Forums
Dissolution - Partnership
Accountancy
answered on 11-May-23 14:30
Only if mentioned in the question to follow Garner vs Murray rule, should we take the capital ratio after adjusting reserves ? In this question haven't mentioned as Garner vs Murray and for capital ratio they have taken without considering reserves.
latest answer
Thank you so much Sir.
Dhivyaa Latha
CA Inter
★ 4K+
4
591
AS 9 REVENUE RECOGNITION- Interim dividend
Accountancy
answered on 11-May-23 11:35
Final dividend is recognised when dividend declared in AGM When is interim dividend recognised? When it is declared by BOD (OR) when it is received.
latest answer
bod
Angel Maria Varghese
CA Final
★ 9K+
1
478
Adv A/C Rebate on bills
Accountancy
answered on 11-May-23 14:47
When to take 3 days grace?
latest answer
thanks
Ganesh U
CA Final
★ 6K+
4
431
Banking Companies
Accountancy
answered on 11-May-23 08:18
SLR rate applicable for May 23?
latest answer
18
R M
ACCA Professional
★ 4K+
1
353
INTERNAL RECONSTRUCTION
Accountancy
answered on 11-May-23 22:02
Is the treatment for adjustment no. viii regarding continent liability is correct?? Is there any such account as continent liability?
latest answer
Ok sir thanks
James Js
CA Inter
★ 1K+
6
469
Amalgamation
Accountancy
answered on 11-May-23 14:32
At one point it is given debit all asset acquired except goodwill but in Q8 why they have considered goodwill for net asset
latest answer
goodwill is existing in the balance sheet.
Gauri Shete
CA Final
★ 5K+
1
451
Amalgamation
Accountancy
answered on 11-May-23 14:33
What is meaning of ponint 3 any example
latest answer
That is for inter company holdings. Not relevant at inter.
Gauri Shete
CA Final
★ 5K+
1
365
RECTIFICATION OF ERRORS
Accountancy
answered on 11-May-23 14:34
Sir why is SALES A/C.......DR instead of cash A/C??? Because selling furniture we will get cash and cash a/c should be debited right???
latest answer
Correct entry Cash A/c Dr. To Furniture A/c Wrong entry passed Cash A/c Dr. To Sales So reverse the impact of sales, we debit sales. SInce cash account is already debited, there is no need to debit it again
Prathmesh kharul
CA Foundation
★ 3K+
1
373
Accounting concepts
Accountancy
answered on 14-May-23 04:36
The concepts of conservatism, when applied to the Balance Sheet results in understatement of assets?
latest answer
Yes it will apply on b/s assets Suresh Did u understood ❓ the concept of conversation Or do you want to explain❓
Nidhi S
CA Inter
★ 4K+
2
452
Liquidation illu 9
Accountancy
answered on 10-May-23 22:23
Tax for 2-3 taken as preferential creditor is okay...but how yr 1-2 tax raised qithin 12 months
latest answer
Assesment concluded in July 20x3 .. year changed
Gauri Shete
CA Final
★ 5K+
1
410