellani
CA Inter
★ 0
1
702