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Accountancy

answered on 02-May-23 10:37

In this question it is not specifically mentioned that sec. Premium can be used....but in answer it is used and general reserve is used as balancing figure...how

latest answer

Ohk sir

Rifhat Khan

Rifhat Khan

CA Inter

28K+

2

332

Redemption of debentures

Accountancy

answered on 02-May-23 10:04

Sir can’t we pass one single entry. Since both are redeemed on same day?

latest answer

different transactions and investments

Sugam SM

Sugam SM

CA Final

9K+

2

310

Hire prurchase

Accountancy

answered on 02-May-23 10:04

For such q, can we directly calculate without showing in table format?

latest answer

You will have to show the working note. Either in table or as. astatement. Any information not given in question, there should be a working.

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

3K+

2

294

Mark up account

Accountancy

answered on 02-May-23 10:04

There are different treatments of opening stock mark down in icai illustration and back side question which one should be followed ❓

latest answer

Both are fine.

Sachin Kaushik

Sachin Kaushik

CA Inter

7K+

1

281

Provision for tax

Accountancy

answered on 02-May-23 17:04

In cash flow ,in some cases it is added to net profit ,in some ,not added . Plss tell me wen to add and wen not to ?

latest answer

If you start at net profit after tax, then you add back

Reetikaa R

Reetikaa R

CA Final

7K+

8

331

As 9 (Revenue recognition)

Accountancy

answered on 02-May-23 12:28

Please elaborate subscription revenue recognition w.r.t goods....with an eg is appreciated

latest answer

👍

Bhavya Kumar

Bhavya Kumar

CA Final

7K+

2

351

Profit prior incorp

Accountancy

answered on 05-May-23 06:23

Provision for income tax should be allocated on what basis??

latest answer

Generally its on time basis

Prasanna Ram

Prasanna Ram

CA Inter

0

3

285

Fin statements

Accountancy

answered on 02-May-23 11:44

Share suspense account to be shown under current assets under other current assets???

latest answer

current

Reetikaa R

Reetikaa R

CA Final

7K+

2

285

MTP -2

Accountancy

answered on 01-May-23 20:53

How is 14033 interest is calculated? And why is it on debit side?

latest answer

This is Debenture interest closing balance transfer to P/L A/C...

Pooja .

Pooja .

CA Final

210

1

345

Scrap sale of spoiled direct material

Accountancy

answered on 01-May-23 19:03

Does scrap sale of spoiled/destroyed direct material reduces the cost of production means does it is credited to mfg a/c

latest answer

Either reduce from cost of production or consider as other misc. income.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

275