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Inventories chapter
Accountancy
answered on 13-May-23 07:44
In inventories chapter, one of the problems you have calculated opening stock Rs 1643312 , while explaining this work you said to subtract 65750 - 16438 - 81000 we get1643312 as opening stock. But we don't get sir that much value. I have attached screenshot of that work . Please make it clear.
latest answer
Opening stock to be bal fig, you should do: closing stock+sales- grossprofit- purchases 1675000+65750-16438-81000=1643312
Anil Raj
CA Foundation
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5
332
Liquidation
Accountancy
answered on 12-May-23 11:33
In question 4.8 how are unsecured creditors calculated ,pls help with its calculation?
latest answer
My bad,didn't see the creditors
pradyumna hariramani
CA Inter
★ 290
2
328
Liquidation
Accountancy
answered on 12-May-23 12:10
In question 4.2 ,the surplus available is 8,05,150.In the calculation of surplus available(after the question ends)they have reduced from 8,07,000.Why have they added back 1,850?
latest answer
805150 is after deducting the collection charges
pradyumna hariramani
CA Inter
★ 290
4
298
Liquidation
Accountancy
answered on 12-May-23 17:59
In question 4.1 why are we adding amount payable to Equity holders to balance after payments made?Loss to equity share holders = Paid up share capital - balance available after making all payments.
latest answer
Because 20300 is a negative figure
pradyumna hariramani
CA Inter
★ 290
2
286
AS 4
Accountancy
answered on 12-May-23 10:16
During the year means which year ?
latest answer
in 21-22
Nainika Tummala
CA Inter
★ 20
1
304
Liquidation
Accountancy
answered on 12-May-23 09:37
Preliminary expenses should be ingnored in liquidation of statement why?
latest answer
Okie sir
Ganesh U
CA Final
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2
259
Amalgamation
Accountancy
answered on 17-May-23 12:25
Why propose dividend is not transferred to realisation a/c but coming bs of Absorbed comp?
latest answer
The dividend should be paid by the selling company ideally.
Ganesh U
CA Final
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4
325
Liquidation
Accountancy
answered on 12-May-23 11:28
What is the treatment of 'P&L Debit balance' in Liquidator's statement of accounts?
latest answer
Thanks sir
James Js
CA Inter
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2
271
Buy Back
Accountancy
answered on 12-May-23 10:57
In Question 1.2 the premium of buy back is not written off,but CRR is created and in question 1.4,neither the premium on buy back done is written off nor Caoital Redemption account = to the Nominal value of shares is created .Why?
latest answer
Yup
pradyumna hariramani
CA Inter
★ 290
5
328
Banking Rates
Accountancy
answered on 12-May-23 06:34
Can anyone please say rates of: CRR, SLR and PERCENTAGE of transfer to Statutory Reserve?
latest answer
Ok thanks
James Js
CA Inter
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2
272