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Doubt on insurance claims

Accountancy

answered on 19-Apr-23 22:14

How to treat the turnover marked in picture ?

latest answer

That's the interpretation of statement

sradha krishna sunil

sradha krishna sunil

CA Final

5K+

2

289

Doubt on insurance claims

Accountancy

answered on 20-Apr-23 00:32

What do we add the fire fighting expenses?

latest answer

Firefighting expenses in a way helps to reduce the loss by fire also in case whereby it's not incurred the insurance company may reject the policy as "not trying to minimise the loss" Hence the firefighting expense are to be added That is it can be recovered form the insurance company

sradha krishna sunil

sradha krishna sunil

CA Final

5K+

1

295

Debentures under dissolution

Accountancy

answered on 20-Apr-23 12:25

What should be the treatment of debentures under dissolution of partnership firm. It should treated as like any other liability and transfer to Realisation account.?

latest answer

You would not have debentures in a partnership firm as a liability

Saravana Perumal

Saravana Perumal

CA Final

3K+

1

279

Banking

Accountancy

answered on 19-Apr-23 13:24

CRR rate and SLR rate for may 23 exams?

latest answer

Thanks for the same sir

Dhivya Sriraman

Dhivya Sriraman

CA Inter

0

3

375

Fin stat

Accountancy

answered on 19-Apr-23 11:09

How come Uncalled liability on shares and other partly paid investments is a contingent liability

latest answer

Here the uncalled liability on shares is the un called capital on the investment made by us in another company so it will be considered as liability only the uncalled capital is called up so it's a contingent liabilitie

Reetikaa R

Reetikaa R

CA Final

7K+

1

304

Schedule 3

Accountancy

answered on 19-Apr-23 10:19

The inner items of a head should also be in order ?? For eg : under current assets , inventories ,then Dr's, ....

latest answer

Its okay if you miss

Reetikaa R

Reetikaa R

CA Final

7K+

1

278

Rectification of errors

Accountancy

answered on 19-Apr-23 13:26

Purchased goods from Ravi rs.15000 but entered into sales book Tell me the answer ?

latest answer

@vignesh have u understood the entry

Vignesh s

Vignesh s

CA Inter

3K+

4

424

Entry

Accountancy

answered on 19-Apr-23 03:15

Suppose I have a shop of electronics and i took a mobile from that will that be treated as DRAWINGS?? IF YES WHAT WILL BE THE ENTRY???

latest answer

Thanks dear

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

2

334

Is Freight charges a part of production cost

Accountancy

answered on 19-Apr-23 13:28

Does the carriage charges for transfer the raw materials from godown to factory is a part of production cost and recorded in manufacturing a/c?

latest answer

Fright charge will make a part of prime cost Hence it will be recorded in mfg account

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

281

AS 3

Accountancy

answered on 18-Apr-23 23:30

Will Short term deposit be treated as cash and cash equivalent or under investing activities ??

latest answer

Cash & cash equivalents

Reetikaa R

Reetikaa R

CA Final

7K+

1

266