Forums
Website updation
Others
answered on 09-Aug-20 07:24
I cannot see my courses after login!!!
latest answer
Done. Thank you sir for quick response
Rakesh Prabhu
CA Final
★ 2K+
2
619
Query
Others
answered on 08-Aug-20 21:37
Sir if Icai conducts exams from Nov 9 will the classes be available till last date
latest answer
Classes will be available till last date of exams or 31st December whichever is earlier.
Prasanth Kumar
CA Inter
★ 13K+
1
605
Accounting equations
Costing
answered on 10-Aug-20 11:47
Please explain me
latest answer
The accounting equation is considered to be the foundation of the double-entry accounting system. The accounting equation shows on a company's balance sheet whereby the total of all the company's assets equals the sum of the company's liabilities and shareholders' equity. Based on this double-entry system, the accounting equation ensures that the balance sheet remains â??balanced,â?? and each entry made on the debit side should have a corresponding entry (or coverage) on the credit side. Assets represent the valuable resources controlled by the company. The liabilities represent their obligations. Both liabilities and shareholders' equity represent how the assets of a company are financed. Financing through debt shows as a liability, and financing through issuing equity shares appears in shareholders' equity. Accounting Equation Formula is Assets=Liabilities+Owner's Equity
Urmila Ingle
CA Foundation
★ 0
1
834
Which Type of account
Accountancy
answered on 08-Aug-20 14:20
Outstanding rent is representing a person so it is PERSONAL a/c, OK but it is also a liability as it is yet to pay .Then why can't we treat it as REAL a/c because real a/c are all assets & liabilities( as we know balance sheet is based on real a/c's).. please clarify my confusion clearly
latest answer
Outstanding rent is the representative personal account , it is classified as a personal account. But, expenses outstanding a/c is a personal account with a credit balance. The balance indicates the amount that is owed by the organisation on account of unpaid expenditure. Hence, treated as liability.
Hari Krishna
CA Foundation
★ 1K+
1
1K+
Tally erp 9
Exams
answered on 08-Aug-20 20:08
Tally erp 9 certificate test is subjective or objective type test ??
latest answer
It is a practical test where you have to pass entries in tally when you are on a webcam in front of your computer
Swati Chaurasiya
CA Inter
★ 1K+
1
820
Differentiation
Maths & Stats
answered on 11-Aug-20 12:40
The question is in the picture
latest answer
U can even simplify by using square on both sides and then you will get (y/x+x/y)=34 and then differentiate
lohita Prava
CA Final
★ 35
3
684
Single entry
Accountancy
answered on 10-Aug-20 11:57
In the question it is given as damaged once was sold for rupees 500 which is included in the cash sales but One of the faculty has made that above account and credited by sales rupees 1500 but I think OK it is credited by sales with 500 what we do
latest answer
Can you please send the question image or the video reference?
subramanyam yendakuarthi
CMA Final
★ 4K+
1
696
Articles
Others
answered on 07-Aug-20 19:49
Is lockdown period considered as attendence for articleship ?
latest answer
Here is the response from ICAI. You can create a ticked on e-sahayata platform of ICAI.
Rahul H
CA Final
★ 0
5
688
Doubt
Accountancy
answered on 08-Aug-20 00:26
Is this illustration no.1 is complete in question ??
latest answer
Yes. It is complete.
anamika vardhan
CA Inter
★ 1K+
1
744
Under capitalisation
Financial Management
answered on 08-Aug-20 17:23
How does under capitalisation increases the rate of dividend in comparison to similar situated companies in the industry?
latest answer
Thank you ma'am
Swathi Krishna
CA Final
★ 8K+
2
729