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Ca foundation
Accountancy
answered on 17-Jul-23 08:00
Ca foundation ke liye timing slot kaya hoona chaiye
latest answer
Its more appropriate to read difficult subject at morning Timings slot depends upon you as per your convenience It may be happens that you have a late night person So you can create your study schedule accordingly
Keshav Maheshwari
CA Foundation
★ 1K+
4
443
Amalgamation in the nature of merger
Accountancy
answered on 17-Jul-23 15:41
Can you explain why General Reserves are considered for incorporation of assets in Amalgamation in the Nature of Merger and not in the Nature of Purchase??
latest answer
In the case of amalgamation in nature of merger, since the ownership remains substantially impact, reserves are incorporated.
Hisham Kizer
CA Inter
★ 0
1
461
Branch accounts
Accountancy
answered on 14-Jul-23 10:31
Is this dependent branch or independent branch At what point you identified it as dependent or independent ?
latest answer
Invoice price is the price at which goods are sent to branch by Head office which is % plus the cost to the head office Wholesale price is generally the price for which wholesale dealers are sold goods i.e. bulk orders
Nainika Tummala
CA Inter
★ 20
6
490
Garner vs murray
Accountancy
answered on 13-Jul-23 10:12
Here solvent partners to bring cash equivalent to losses, will apply right? I got realisation loss and even one partner is insolvent
latest answer
Yes one partner is insolvent garner vs murray rule will apply
Sugam SM
CA Final
★ 9K+
1
618
Study Approach
Accountancy
answered on 15-Jul-23 06:53
CA foundation ke liye study Approach kya hona chahiye
latest answer
Thanks 😊
Ab Devliear
CA Foundation
★ 3K+
5
387
Branch accounts
Accountancy
answered on 14-Jul-23 10:56
Is there any difference between Head office sent goods to branch at invoice price and Goods at wholesale price If yes pls explain what is it ?
latest answer
Invoice price is the value at which head office sends to branch The price at which the branch sells can be higher i.e. the selling price
Nainika Tummala
CA Inter
★ 20
3
545
Consolidation of financial statements
Accountancy
answered on 17-Jul-23 16:02
In the 19th video of the 19th chapter of adv. accounts "H co. acquired S on 30|09|18... an abnormal loss was ok date 1/07/18...it is a pre acquisitions adjustment but sir did it as a post acquisitions adjustment. What is correct ?
latest answer
The abnormal loss or gain are removed from the final post acquisition period to find out the normal profits.
Gourav Maniyar
CA Final
★ 200
1
360
Capital maintenance
Accountancy
answered on 12-Jul-23 12:57
How is Rs.14400 computed? I have attached the SS of Qus
latest answer
Here current purchasing power is to be taken ie, Rs 3. So opening value 12000 is indexed at 125 with a unit price of rs2.we need to convert to the actuals of current year. =12000/125*100 gives the actual spent @rs 2. We nned to value it at rs3 because it is what we actually spent =9600/2*3=14400 will be the openning.
CYNOPHILE S
CA Inter
★ 925
2
474
General doubt
Accountancy
answered on 12-Jul-23 22:56
Kya module ko read karna bhi jaruri hai ya illustrations and practical questions Enough hai
latest answer
No worries ❤️
Ab Devliear
CA Foundation
★ 3K+
5
556
About Exemption
Accountancy
answered on 17-Jul-23 15:44
Haii...if I got exemption in Group 1 Accounting ( Nov 2023 ) old syllabus, will it carry forward to May 2024 attempt...
latest answer
ICAI is considering this in the next council meeting.
Saranya Arasumani
CA Inter
★ 0
4
412