CA Inter Advanced Accounting RTP September 2024: Question Paper and Solutions

How to Prepare for CA Intermediate Advanced Accounting

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Question directory and available solutions

20 indexed questions. Open a question to read its full statement and available answer.

1. Suman Ltd. is in the business of manufacturing electronics equipment and selling these at its various outlets. It provides installation services for…
2. As per AS 2, Inventories include materials awaiting use in production process, what should be included in Inventories from the following:
3. Kirti Ltd. is in the business of manufacturing computers. During the year ended 31 st March, 2024, the company manufactured 550 computers. It has…
4. Purse Ltd., a non financial company has the following entries in its Bank Account. It has sought your advice on the treatment of the same for…
5. For five companies whose financial year ended on 31 st March, 2023, the financial statements were approved by their approving authority on 15 th…
6. Explain whether the following will constitute a change in accounting policy or not as per AS 5: (i) Introduction of a formal retirement gratuity…
7. Mehta Itd. has undertaken bridge construction contract wherein, bridge will be constructed in 3 years. The details of the contracts are as follows:…
8. When will the revenue be recognized in the case of inter divisional transfers?
9. Alfa Ltd. purchased an item of property, plant and equipment for US $50 lakh on 01.04.2023 and the same was fully financed by the foreign currency…
10. Energy Ltd. has acquired a generator on 1.4.2023 for 100 lakh. On 2.4.2023, it applied to Indian Renewal Energy Development Authority (IREDA) for a…
11. A company is engaged in the business of refining, transportation and marketing of petroleum products. During the financial year ended 31 st March,…
12. Loyal Ltd. has undertaken a project for expansion of capacity as per the following details: Plan (₹) Actual (₹) October, 2023 5,00,000 4,00,000…
13. Whether interest expense relating to overdrafts and other operating liabilities identified to a particular segment should be included in the segment…
14. The following information is available in respect of High-end Ltd. for the accounting year 2022-2023 and 2023-2024: Net profit for ₹ Year 2022-2023…
15. Hill Ltd. has a share capital of 50,000 shares @100 per share. Sun Ltd. acquired 15% shares in Hill Ltd. on 1.4.2024. It also acquired all the…
16. Arzoo Ltd. is in the business of manufacture of Passenger cars and commercial vehicles. The company is working on a strategic plan to shift from the…
17. A publisher owns 150 magazine titles of which 70 were purchased and 80 were self-created. The price paid for a purchased magazine title is…
18. A company incorporated under Section 8 of the Companies Act, 2013, have main objective to promote the trade by organizing trade fairs / exhibitions.…
19. Purpose Ltd. resolves to buy back 4 lakhs of its fully paid equity shares of 10 each at 22 per share. This buyback is in compliance with the…
20. From the following particulars relating to Pune branch for the year ending December 31, 2024, prepare Branch Account in the books of Head office.…