Forums

MCQ 7th Question

Accountancy

answered on 05-May-25 09:38

MCQ 2-7th Question- All the answers are not a change in Accounting policy, right? Please clarify

latest answer

Please send us the question

V V

V V

CA Inter

3K+

1

97

MCQ Test 1

Accountancy

answered on 14-May-25 12:38

There is a question on identifying the event. The question goes this way- In FY18 X Limited realized that it had incorrectly disclosed in its FY17 Balance Sheet, the loan balance of Rs 10 Lacs when it was Rs 11 Lacs. The difference of Rs 1 Lacs was wrongly classified as Sundry Creditors. How is the adjustment disclosed in FY18? The answer given- It is an ordinary item of exceptional nature. But isn't this a prior period item, since the error occurred in the preparation of Financial Statement, in the previous year?

latest answer

Thank you

V V

V V

CA Inter

3K+

2

104

CA inter exam doubt

Accountancy

answered on 30-Apr-25 18:42

For accountancy can we first attempt part 2 and then part. 1 or it is mandatory the otherwise.

latest answer

Any order is fine

Dova Shaji

Dova Shaji

CA Inter

520

1

128

Impairment of Assets

Accountancy

answered on 30-Apr-25 16:30

Can't understand this enhanced depreciation met, can anyone help me out with this? Illustration 3 of ICAI material

latest answer

That is periodic transfer from revaluation reserves as per AS-10

meghana karnakanti

meghana karnakanti

CA Inter

21K+

1

99

Joint venture

Accountancy

answered on 01-May-25 16:44

How to distinguish when it’s JCA and JCO ?

latest answer

refer to our notes

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

94

Amalgamation of companies

Accountancy

answered on 02-May-25 11:30

Rtp of may25 consists of a sum where the general reserve balance has been deducted and I have found no information related to such deduction in the question can someone help?

latest answer

Please look at the journal entries in which the assets, liabilities and reserves taken over under pooling of interest method

Silvers Rayleigh

Silvers Rayleigh

CA Inter

0

1

92

Amalgamation

Accountancy

asked on 29-Apr-25 16:53

Rtp of may25 amalgamation question,I'm unable to understand how the general reserve balance is 150

latest answer

No answers yet!!

Silvers Rayleigh

Silvers Rayleigh

CA Inter

0

0

129

doubt

Accountancy

answered on 14-May-25 12:16

what is meant by Interpretation. In simple terms

latest answer

to understand. interpretation of law - understanding the law

Manoj R

Manoj R

CA Foundation

3K+

1

116

Amalgamation

Accountancy

answered on 26-Apr-25 22:35

In certain sums Provision for doubtful debts is showing in balanced sheet under current liabilities head as short term provisions In some questions it is not considered as such, why?

latest answer

In final answer it should be shown as reduction from debtors

Shruthika Bala

Shruthika Bala

CA Inter

6K+

1

99

Partnership

Accountancy

answered on 26-Apr-25 20:33

Partnership not in ca inter ??

latest answer

No

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

140