i m a student of icwai just passed out my foundation exam nd i
wanna know whether it is necessary to 1st go for group 1 of intermediate or group second can also be taken 1st..
- 1 Answers
- 3002 Views
- I also Faced
- E-Mail Answers
Answer Posted / md.shakil
If u hv been admitted in the process of facing the
examination i.e. if u hv got clearance certificate for the
intermidiate examination it is quite clear that u can
appear for any exam either gr.I or Gr II or both at a time.
cma Md.Shakil
M.com, LL.B & AICWA
cma.shakil@yahoo.com
kolkata
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
how to check which item is sold by the sundry debtors in tally?
deffered tax treatment in financial statements
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
what are the customization u have done in sap mm
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
i want the difference p&l a/c and Income and expediture statement
WhatIs the limit of duty exemption in smal scale industries.
What is the journal entry for Call and a Put option both in the books of buyer and seller
please explain the uses of internate protocol address(ip add)?
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
HOW TO MAINTAIN BANK A/C
Expand---------SDRT?
what is sevice tax? on what service tax is applicable. explain with examples?
am attend to bank exam(iob)pls send model questions
