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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

Janahith Reddy

CA Inter

12K+

4

806

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

POORNA GORRELA

CA Final

16K+

3

839

Departmantal accounts

Accountancy

answered on 24-Feb-20 05:59

Sir, in case of un realized profits in opening stock or closing stock, stock reserve account should be credited or debited respectively with that portion of un realized profit. In which account should stock reserve account is credited or debited. TRADING ACCOUNT OR P/L a/c. Sir saidp in different questions at two different places

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IndigoLearn

Star Ca

Star Ca

CA Inter

3K+

3

847

AS 29 Meaning of Provision

Accountancy

answered on 24-Feb-20 06:13

In the annexed pictures, there is a meaning of Provision and a case study. In the given case study, amount is clearly provided and thus as per definition we didn't apply any substantial degree of estimation, then how come we are Calling it as a Provision? Pls explain.

latest answer

Your understanding is correct. It would be a liability once the amount is ascertained. However, at times in cases of environmental damages etc, the amount incurred may be more than the original estimate. Hence could be called a provision as well.

Rahul Sharma

Rahul Sharma

CA Inter

3K+

1

1K+

INSURANCE CLAIMS

Accountancy

answered on 02-Mar-20 22:20

Which expenses of these following expenses are treated as insured standing charges expenses

latest answer

Yes sir normal g/p means = net profit+ insured standing charges. #g/p for additional expenses is g/p%on adjusted annual turn over. Satya.. Sir clearly. Am i correct

subramanyam yendakuarthi

subramanyam yendakuarthi

CMA Final

4K+

13

1K+

Basic Concept of Permutations and Combination

Maths & Stats

answered on 23-Feb-20 10:57

10 examination paper are arranged in such a way that the best and worst papers never come together. The number of arrangement is

latest answer

First find out total number of ways to arrange 10 papers. Then find out number of ways in which both are always together i.e. considering best and worst papers as one unit. Subtract 2 from 1.

priya dhanba

priya dhanba

CA Foundation

0

1

768

Redemption of debenture

Accountancy

answered on 22-Feb-20 20:15

Can I able to get this chapter alone for online classes?

latest answer

Okie thankyou

sai karthi

sai karthi

CA Final

4K+

4

1K+

Operating cycle

Accountancy

answered on 22-Feb-20 20:13

Can a business can have more than 1 operating cycle for different products? Can it alter the operating cycle whenever they feel so?

latest answer

Operating Cycle is determined for each business separately. A company can have more than one Operating Cycle. But for most practical purposes, an average can be used.

Raviteja Kusumanchi

Raviteja Kusumanchi

Qualified CA

42K+

7

942

Best way to revise all the standards the day before exam?

Accountancy

answered on 13-Mar-20 19:51

Dear Satya Raghu Sir, It is great learning to attend your classes. Everything is just perfect. The quizy assessments make it more interesting. The notes are also good. I would like to request you to suggest a plan to revise max. of standards in least min. time that too day before exam. Thanks in advance.

latest answer

We already did one important AS YouTube live. We suggest you go through the notes and if required make own notes and go through the same before the exam

Rahul Sharma

Rahul Sharma

CA Inter

3K+

1

907

Basic Concept of Permutations and Combination

Maths & Stats

answered on 22-Feb-20 06:09

If 12 school teams are participating in a quiz contest, then the number of ways the first second and third position may be won is

latest answer

1st - 12 ways, 2nd - 11 ways and third 10 ways Total = 12x11x10 = 1320 or 12P3 = 1320

priya dhanba

priya dhanba

CA Foundation

0

1

805