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Why do we use standard price to calculate quantity variance while using actual quantity to calculate price variance ?
Negal has not previously been resident in the UK , being in the UK for less than 20 days each tax year. For the tax year 2015 / 2016 , he has three ties with the UK .
what is the maximum number of days which negal could spend in the UK during the tax year 15/16 without being treated as resident in the UK for that year ?
Ans : 120 days. because he has previously not resident and 3 ties match
but the ans show 90 days but how ?Dear sir, how do we calculate revaluaton surplus, when we revalute a depriciated asset ? Unrealised profit and revaluaton surplus is the same thing ? .
dear sir, closing debit balance will be in the creidit side of sales tax account , but why ? its called debit blance ,so it should be on debit side, please explain me to sir.
yeah I have watched all of the lecture , Many many thanks sir, now everything is clear.
Dear sir, In practing , there are some question in consolidated financial statement or income statement ,that do not mention how much % of subsidiary , they only mention, The following are the financial statements relating to Black , a limited liability company, and its subsidiary company Bury. so when we calculating Retain earnings how can we get the subsidiary % ?. but they also give some additional information about intra group sales, and there they told Black sold goods which cost $ 12 million to Burry, Black invoiced Bury at cost plus 40% . Bury still 30 % of these goods in inventory.
