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BANKING COMPANIES

Accountancy

answered on 12-Aug-23 07:56

In the question interest and discounts acc has a credit balance but while making the ledger we've not carried down the balance of current year instead we transferred it to P&L .... Shdnt we carry it down to next year over here ???? Reference: Illustration 7, Page 8.82 of Module 3 of adv acs

latest answer

Interest and discount a/c. Will be tr to P&L acc

Neha Baliga

Neha Baliga

CA Inter

16K+

2

266

Thanks u sir

Accountancy

answered on 10-Aug-23 14:34

Today received book

latest answer

You are welcome

R G

R G

CA Inter

9K+

1

293

CA Foundation Preparation

Accountancy

answered on 11-Aug-23 13:50

Suppose some who buy CA Foundation classes now What should be the strategy of preparation

latest answer

Then for the remaining 20% syllabus if you want can go for classes and revise 80% on a regular basis

Ab Devliear

Ab Devliear

CA Foundation

3K+

9

371

How to handle b.cpm 3rd years plus ca inter

Accountancy

answered on 10-Aug-23 20:54

Morning daily 7:15 to 12:45 daily collage Nagindas khandelwal college compassory 75 percentage attendance

latest answer

You can ask for permission from your college. Focus on CA inter as the portion of B.Com is comparatively easier than CA and also some concepts are also same in both. So, it would help you in your exams. Generally, it is better to do B.Com either online or through correspondence as it saves you a lot of time.

R G

R G

CA Inter

9K+

2

347

Accounting for Liquidation of companies

Accountancy

answered on 08-Aug-23 20:52

Q.no.6 (preference dividend of 6000 was not addressed).

latest answer

In this question We should ignore the preference dividend We will take Arrears of preference dividend only it is given in question (i.e) in adjustments I hope this is clear to you

Jayanth

Jayanth

CA Final

6K+

7

286

Adv accs

Accountancy

answered on 12-Aug-23 07:51

In the image below, if it is Exactly 500 Crores Whether it is Systematic Nbfc Or Nin systematic NBFC.???❓ Pls clarify to me anyone

latest answer

Ok

Balachandar S

Balachandar S

CA Inter

59K+

3

300

Partnership

Accountancy

answered on 14-Aug-23 08:43

Here there is no information about solvency or insolvency of partners. We need to consider both partners are solvent then why debit balance of tanish capital a/c is adjusted with yash capital a/c(highlighted). Can i write bank a/c here instead of both capital a/cs

latest answer

Yes.

lohith perumalla

lohith perumalla

CA Inter

8K+

1

288

CA INTERMEDIATE

Accountancy

answered on 08-Aug-23 17:57

Provision details

latest answer

Pls be clear with yr query

BALA

BALA

CA Inter

570

4

349

Sir one doubt sir in alc cash flow chapter

Accountancy

answered on 07-Aug-23 08:34

S

latest answer

What is the doubt?

R G

R G

CA Inter

9K+

1

327

Adv accs

Accountancy

answered on 08-Aug-23 17:55

In the image below while calculating revaluation Reserve why are we discounting 55%.... Remove Why can't we take any other % like 40% or 50%.... Is there is any specific reason to take 55% if yes... Explain with logic....

latest answer

Ok sir

Balachandar S

Balachandar S

CA Inter

59K+

4

352