✨ CA Foundation Mode

Padhai soft, checking strict.

Home aur planner fresh pastel look mein. Answer check karte waqt ICAI-style ledger paper aur red ink correction.

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πŸ“˜ Paper 1: Accounting Basicsβœ“
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Examiner Simulator

Red Ink Check Answer

Yahan design Ledger style mein badal jaata hai: parchment paper, green border, red pen se correction. Button dabao aur dekho.

Practice Β· Q1

4 marks
AS 10 / Depreciation Β· PPE Cost Principles

Cost of PPE includes purchase price, selling expenses import duty & transit insurance, and interest on loan always directly attributable erection costs βœ“

Score: 2 / 4 Β· Working notes zaroor likho!
← "selling expenses" machine cost mein kabhi capitalise nahi hote!

Active Recall Flashcard

Tap card to test immediate active memory before looking at ICAI suggested answer.

πŸ‘† Tap to Flip Card
CA Foundation Β· Valuation Principle Question Front

Q: Finished goods are expected to sell at or above cost. Replacement cost of raw materials dropped. What is the valuation rule?

Recall in your head, then tap to check! Flip βž”
ICAI Suggested Model Provision Answer Back

Materials and other supplies are NOT written down below cost if the finished products in which they will be incorporated are expected to be sold at or above cost.

Key: Keep RM at cost, not replacement value!

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Flashcards

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