ANSWERS OF CA FINAL A/C PAPER

hi avinash i said tht i m inviting answers from other student . this will improve my knoweldge like: u said bottels r not ionventory and my know has improve if u not tell me then woulsd be still in wronge direction..

so i want to thnx u for rectifying me,,,,plz dont say tht i will not post my answers , bcoz it will improve my and others(who think like me) knowledge.............. 

how many marks will be deducted in the SAR question if  all the amounts are correct but the entry  has been wrngly posted as ESOP dr to Prov for SAR rather than Empl compensation to Prov for SAR?

may be 25 %

wouldnt u get more marks as all the aounts have been correctly calculated and all teh treatments are right but just one careless mistake!! I think it should fetch atleast 9/ 16. Wat do u think

ya 9 is sure even i think u cn get 12 

Originally posted by : Lokesh Pokharna...CA FINAL M11

ANS . OF QUS 1 (A)

1.STOCK OF EMPTY BOTTELS WOULD  BE an ASSETS/INVENTORY OF CO. as it is stated in d.d. rawat book

 

lokesh

 

refer D s rawat AS 2 sum 1 or 2 dont remember exactly..

bottles are assets but recorded at nil or re1 value

agreed empty bottels as an assest for the company , and u should account for it as u account  for barrels the hotels dnt sale bear bottels they sale bear

/forum/solved-ca-final-a-c-paper-nov-10-q6a-114077.asp

 

 

answer to ca final new course a/c Q 6a.

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