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Bank cash book
Accountancy
answered on 11-Mar-25 08:43
IA 1. From the following particulars, prepare a Bank Reconciliation Statement. a. Debit balance as per cash book Rs.15,000 b. Three cheques of Rs. 1,500, Rs.2,500 and 3,000 were issued but not presented for payment C A cheque of Rs.2,000 paid into the bank for collection, but not collected by the bank d. Bank charges debited in pass book but not recorded in cash bank of Rs.1,000 e Interest collected and credited by the bank but not entered in cash book of Rs.1,500
latest answer
What is your doubt in the question?
Puskar Ayer
Qualified CA
★ 0
1
343
SPOM SET C
Others
answered on 11-Mar-25 09:14
I cleared Ca inter g1 in May 2022 and g2 in Nov 2022 . I am giving my CA final exam in May 2025 . ADV ITT AND MCS completed. ICAI circular says those who cleared 8 papers in Intermediate level, only Set A&B are applicable. But Set C is showing up on my SPMT PORTAL (not LMS Portal) . What to do ??
latest answer
Ignore!
Abhijeet Verma
CA Final
★ 0
1
323
Present value of Cash outflow
Financial Management
answered on 11-Mar-25 08:07
Sir, in NPV for calculating PVCO = Initial Cash flow + Further cash flow divided by (1 + Ko) when should we use this formula ?
latest answer
Sure sir, thank you so much for responding : )
Jashvanth.K
CA Inter
★ 11K+
2
212
Fixed cost
Financial Management
answered on 11-Mar-25 09:43
Here, given higher the FC higher the OL Fc always *fixed* right then how it will rise...................if it's high also how's it possible to get high leverage i.e, high benefit
latest answer
TQ sir
anju B
CA Inter
★ 21K+
3
232
Revised Return
Indirect Taxation
answered on 12-Mar-25 16:22
If a registered person, apply for registration within 30 days he is eligible to issue revised return and hence liable to tax. Registered recipient will accept and pay additional tax as he can claim ITC, but why will unregistered recipient to agree to pay tax? Is there practical challenges in this aspect? Should the supplier only bear the burden of tax?
latest answer
It’s a practical challenge. Difficult to collect in case of unregistered person.
Raviteja Kusumanchi
Qualified CA
★ 42K+
1
208
Inception of Lease
Financial Reporting
answered on 11-Mar-25 09:13
It was mentioned that inception of lease is earlier of (i) Date of agreement or (ii) Date on which principle terms and conditions are "agreed and signed". In the given example even though they have agreed the terms on 1st April but the agreement got "signed" only on 15th April. Then should 15th April be the inception of lease ?
latest answer
1st April
Banu Priya
CA Final
★ 6K+
1
278
Cash flow Statement
Accountancy
answered on 11-Mar-25 10:46
Sir, can we treat 'loss on sale of P&M' as a non cash item instead of treating it as an investment related activity for adding back it to Net Profit
latest answer
Okay Sir
Nisha M
CA Final
★ 2K+
2
249
About the share based compensation depth
CFA
answered on 11-Mar-25 08:02
sir, Actually this topic is more in depth but this much depth is not there in scheweser notes in 2025 syllabus only theoritical part is given. will there be any bits practical questions asked on this topic in the examination can i expect ?
latest answer
Okay Sir
dhupam jayanth
CFA L1
★ 10
2
198
calculation of book profit
Direct Taxation
answered on 13-Mar-25 10:44
why do we subtract 12% of interest?
latest answer
Thank you very much sir 😊
Rania D'souza
CA Inter
★ 650
3
246
Buyback
Accountancy
answered on 10-Mar-25 10:12
In this illustration, why only 300 transferred to crr???.when 500 shares bought back
latest answer
Thank you sii
Priyanka R
CA Final
★ 20K+
2
207