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Insurance co.

Accountancy

answered on 27-Aug-20 06:22

How income is calculated in illustration no.5 ??

latest answer

Is your doubt as to how Gross profit is calculated?

anamika vardhan

anamika vardhan

CA Inter

1K+

1

640

Insurance co.

Accountancy

answered on 27-Aug-20 18:31

Whether due to re-insurer item appear in schedule 13 in balance sheet ??

latest answer

Dues to re-insurer should be part of Schedule 2 under commission expense as it is operating expenses and not under Schedule 3.

anamika vardhan

anamika vardhan

CA Inter

1K+

1

698

Tax invoice

Indirect Taxation

answered on 27-Aug-20 13:30

Can unregistered person issue tax invoice under gst in any case ?

latest answer

Any registered person buying goods or services from an unregistered person needs to issue a payment voucher as well as a tax invoice

Harsh Gupta

Harsh Gupta

CA Inter

6K+

2

808

Register of members

Corporate & Other Laws

answered on 18-Sep-20 21:21

Can a director inspect the register of members? Is it free or he has to pay a an amount to inspect the same.

latest answer

No need of any payment

Chaitanya CSK

Chaitanya CSK

CA Final

10K+

3

690

Consignment

Accountancy

answered on 26-Aug-20 12:43

Do we have to do the books of consignee as well in the exam?

latest answer

Okay thank you

Sampath B

Sampath B

CA Final

21K+

4

670

Risk

Information Systems

answered on 27-Aug-20 15:43

Corona....is it hazard risk or residual risk ?

latest answer

This is only I m asking sir....tq ...

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

10

629

Meaning and type of markets

Economics

answered on 27-Aug-20 00:08

Sir there is video called illustrations of this chapter but it is in the next chapter starting video In those illustrations there is a question about FLOODS IN MAHARASTRA BUT I FEEL THE DEMAND ALSO INCREASES BUT IT IS ASSUMED AS CONSTANT explain

latest answer

It is assumed as constant that is the reason the equilibrium point is 3. If you assume the demand increases then the demand curve moves to right and the point of equilibrium would be 2. You can get n number of solutions which depends on yous assumption you make.

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

2

685

Pre incorporation contracts

Corporate & Other Laws

answered on 26-Aug-20 15:39

There are certain chances of Not accepting The Acceptance of company . Means . in case of pre incorporation contract if third party rejects the acceptance of company . means company wants to adopt it but third party refuses to sell it to company Tell Me. In this case is promoter still liable . 2.If third party wants to sell it to promoter only not company Then.

latest answer

Thankyou sir

Zeeyan KOKA

Zeeyan KOKA

CA Foundation

3K+

7

944

Doubt

Accountancy

answered on 28-Aug-20 10:57

Why they are taking 1/12 can any one explain me clearly

latest answer

Thank you clearly understood

sai t

sai t

CA Foundation

2K+

8

852

Joint products and by products

Costing

answered on 26-Aug-20 19:40

In video 2 illustration 1, they have said that the company produces 5000tons and in ICAI material they have taken the balance 200 as wastage and apportioned the cost, but in the video sir has taken total as 4800 and have proceeded it. Since they have mentioned 5000tons have been used how can we take the total as 4800.

latest answer

Thank you

Sri Varshini

Sri Varshini

CA Inter

575

2

628