Hello aspirant,
Here's a brief solution to your question:

• 1st July 2012: The plant is purchased for Rs. 40,000.
• 31st December 2012: Depreciation for 6 months (July to December) is calculated as 10% of 40,000 * 6/12 = Rs. 2,000.
• 30th June 2013: Depreciation for the next 6 months (January to June) is calculated as 10% of 40,000 * 6/12 = Rs. 2,000.
• 1st July 2013: The plant is sold for Rs. 35,000.
  • Calculate the profit or loss on sale:
    • Book value of the plant on 1st July 2013 = Cost - Depreciation = 40,000 - (2,000 + 1,000) = Rs. 37,000
    • Profit on sale = Selling price - Book value = 35,000 - 37,000 = -Rs. 2,000 (Loss)
  • Transfer the loss to Profit & Loss account.
    
    

The depreciation method used here is the straight-line method, where depreciation is calculated on the original cost of the asset. The plant account shows the complete history of the plant from purchase to sale, including depreciation and the final disposa

Hello!

Here are some of the best institutes in Hyderabad where you can pursue CMA:

1. FinSharp Global Academy
2. HI-Educare Academics Pvt. Ltd.
3. Guru Academy.
4. IMS Proschool Pvt. Ltd.
5. Financial Planning Academy.
6. CMA bhavan
7. Dwaraka Institute.
8. Stratagem Financial School.

Hope this information will help you

Hello aspirant,

Here below I am providing you the list of some top colleges/ universities which offer CMA course in India:-

Jivkaran Institute of Business Administration

••College of Management and Economic Studies

••Logic School of Management, Kerala

••Sri Medha Junior College, Vijayawada

••Nagarjuna Degree College, Bangalore

••Jivkaran Institute of Business Administration, Anand

••College of Management and Economics Studies, U niversity of Petroleum and Energy Studies, Dehradun

••Government College University

••Indian School of Commerce

••Gandhi Shanti Niketan Mahavidyalaya, Allahabad

Thank you

Hope this information helps you.

Hi aspirant,

Best CMA course offering Colleges in India are listed below.

Siddharth Academy

••Jivkaran Institute of Business Administration

••College of Management and Economic Studies

••Logic School of Management, Kerala

••Sri Medha Junior College, Vijayawada

••Nagarjuna Degree College, Bangalore

••Jivkaran Institute of Business Administration, Anand

••College of Management and Economics Studies, U niversity of Petroleum and Energy Studies, Dehradun

••Government College University

••Indian School of Commerce

••Gandhi Shanti Niketan Mahavidyalaya, Allahabad

Hope this information was helpful to you.

Good Luck!!

Hello,

If you have passed Senior Secondary or Graduation in any discipline other than Fine Arts or Passed Foundation of ICSI/Intermediate of ICAI, you can apply for the CMA course. You are eligible for CMA Course even if you are form BIPC. Candidates can pursue certified management accountant course or CMA course with specialization in financial planning, analysis, control, decision support, and professional ethics. Candidate need to give  foundation examination in ICAI (Institute of Cost Accountants of India) after appearing in 10+2 examination.

Hey aspirant

Yes, you can pursue CMA after finishing B. COM. You can enrol directly in the CMA Intermediate course.

Hope that answers you well.

All the best

A career as a certified management accountant requires expertise in financial accounting and strategic management. The management accounting certification is issued by the Institute of Management Accountant and candidates are required to successfully clear the two-stage exam along with other requirements.

CMA is responsible for managing the complete process of planning and controlling the budget of a business. They help a business to predict impending expenditures to help reduce the chance of going over budget. They calculate the expected cost while the project is still in the planning period.

On completion of CMA course you can expect a starting salary around 4-6 LPA. And it increases with the experience in the field.

For a detailed information about CMS you can visit the link given below,

https://www.careers360.com/careers/certified-management-accountant

Hope it helps you..

Best of luck..

Hey there

Mentioned below are the step by step procedure for applying for CMA course:

• Visit the official website of ICMAI
• now click on the admission option on the main window
• Now a new page will appear in front of you
• Now click on the course that you want to apply
• fill in the details including personal details, address and qualification information.
• Now pay the application fees for the course

For more details related to CMA course click on below link:

https://www.google.com/url?sa=t&source=web&rct=j&url=https://finance.careers360.com/articles/cma-foundation-admit-card/amp&ved=2ahUKEwjaudX2uszyAhVNxjgGHasFDLIQFnoECAQQAQ&usg=AOvVaw2RXZh1Sir1CMFfKoMYH5kD&ampcf=1