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Direct Taxation
answered on 31-Aug-20 10:27
Can u tell where is section 43(1) actual cost in the class ? I can't find it.
latest answer
K thax
Swathi Krishna
CA Final
★ 8K+
4
652
Mock test
Others
answered on 27-Aug-20 17:54
Sir In Indigolearn's mock test will you send the corrected mock paper after correction as PDF?
latest answer
Yes
lalitha lalitha
CA Inter
★ 3K+
1
592
Why it is not credit balance as per pass Book ..?
Accountancy
answered on 28-Aug-20 12:10
In Bank reconciliation statement chapter .. in illustration 5 .. I got -20,758 as my answer , so it will become "credit balance as per pass Book" but icai answer is " debit balance as per pass Book"..I'm confused. Please clearly explain
latest answer
Yes sure, the answer is wrongly depicted in the study material It is credit balance or favourable balance as per pass book 20,758. If there is no error with regard to wrong credit of 20,000 it would show you credit balance of only Rs 758.
Hari Krishna
CA Foundation
★ 1K+
1
820
Why is not credit balance as per passbook ?
Accountancy
answered on 28-Aug-20 12:35
In Bank reconciliation statement chapter .. in illustration 5 .. I got -20,758 as my answer , so it will become "credit balance as per pass Book" but icai answer is " debit balance as per pass Book"..I'm confused. Please clearly explain
latest answer
It is wrongly stated to be debit balance as per pass book in the material. It should be Rs.20,758 Credit balance as per pass book and Debit balance as per Cash book.
Hari Krishna
CA Foundation
★ 1K+
1
700
Effective Rate of Interest
Financial Management
answered on 27-Aug-20 17:31
Can effective rate of interest formula be also applied in case of series of cash flow (regular/irregular) or it can be only used in case of single cash flow only?
latest answer
Ok
Deepak Gupta
CA Inter
★ 1K+
5
666
Watching lectures on other device
Others
answered on 27-Aug-20 15:36
I recently shifted from mobile to laptop to watch your classes . So the first time I logged into your website it said that u have shifted from one device to another and if u keep shifting from one device to another they will terminate my course . So is it safe if I use your website instead of app to watch your lectures ?
latest answer
Forums are not available on website as of now. We shall be launching it in some time
Parikshit Rathod
CA Foundation
★ 710
3
695
Solution required
Costing
answered on 27-Aug-20 16:43
Dear sir, Cost and management accounting solution is not given in note. I requested to send the solution for all chapters illustrations.
latest answer
Ok sir. Thank you
Lavanya. M
CA Inter
★ 7K+
2
783
Amalgamation of companies
Accountancy
answered on 27-Aug-20 12:57
Ill 9(ICAI study material) Adjustment 4 Why they do for this journal enry?
latest answer
Mutual owing are cancelled as P Ltd and Q Ltd are amalgamating into 1 company. The liquidation expenses of P Ltd paid by Q Ltd is over and above the consideration payable to Q Ltd. It is treated as Goodwill. As we have capital reserve balance, it is adjusted with Goodwill, to get the net effect of amalgamation.
Gomathi K
CA Final
★ 40K+
1
672
Video is not playing in firefox
Auditing
answered on 27-Aug-20 14:12
I don't know why my video is not playing in laptop
latest answer
send email to support@indigolearn.com
Deepak Thinu
CA Inter
★ 390
1
701
Depreciation
Accountancy
answered on 27-Aug-20 16:36
Is provision for depreciation is current liability? In case it is current liability then what is the reason
latest answer
Under classification of accounts there are i) personal a/c's ii) Real a/c's iii) Nominal a/c's iv) valuation a/c's Here your doubt is about valuation a/c's These are the accounts which are created to show assets or liabilities at their original values (for clear presentation of financial statements). These accounts doesn't have any nature of assets or liabilities but they are just opposite to their original or source accounts (in terms of posting entries like debit and credit). Examples are prov for dep, prov for bad and doubtful debts, reserve for creditors etc., If clearly shows what is the cost at which it is purchased and accumulated depreciation details.... Hope it helps!!!
Akshay jerry
CA Inter
★ 10
2
1K+