Forums
Sale on approval or return basis
Accountancy
answered on 07-Apr-23 16:55
Can both formats be used to prepare sale or return day book. Are both same?
latest answer
In real life there is no standard format. Each entity will devise format which suits them.
SUBODH M JAIN
CA Final
★ 2K+
3
295
Redemption of debentures
Accountancy
answered on 05-Apr-23 10:06
Why are we crediting underwriters account in both the journals?
latest answer
Thank you
Punitha Krishnaraj
CA Inter
★ 5K+
2
350
Approval of goods on sale or return basis
Accountancy
answered on 04-Apr-23 18:18
If the goods are rejected before year ending must we pass journal entry for inventory or only rejection entry
latest answer
Rejection entry
SUBODH M JAIN
CA Final
★ 2K+
2
390
Npo
Accountancy
answered on 04-Apr-23 13:07
What is the treatment of enterance fee amortized
latest answer
The capitalized part of entrance fee should be entered in the balance sheet.
Bhuvan Bhaskar
CMA Inter
★ 2K+
1
329
NBFC
Accountancy
answered on 07-Apr-23 08:28
Can anyone explain me how the 14 lacs( Sub standard asset) was calculated?
latest answer
Thanks 😊
Ps v
CA Final
★ 16K+
3
325
Inventories
Accountancy
answered on 03-Apr-23 13:50
Can anyone please explain why the bit of sales is reduced by 10000 though there is no mention of the 10000 amount at all
latest answer
Sorry guys my bad I did not considered the sales return aspect
Angry Toshniwal
CA Final
★ 505
1
355
AS 18
Accountancy
answered on 03-Apr-23 12:44
In may 19 Ques 1 d ii It is given that B Ltd is subsidiary of A Ltd. Can we make assumption in that way also.. But sir told A Ltd doesn't have control over B Ltd. ????
latest answer
Thank you
kowselyaa G
CA Inter
★ 2K+
2
293
Recognition criteria - AS-10
Accountancy
answered on 03-Apr-23 09:29
What is future economic benefits in AS-10? Does realising the value of an assets is also future economic benefits?
latest answer
Yes it's considered as future economic benefit ,(sale proceeds)
Atharv Sankliya
CA Final
★ 3K+
10
332
AS 5
Accountancy
answered on 03-Apr-23 13:32
What is the meaning for this extraordinary item: Attachment of property of the enterprise
latest answer
Ok sir. Thank you sir
Umayal Lakshmanan
CA Final
★ 6K+
2
299
Revision
Accountancy
answered on 02-Apr-23 16:23
How Should I revise my entire account paper 1 in one day and from which chapter should I start first help me
latest answer
No
Aman Shukla
CA Inter
★ 8K+
3
345