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How to solve AS based question

Accountancy

answered on 03-Oct-23 09:12

How to solve AS based question ?should I learn it line to line?

latest answer

Thank you sir

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

4

296

How to solve AS based question

Accountancy

answered on 04-Oct-23 14:55

How to solve AS based question ?should I learn it line to line?

latest answer

Thankyou sir

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

233

Branch accounts (debtors method)

Accountancy

answered on 04-Oct-23 14:51

In branch account that head office (HO)creates, we show liabilities given to branches on CR.side. the ques is why does HO gives its liabilities to the branch? why would branch be interested in taking HO's liabilities, if they are taking HO's assets that makes sense that they need it to operate, but why would they take liabilities and pay them off on behalf of HO?

latest answer

branch may use cash generated to directly settle the liabilities.

Garima Bhargava

Garima Bhargava

CA Inter

185

1

234

AS 1

Accountancy

answered on 04-Oct-23 15:44

Can someone explain this in simpler terms?

latest answer

Okay Sir

Soon to be CA

Soon to be CA

CA Inter

4K+

3

290

Capital Maintenance

Accountancy

answered on 04-Oct-23 15:04

How is the value ₹14400 obtained?

latest answer

18000/2.5*2

Soon to be CA

Soon to be CA

CA Inter

4K+

1

272

May 2024

Accountancy

answered on 02-Oct-23 10:30

Is there any possibility of asking such theoretical questions in the exam? Which is provided in the study material?

latest answer

Yes

Soon to be CA

Soon to be CA

CA Inter

4K+

7

276

Investment acc

Accountancy

answered on 04-Oct-23 16:21

Current investment should be valued at lower of COST or fair value. Here cost means historical cost or carrying cost

latest answer

Thank you

Krishnan K

Krishnan K

CA Inter

5K+

6

250

Investment account

Accountancy

answered on 04-Oct-23 16:12

Investments are assets held by an enterprise for earning income by way of dividends, interest and rentals, for capital appreciation, or for other benefits to the investing enterprise What Does other benefits means, does it include non monetary/financial benefits

latest answer

Yes

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

23

345

Adv accounting adjustment doubt

Accountancy

answered on 01-Oct-23 14:59

In the adjustment e only 50% is reduced why 72000 is debited in journal entry.

latest answer

Dr. Payables - 72000 Cr. Share capital - 36000 Cr. Capital Reduction 36000

Revathy N

Revathy N

CA Final

9K+

5

296

Redemption of preference shares

Accountancy

answered on 30-Sep-23 12:37

In your YouTube video , redemption of pref share , we learnt that , we have to divide the preference share holder value by fv of equity to find no of equit shares to be issued, but in the (1hr 02 min) video. It’s adding the premium with fv as issue price and dividing . Pls explain

latest answer

Always Wlcm ✨✨✨😄

ponmani sabu

ponmani sabu

CA Inter

0

9

315