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Average due date
Accountancy
answered on 23-Jun-23 10:20
In illu 3 why shouldn't we take base date from due date -maturity date. Taking nov 13,2019 also correct or not
latest answer
Ok sir. Thank you
Lathika
CA Inter
★ 6K+
2
378
Preference dividend
Accountancy
answered on 23-Jun-23 15:04
Why arrears of preference dividend is not present in the balance sheet as a liability?
latest answer
ok bro
Sibi Srinivasan
CA Final
★ 22K+
4
306
Departmental
Accountancy
answered on 23-Jun-23 11:15
1. Here it is the margin is 100 then how can we say that the margin is 50 after goods transferred from one department to another(colour department onwards). 2. Another question is it possible to transfer goods to Another department by setting some margin if it is the case then the other departments got their profit before the sale of product then is it necessary to distribute the Profit among each department after selling the product?
latest answer
These are notional profit and aren’t real and 100 is cost and 50 is margin is just an example. This is done to evaluate the performance of each dept and whether to continue a dept or not. These profits i.e., interdepartmental profits are eliminated while arriving the overall performance of entity.
Snehashis Mohanty
CA Inter
★ 35
1
293
Writing off of inventory at nrv
Accountancy
answered on 23-Jun-23 09:40
Does we have to pass a journal entry to written off/down the inventory to nrv or just recording closing stock at nrv price is required?
latest answer
Closing stock valuation is enough.
Atharv Sankliya
CA Final
★ 3K+
1
343
Buyback
Accountancy
answered on 23-Jun-23 16:55
I can pass this entry right. In narration I have specified CRR is especially created out of reserves and premium is written off using SPR. I have merged these entries, there isn’t any problem sir?
latest answer
Yes
Sugam SM
CA Final
★ 9K+
5
535
A contingent liabilities no provision had been made was settled at 8500 what is the journal entry 8500
Accountancy
answered on 23-Jun-23 09:45
any idea
latest answer
Capital Reduction Dr. To Bank 8500
R K
ACCA Skill
★ 9K+
3
378
Chapter internal reconstruction
Accountancy
answered on 22-Jun-23 21:03
What is the journal entry for and amt for 2nd adjustment sir any idea
latest answer
Thanks very much
R K
ACCA Skill
★ 9K+
2
343
Chapter internal reconstruction
Accountancy
answered on 28-Jun-23 19:23
What is the journal entry for and amt for 2nd adjustment sir any idea
latest answer
Dr. Capital Reduction (dividend amount) Cr. ESC
R K
ACCA Skill
★ 9K+
1
322
Date of the Question/Answer paper
Accountancy
answered on 22-Jun-23 13:41
This question/answer paper belongs to which year?
latest answer
Tq sister,Also i thought it may be in 2021.. because that question paper's one of the question contains balance sheet as on March 2021 !😊
Sr the Unique
CA Inter
★ 10
3
353
Consignment
Accountancy
answered on 26-Jun-23 19:58
Ans of no2
latest answer
2500
Vivek Kumar Gupta
CMA Inter
★ 5
3
389