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CA Foundation

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Common Proficiency Test is conducted by The Institute of Chartered Accountants of India. It is the first level of Chartered Accountancy examinations. Exam subjects include Accounting, Mercantile Laws, Economics and Quantitative Aptitude. A candidate must be 12th Class pass. Here, you can find Mock Tests, solved Previous Year Papers and Topic-wise Tests.

discussions

Mohammed Gassan
Posted 20 days ago

What amount is to be charged to the account of M/s Shahji & Co. for the transaction of goods worth Rs. 50,000 purchased from M/s Shahji & Co. @ 10% trade discount & 5% cash discount, if half amount is paid by cheque?

This thread is dedicated to preparation for Fundamentals of Accounting section of CA - CPT. You may share questions related to topics like Accounting for Special Transaction, Partnership Accounts, Depreciation Accounting, Company Accounts, Accounting Process, Final Accounts, Theoretical Framework etc.

Kanchi Agrawal
Posted 8 months ago

The cost of inventory as per physical verification as on 24th March 2007 was Rs. 4, 00, 000. Goods are sold at a profit of 25% on cost.

On 27th March, goods on the sale value of Rs. 1, 00, 000 were sent on sale on return basis to a customer, the period of approval being two weeks. He returned 20% of the goods and approval 80% of the remaining on 31st March.

The cost of inventory as per book is

This thread is dedicated to preparation for Fundamentals of Accounting section of CA - CPT. You may share questions related to topics like Accounting for Special Transaction, Partnership Accounts, Depreciation Accounting, Company Accounts, Accounting Process, Final Accounts, Theoretical Framework etc.

Kanchi Agrawal
Posted 8 months ago

The cost of inventory as per physical verification as on 24th March 2007 was Rs. 4, 00, 000. Goods are sold at a profit of 25% on cost.

On 27th March, goods on the sale value of Rs. 1, 00, 000 were sent on sale on return basis to a customer, the period of approval being two weeks. He returned 20% of the goods and approval 80% of the remaining on 31st March.

The cost of inventory as per book is

This thread is dedicated to preparation for Quantitative Aptitude section of CA - CPT. You may share questions related to topics like Statistics, Sampling Theory, Sequence and Series, Permutation and Combination, Limits & Continuity, SI & CI, Probability, Set Theory, Equations & Inequalities, Surds, Indices and Logarithms etc.

Aashi Girothia
Posted 11 months ago

Np3 120

This thread is dedicated to preparation for Fundamentals of Accounting section of CA - CPT. You may share questions related to topics like Accounting for Special Transaction, Partnership Accounts, Depreciation Accounting, Company Accounts, Accounting Process, Final Accounts, Theoretical Framework etc.

Kanchi Agrawal
Posted 8 months ago

The cost of inventory as per physical verification as on 24th March 2007 was Rs. 4, 00, 000. Goods are sold at a profit of 25% on cost.

On 27th March, goods on the sale value of Rs. 1, 00, 000 were sent on sale on return basis to a customer, the period of approval being two weeks. He returned 20% of the goods and approval 80% of the remaining on 31st March.

The cost of inventory as per book is

This thread is dedicated to preparation for CA - CPT. You may share questions related to topics like The Indian Contract Act, The Sale of Goods Act, The India Partnership Act etc.

Praveen Upadhayay
Posted 1 year ago

Quasi contractual obligation arise by principal of

This thread is dedicated to preparation for Fundamentals of Accounting section of CA - CPT. You may share questions related to topics like Accounting for Special Transaction, Partnership Accounts, Depreciation Accounting, Company Accounts, Accounting Process, Final Accounts, Theoretical Framework etc.

Kanchi Agrawal
Posted 8 months ago

The cost of inventory as per physical verification as on 24th March 2007 was Rs. 4, 00, 000. Goods are sold at a profit of 25% on cost.

On 27th March, goods on the sale value of Rs. 1, 00, 000 were sent on sale on return basis to a customer, the period of approval being two weeks. He returned 20% of the goods and approval 80% of the remaining on 31st March.

The cost of inventory as per book is

This thread is dedicated to preparation for Quantitative Aptitude section of CA - CPT. You may share questions related to topics like Statistics, Sampling Theory, Sequence and Series, Permutation and Combination, Limits & Continuity, SI & CI, Probability, Set Theory, Equations & Inequalities, Surds, Indices and Logarithms etc.

Aashi Girothia
Posted 11 months ago

Np3 120

Mohammed Gassan
Posted 20 days ago

What amount is to be charged to the account of M/s Shahji & Co. for the transaction of goods worth Rs. 50,000 purchased from M/s Shahji & Co. @ 10% trade discount & 5% cash discount, if half amount is paid by cheque?

Mohammed Gassan
Posted 20 days ago

What amount is to be charged to the account of M/s Shahji & Co. for the transaction of goods worth Rs. 50,000 purchased from M/s Shahji & Co. @ 10% trade discount & 5% cash discount, if half amount is paid by cheque?

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