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Dissolution
Accountancy
answered on 30-Apr-23 16:14
In the question we transfer the realisation loss directly to the partners capital account will it still be correct or should we do it in the study material way where that have take it to the partners current accounts
latest answer
Either way can be done.
sradha krishna sunil
CA Final
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AS 10
Accountancy
answered on 29-Apr-23 12:31
Sir plz explain this ques
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Incurring cost to build access road. But road is not in control of the entity. So road cannot be an asset. However the cost can be added to plant cost.
Sugam SM
CA Final
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AS 10
Accountancy
answered on 29-Apr-23 12:37
Plz explain this ques9
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I don't know what confused u here.... Here they have given the sale value after 25 years .... Sale value after a period of use of asset is more or less similar to scrap value (so far in this case) In first case the sale value of asset is expected to be the same 10L after 25 years .... So since the time is given ... We calculate the depreciation based on SLM basis.... So since both cost and scrap are same no depreciation... In other case ... Sale value is 9L .... So considering it as a scrap after 25yrs.... 10-9 = 1L ..... is Depreciation for the whole 25 years .... Then for 1 year it is 1L / 25 = 4000 .... HOPE U GOT IT
Sugam SM
CA Final
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Inventory AS 2
Accountancy
answered on 29-Apr-23 12:14
If the finished goods into which the raw materials are incorporated in sold at price lower than cost , then it states that we may need to write down inventory at replacement cost . Supposed cost of inventory is 300 rs per unit whereas replacement cost is 320 rs per unit .. will we take 300 or 320 rs for valuation of raw materials ?
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Cost of raw material is only taken. Applying prudence.
SANSKRITI BADRI 2111339
CA Final
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362
Amalgamation
Accountancy
answered on 29-Apr-23 14:29
If purchasing company issues Debentures at premium to Debenture holders of selling company Ley say 100 Rs Debentures Given For 105 Rs. In Books of purchasing Company what is the entry sir Assets A/c. Dr To business purchase A/c To Debentures A/c To Security Premium A/c. Do we need to recognise security premium separately ?
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Thank you
M Naresh
CA Final
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Final accounts
Accountancy
answered on 01-May-23 04:58
Will dividend ( under adjustment ten ) be excluded since it says bod declared but shareholders have not APPRoved it ?
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Thank you Sir
SANSKRITI BADRI 2111339
CA Final
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359
AS 10
Accountancy
answered on 29-Apr-23 10:26
Sir here FV of asset given up is known although it lacks commercial substance. Then why we are measuring at book value
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Substance doesn’t change
Sugam SM
CA Final
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Bonus issue of shares
Accountancy
answered on 29-Apr-23 16:35
What does commencement of trading mean here, in issue of bonus shares?
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Okay sir
Garima Bhargava
CA Inter
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314
Mtp
Accountancy
answered on 29-Apr-23 15:41
In this question TR are given before deducting BD ...and BD is 2% of closing amt... Thus the value or BD will be 225,000÷98×2 right
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Ohk
Rifhat Khan
CA Inter
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354
Packaging materials
Accountancy
answered on 29-Apr-23 22:24
Is packaging materials (boxes, bags) considered as inventory ??
latest answer
Ok thanks
Atharv Sankliya
CA Final
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