AS 20 MCQ

answered 22 mins ago

What is the solution of MCQ 1?

latest answer

Option c 116667/- For first six months 1lakh*6/12=50k For next 2 months 1.5lakh*2/12=25k For next 4 months 1.25 lakh*4/12=41667

Sagar Kathuria

CA Inter

★ 2K+

1

16

BRS

answered 16 hrs ago

Can we do rectification of errors in BRS

latest answer

It totally depends on the question whether rectification is required or not 👎🏻

Ornitha Shree U

CBSE XI

★ 0

2

25

BRS

answered 19 hrs ago

Why do everybody, even those who don't have a business get pass book? If bank is giving pass book to us why can't they make it look as per our books of accounts(debit for receipt and credit for payments)? Is there any legal use for BRS?

latest answer

when you withdraw money from bank For you its receipt, for bank its payment. Bank is giving statement/passbook as it appears in their book

Ornitha Shree U

CBSE XI

★ 0

1

17

amalgamation

answered 19 hrs ago

in the example given in the video the agreed upon value of the selling company is different from agreed value of buying company?Can it be like that ?And if yes why?

latest answer

It is possible. Ultimately its agreed between two parties.

Niveta Rajkumar

CA Inter

★ 1K+

1

32

AS 10

answered 2 days ago

If an asset is purchased by a company and the vendor only paid 80% value of the asset and vendor also certified that no any dues from such company. In this case how should a company recognise that 20% value in the books of the company and up to what extent the company has to capitalise such assets?

latest answer

Both Accounting standards prescribe this.

Gopichand Annamadasu

CA Inter

★ 130

3

40

Accounting for branches

asked on 23-Jul-24 19:18

what exactly means branch current account in this question?

latest answer

No answers yet!!

Niveta Rajkumar

CA Inter

★ 1K+

0

37

Accounting for branches

answered on 24-Jul-24 05:02

In this question why aren't we crediting receipts from sundry debtors to branch p and l account.

latest answer

Because it forms part of branch stock account which is credited to the branch profit and loss account

Niveta Rajkumar

CA Inter

★ 1K+

1

38

AS 28

answered on 24-Jul-24 09:10

Whatt did we do after the calculation of impairment loss?

latest answer

Got it... Can u also explain the calculation of enhanced depreciation?

Sagar Kathuria

CA Inter

★ 2K+

2

44

AS 13 Accounting for investment

answered on 23-Jul-24 11:20

What does the 3400 in the credit side indicate?

latest answer

Thank you very much

Sujitha M

CA Inter

★ 465

2

47

As 13 accounting for investment

answered on 22-Jul-24 12:45

Why is the sale of right issue not subscribed deducted from the cost of investment. Shouldn't it be charged to the profit and loss account as an income?

latest answer

Ok sir thank you very much

Sujitha M

CA Inter

★ 465

2

37