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Dec mtp

Accountancy

answered on 09-Dec-23 08:26

In this question how they calculated purchase

latest answer

3,20,000-5,150-7,000-1,650=3,06,200

Devi sri K

Devi sri K

CA Foundation

7K+

1

445

Capital and Revenue Expenditure

Accountancy

answered on 11-Dec-23 15:34

1.Inauguration expenses incurred on opening a new business for the first time is Capital expenditure? 2.Inauguration expenditure incurred on opening a new unit of an existing business is revenue expenditure?

latest answer

👍

Nidhi S

Nidhi S

CA Inter

4K+

9

660

BRS

Accountancy

answered on 08-Dec-23 08:10

70 question Option wrong correct answer? 82300/85300

latest answer

Yes your ans is correct, ignore previous replay

Sai G

Sai G

CA Inter

6K+

5

469

BRS

Accountancy

answered on 08-Dec-23 08:49

Can we write cashbook for short as C.B as well as P.B

latest answer

Thanks 🤍

Rjrnrhrhr Ndhdhdb

Rjrnrhrhr Ndhdhdb

CA Foundation

2K+

3

401

Accounting Policy and Principles

Accountancy

answered on 05-Dec-23 19:20

What do you mean by Accounting Policy and Principles? Also provide me some examples for better understanding.

latest answer

Accounting policies refers to specific accounting principles and methods of applying those in the preparation of F.S In this way accounting principles are sub set of accounting policies Eg: of accounting policies using fifo or weighted average for inventory valuation Using different depreciation methods on PPEs

Harish Chandar T

Harish Chandar T

CA Inter

5

2

439

Partnership

Accountancy

answered on 06-Dec-23 01:43

What will be Accounting treatment for retirement or death of partner when the partner says amount payable to him should be paid in equal installments just like pension every month??? And is it allowed as per law??

latest answer

Will be treated as loan to the Firm ( will be paid every month or as instructed)

Prathmesh Kharul

Prathmesh Kharul

US CMA All

6K+

2

423

Company accounts

Accountancy

answered on 05-Dec-23 04:33

In this sum In the interest calculation how they calculate months Please tell me

latest answer

Understood tq bro

Devi sri K

Devi sri K

CA Foundation

7K+

4

479

Dec mtp

Accountancy

answered on 04-Dec-23 16:55

Employees had taken stock worth ` 20,000 (Cost price ` 15,000) on the eve of Deepawali and the same was deducted from their salaries in the subsequent month. Journal entry

latest answer

Yes

Devi sri K

Devi sri K

CA Foundation

7K+

17

585

Account current

Accountancy

answered on 03-Dec-23 09:05

Balance in Cooper’s Account (Credit) It is debit balance or credit balance

latest answer

Ok sister 👍 thnks

Devi sri K

Devi sri K

CA Foundation

7K+

5

407

Dec 2023 RTP

Accountancy

answered on 04-Dec-23 16:00

Q.4 B (4).....' Bad Debts aggregating 45,000 were written off during the year in the Sales Ledger but were not adjusted in the General Ledger' What does 'written off during the year in the Sales Ledger' mean? Answer to the question was: Bad Debts dr. to Suspense Ac (written off but not adjusted in general ledger)---> narration

latest answer

Ok sir, thank you!

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

600