[rameeza]

Thanks a lot sir

[rameeza]

Thank you

[rameeza]

Thanks for your suggestion 🙂

[rameeza]

Thank you so much for your advise sir.
I will start planning now with more confidence.

[rameeza]

okay, Thanks a lot sir

[rameeza]

Thanks a lot sir

[rameeza]

Okay thank you sir.

[rameeza]

In order to find an average, we always add the opening and closing figures and divide them by 2. This is the same thing happening here and the scrap value just represents the closing figure of the investment.

[rameeza]

Okay sir,Thank you so much

[rameeza]

Do we do 1/4 because there are 4 years between 20X2 to 20X6?

[rameeza]

Motor van will fall under main pool and would be an addition qualifying for AIA

High emission motor car will be private use asset and will be recorded in a separate column

[rameeza]

Okay, Thank you sir

[rameeza]

CLOUT stands for ‘Case law on UNCITRAL texts’
There were so many illustrations in Kaplan textbook, saying so&so principal was tested in CLOUT case no….
I judt don’t understand what exactly is CLOUT? what is meanign of tested in this context.
Please explain me sir.

[rameeza]

sorry, intra-group trading i mean.

[rameeza]

Thank You sir!

[rameeza]

I too understood now! Thanks a lot, sir.

[rameeza]

Sir, isn’t there a concept called revenue expenditure, an expenditure which is not capital but revenue in nature, but we write it off in more than one accounting period, basically it is deferred, we capitalise them and call it fictitious assets?
Are you getting me sir?

[rameeza]

Thanks for the explanation sir!

[rameeza]

Sir, if we transferred the amount of payables from purchases day book, is it like, then this adjustment will not have any effect in payables ledger control account?

[rameeza]

Thanks a lot sir.

[rameeza]

I understood now, Thank you sir

[rameeza]

Okay! I got it!
Thank you sir

[rameeza]

Thank you sir

[rameeza]

Thank You sir

[rameeza]

Thanks a lot, it’s very helpful

[Author]

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