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Accountancy
answered on 07-Mar-20 12:10
What is 7 8 and 9 points and how can I solve that 3 points can any one explain so that it would be helpful Thanks in advance
latest answer
7) interest received includes 1000 rs which is actually cash received from debtors , so you need to credit debtors account and deduct 1000 from interest received . 8) you need to create a liability for interest outstanding i.e 100000 Ã? 12 % As well as create a asset as interest receivable in balance sheet . 9) you need to prepare a debtors account and create 5% provision. this provision amount will be debited in profit and loss account and in balance sheet you will deduct this provisions from gross debtors
sai t
CA Foundation
★ 2K+
1
796
Recognized Provident Fund
Direct Taxation
answered on 15-Mar-20 20:19
1. What do you mean by recognized by Income Tax act ? 2. Sir in this example , the recognized fund will be different from company to company. So how did it form part as continuous period ?
latest answer
Statutory is maintained by government, recognised pf is maintained by the employer
Raviteja Kusumanchi
Qualified CA
★ 42K+
7
1K+
Live
Accountancy
answered on 06-Mar-20 20:33
Live streaming for accounting standards .. what about starting time and ending time sir
latest answer
4 pm to 5 : 30 pm march 7
Shanmukha Chippada
CA Inter
★ 520
1
725
Live Streaming By CA Sathya Raghu on Accounting Standards.
Others
answered on 08-Mar-20 14:59
Hi. Just got to view a notification on my phone regarding a live streaming by CA Sathya Raghu on Accounting Standards but unfortunately I missed the date and time. Could anyone help me with it?
latest answer
Yes
Ajay Kumar Manghat
CA Inter
★ 770
8
788
Abnormal loss in Cost sheet
Costing
answered on 06-Mar-20 17:41
What is the treatment of abnormal loss in Cost Sheet ???
latest answer
Ohhk got it sir... thank u
Chandan Subudhi
CA Final
★ 12K+
2
869
Illustration
Direct Taxation
answered on 13-Mar-20 18:58
Can anyone tell me the solution of question 4 of salary
latest answer
Please share the question and your working of the solution here and we shall go through & respond
sweta poddar
CA Inter
★ 5K+
3
818
Material Chapter Query
Costing
answered on 06-Mar-20 17:15
In some quantitative levels, there are 2 formulas for calculating a same level of stock... In exams, if the information is available for solving by both the methods, do we need to solve both of them or any one will do...? Just asking for time management purposes...
latest answer
One of them is sufficient.
Deepak Gupta
CA Inter
★ 1K+
1
720
Money laundering
Information Systems
answered on 06-Mar-20 17:16
To find out wheather the transaction is money laundering who is the responsible to find out money laundering ....auditor ???? Suppose it's auditor .... If auditor can't able to find out money laundering ..then who t he responsible for that ...and auditor get punishment ?????
latest answer
It is the responsibility of management. Auditor has to be vigilant during audit and if any suspicious transaction appears, he needs to investigate further.
Nivetharaman Raman
CA Foundation
★ 11K+
1
680
PMLA prevention of money laundering
Information Systems
answered on 06-Mar-20 17:16
There are sec 12, 13 understand the concept can i write own language or .. need to write ..as per given in that sec?
latest answer
You can write in own language.
Nivetharaman Raman
CA Foundation
★ 11K+
1
782
CASA
Information Systems
answered on 06-Mar-20 17:16
In core banking system CASA .(current acnt and saving acnt) What is Pre duscursement certificate?
latest answer
It is given by bank.
Nivetharaman Raman
CA Foundation
★ 11K+
6
727