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Mixed economy
Economics
answered on 06-Nov-20 04:15
In mixed economy company give preference to poor like socialism or rich like capitalism
latest answer
Mixed economy is the combination of capitalist economy and socialist economy
Jashwanth S
CMA Inter
★ 2K+
2
765
Query
Direct Taxation
answered on 26-May-20 18:43
Are all the latest amendments included in the online classes and notes for November 2020?
latest answer
Amendments needs to be added.
Anupama Ramesh
CA Inter
★ 0
1
831
Income from os
Direct Taxation
answered on 28-May-20 11:47
Section 2(22)(e) is taxable in hands of shareholders or company!!
latest answer
Tqqq
Qwerty Asd
CA Foundation
★ 540
9
781
Supply
Indirect Taxation
answered on 26-May-20 10:24
In schedule 2 They given after its first occupation that means what?
latest answer
Means when you occupy
Kanaga Mani
CA Inter
★ 3K+
3
894
Incomplete records
Accountancy
answered on 26-May-20 08:17
In some cases we are deducting some items like PBDebts from given closing balance sheet.. And in some other qsns, we are considering that item has already deducted, How to find whether it should be deduct Or already deducted?
latest answer
Can you give reference examples you have come across
Suryaa Ss
CA Inter
★ 0
1
709
Accountancy - question
Accountancy
asked on 26-May-20 07:45
In some questions we are considering closing balance sheet is after deduction of some items like PBDebts, in other qsns we are Deducting from given closing balance, wherther it deducted or .. ?
latest answer
No answers yet!!
Suryaa Ss
CA Inter
★ 0
0
658
Composition scheme
Indirect Taxation
answered on 26-May-20 10:37
A person can provide other services other than restaurant services not exceeding 10% of turnover or Rs. 5 lakhs whichever is higher. Whether that 10% has to be calculated on aggregate turnover of a person on all India basis under the same PAN or on a turnover of each State/UT?
latest answer
Thank you
Nivedha Balaji
CA Final
★ 9K+
5
785
Composition scheme
Indirect Taxation
answered on 29-May-20 11:36
Whether a person making inter state outward supply of services is eligible under composition scheme?
latest answer
Thank you.
Nivedha Balaji
CA Final
★ 9K+
8
812
Credit provision
Accountancy
answered on 28-May-20 08:25
What is credit provision for bad debts? And how should it be treated? Should we subtract provision for bad debts from credit provision for bad debts , it is mentioned in the first line of the below attached photo
latest answer
PBD is a provision. It is reduced from Debtors in Balance sheet. If PBD balance is more than required then the excess is credited to P&L.
lithish kumar
CA Final
★ 3K+
6
1K+
Rectification
Accountancy
answered on 25-May-20 18:00
One item of purchase of â?¹ 25 has been posted from the day book to ledger as â?¹ 250. Then in trial balance purchase will have 250 debit bal and the supplier will have 25 credit bal and we will have a suspense account having credit bal of 225 So when we rectify I thought it should be Suspense account dr â?¹ 225 To purchase account â?¹ 225 But the answer in the book is Supplier a/c dr â?¹ 225 Suspense a/c â?¹ 225 Please help me to correct
latest answer
Once you post 250 in day book, the creditor account is credited by 250. Posting in ledgers happen from day book.
lithish kumar
CA Final
★ 3K+
1
1K+