Forums
Practice questions
Accountancy
answered on 26-Feb-20 17:55
Sir where can I get practice questions for CA Foundation accounts which is helpful for preparing for exams
latest answer
Refer to past exam questions and RTPs.
sai t
CA Foundation
★ 2K+
1
760
Quadratic equation
Maths & Stats
answered on 27-Apr-20 19:35
Find the quadratic equation sum of whose roots is 3 and the sum of cubes of roots is 7
latest answer
Let roots be a & b; a + b = 3; (a)3 +(b)3 = 7 (a+b)3 = a3 +b3 +3ab(a+b) (a+b)3 = 7 + 3ab( 3) (3)3 = 7 + 9ab 9ab = 20 ab = 20/9 a+b = 3 A quadratic equation is x² - (sum of roots) x + product of roots= 0 x² - 3x +  20/9 = 0 9x² -27x +  20 = 0
DIVYA S
CA Final
★ 54K+
3
813
Dividend Declared treatment in financial statement
Accountancy
answered on 26-Feb-20 17:57
Dividend declared means declared by the shareholders in annual general meeting. And AGM happens after the financial statement gets approved by board & gets audited by auditor And we prepare financial statement on 31st March Then how dividend Declared can be accounted in that financial year ?
latest answer
Dividends declared on AGM (Say in September 2019) will be accounted as dividend in financial year 2019-20. The concept of provision for dividend no longer exists. Dividend is accounted only when approved - by BOD in case of interim dividends and by Shareholders in AGM in case of Final dividend.
Chandan Subudhi
CA Final
★ 12K+
6
3K+
Linear inequalities
Maths & Stats
answered on 26-Apr-20 07:37
Exercise q.no 7 ,L4 sir told downward direction as less than
latest answer
Ok thanks
DIVYA S
CA Final
★ 54K+
5
823
Insurance claim
Accountancy
answered on 26-Feb-20 17:57
Sir, in this they add firefight exp after apply of average clause but as per theory we have to deduct the fire fight expenses from salvage value
latest answer
Fire fight expenses is generally deducted from salvage value.
subramanyam yendakuarthi
CMA Final
★ 4K+
1
924
Preliminary expenses
Accountancy
answered on 24-Feb-20 22:26
Should we account for full amount of preliminary expense in year 1 or charge it over a period in p&l ?
latest answer
Okay sir
Raviteja Kusumanchi
Qualified CA
★ 42K+
2
876
Preparation of financial statements
Accountancy
answered on 24-Feb-20 22:26
Can we disclose interim dividend as finance cost instead of showing as an appropriation out of profits ?
latest answer
Okay sir
Raviteja Kusumanchi
Qualified CA
★ 42K+
2
697
Final registration
Exams
answered on 24-Feb-20 11:10
Can i go with final registration qualifed inter 400 exactly and applied for certified copies in RTI or should i wait
latest answer
Thank you sir
Kiran R
CA Final
★ 30
2
832
Computation of total income
Direct Taxation
answered on 26-Feb-20 17:46
It's not there
latest answer
In First week of March.
Janahith Reddy
CA Inter
★ 12K+
4
762
Examination purpose
Corporate & Other Laws
answered on 24-Feb-20 06:01
Sir, Is it necessary to write monetary limits in examination
latest answer
For penalty, you need to mention.
POORNA GORRELA
CA Final
★ 16K+
3
810