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urgent query on accounts

IPCC 1598 views 21 replies

in accounts xamination is it neccessary to draw the performa and writing narration after each entry passed??

Replies (21)

In exam what u mantion is neccessary

 It is necessary. 

is it mandatory to write narrations as it is vry time consuming?

Narrations r necessary & all the working notes should form part of ur answer...

ya narrations are imp & evn d working notes but u cn cut dwn on the no. of working notes only imp notes are to be given

Yes it is Neccessary to write up narrations after passing the entry in accounts

marks r alloted for naration also.....so its necesary

Proper format and working notes both are important alongwith narations.

Write the narration in exam only when asked in the question, otherwise just write reference of entry and proceed as there is no time to write extra. While solving redemption and other corporate accounts write the notes to accounts which u know. When bonus is declared write in the balance sheet  as (above shares issued utilising divisional profit etc). See the Ideal balance sheet. U might have seen the annual report of companies and balance sheet also. Try to give the practical approach to the answer. This will fetch u marks. The institute should know that u have seen the balance sheet. Its not that u write lengthy narration. Write short and to the point. Its snot necessary that ur presentation should be in good hadwriting, but ur presentation should be right, ie u know where to write what?

No its not necessary , you have to, only when asked in question

actually its da quality wat matters in ca exams.,.,

so narration r treated as part of ur answers but its not mandatory in case of proforma.,(except banking,insurance n electricity compnay accounts)

 examiner just looks for from where to reduce marks!!!!

he is there to reject us and not for selection.

so dont give him space to crush. give appropriate narrations thereto

yes its necessary the carry some marks in each question

yes it is definitely necessary... working notes, proper presentation etc are also important...


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