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suggested answers for nov 2010 final new

siva sankar reddy (chartered accountant) (104 Points)

24 November 2010

can anyone provide the answers for final new syllabus 2010

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(Guest)

which one u want which subject i cant provide u all the answer at one place if u want i can tell u on u r specific question

siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

both groups

(Guest)

lets start with accounts

siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

should i ask each question or u will send to mail

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(Guest)

q.1.a. its an assest and should be treated as an u account for drums,barrels and all the contaioners

q.1.b.its should be provided as per specific requirement of comanies act

q.1.c.account as required

q.1.d. written off the 600000 and make provision for 70000

(Guest)

q.2. provision for year 1.345800

and so on

(Guest)

lets talk we both can check what we can get and how much both of us can score

tell me what u had wriiten and the same i do

siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

q no 1 a) why it is an asset, since it is not intended for repetetive use nor it is not intended to sell

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(Guest)

howmuch u r expecting to get in q.1 and q.2

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(Guest)

when u go to buy cold drink u get the cold drink or u get the bottel and also there is a specific provision made in account i had check that answer from mpv even .

siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

seven marks, in question 1.b) even it is a statutory requirement,as per icai guidance note it is not a compulsory disclosure,disclosure in notes is sufficient.

siva sankar reddy (chartered accountant) (104 Points)
Replied 24 November 2010

beer bottle is different from cooldrink bottle,since colldrink bottle will not give for free,where as beer bottle can be given for free

(Guest)

correct i hope to get 9 what about question 2

had u made all the provision right

i had made the first year correct

in second year rather than recalulation of 1 year i had adjusted in 2 year itself and 3 year is on actuals that i made right how much should i get in that