Edu for All : CA CMA R.Kumar📚
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Edu for All : CA CMA R.Kumar📚
CMA Inter (December 2025) - RRS purchased a machine from PKS on hire purchase system, whose cash price was ₹8,64,000.
Terms of purchase are ₹2,16,000 to be paid on delivery and balance in three annual instalments of ₹2,88,000 each.
The amount of interest included in the first instalment would be:
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1 day ago | [YT] | 1
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Edu for All : CA CMA R.Kumar📚
CMA Inter (December 2025) - The following details are available in respect of a Departmental Stores for a year:
Department Opening Stock Purchases Sales
X 240 units 2,000 units 2,040 units @ ₹130 each
Y 160 units 4,000 units 3,840 units @ ₹117 each
Z 304 units 4,800 units 4,992 units @ ₹140 each
Total value of purchases is ₹9,80,000.
It is observed that the rate of Gross Profit is the same in each department.
The rate of Gross Profit on sales will be:
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3 days ago | [YT] | 0
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Edu for All : CA CMA R.Kumar📚
CMA Inter (December 2025) - Given:
Average Profit: ₹17,34,000
Total Assets: ₹1,35,00,000
Outside Liabilities: ₹83,00,000
Normal Rate of Return: 12%
The value of goodwill under capitalisation of average profits will be:
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5 days ago | [YT] | 0
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Edu for All : CA CMA R.Kumar📚
CMA Inter (December 2025) - A and B are partners having profit-sharing ratio of 5 : 3.
They admitted C into the firm giving him 3/10th share.
If C acquires 1/5th share from A and 1/10th share from B, the new profit-sharing ratio will be:
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1 week ago | [YT] | 0
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Edu for All : CA CMA R.Kumar📚
CMA Inter (December 2025) - X purchased goods costing ₹1,00,000. Y sold the goods for ₹1,50,000.
Profit sharing ratio between X and Y is equal.
If same set of books is maintained, what will be the final remittance?
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1 week ago | [YT] | 0
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Edu for All : CA CMA R.Kumar📚
CMA Inter (December 2025) - Closing Stock of ₹60,000 includes goods costing ₹10,000 sent on approval basis at selling price of ₹12,000.
10% of the stock is destroyed by fire (insurance claim accepted for 75% of cost).
What amount of Closing Stock will appear in the Balance Sheet?
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