CA. JAIN (Chartered Accountant) (466 Points)
03 November 20121). whether is any stock ledger account is open under financial books...???
a)yes
b)no
2)If the answer of 1 is yes then how much stock account are open....???
a)one...
b)two..i.e opening and closing
c)Nil
3)whether P&l is a ledger account....??
a)yes
b)no
4)if answer of 3 is no,then whether any entry can be entered into P&l without posting in ledger accounts...??
a)yes
b)No
Deepak Dargad
(Chartered Accountant....)
(9787 Points)
Replied 03 November 2012
| Originally posted by : CA. JAIN | ||
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1). whether is any stock ledger account is open under financial books...??? a)yes b)no 2)If the answer of 1 is yes then how much stock account are open....??? a)one... b)two..i.e opening and closing c)Nil 3)whether P&l is a ledger account....?? a)yes b)no 4)if answer of 3 is no,then whether any entry can be entered into P&l without posting in ledger accounts...?? a)yes b)No |
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WAITING FOR ANSWERS.............
CA. JAIN
(Chartered Accountant)
(466 Points)
Replied 03 November 2012
Dear Deepak,
I have discuss all above question with lots of CAs and CAs students...bec i want to check my knowledge vis a vis others...by counter question...
Now we discuss above..
If stock account is not open in books,then how opening stock comes in TB..???
If stock account are open then which entry are posted(any one ) in stock ledger account...??
CA D R P
(Chartered Accountant)
(313 Points)
Replied 03 November 2012
VERY FUNDAMENTAL QUESTIONS...
1. B
2. C
3. B
4. B
CA. Kapil Goel, DISA(ICAI)
(cakapilgoel.wordpress.com)
(2191 Points)
Replied 06 November 2012
The answers are ....
1. b
2. c
3. b
4. b
Ranganathan K
(Manager-Accounts & Audit)
(329 Points)
Replied 07 November 2012
As per my knowledge and opinion, the answers are...
1. a
2. a
3. a
4. b
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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