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answered on 10-Apr-23 08:42

Is this in portions ?

latest answer

Ok

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

3K+

4

425

AS 5

Accountancy

answered on 13-Apr-23 21:51

If the earthquake is an extraordinary item, why is the insurance claim not an extraordinary item?

latest answer

It may be classified as extra ordinary and depends on the judgement of management.

Angel Maria Varghese

Angel Maria Varghese

CA Final

9K+

1

372

Disclosure

Accountancy

answered on 07-Apr-23 16:50

LTB- repayment beyond 36M STB- within 12 months. What about those loans lying in b/w these timeline?

latest answer

Non current liability

Sugam SM

Sugam SM

CA Final

9K+

1

397

buy back of shares

Accountancy

answered on 07-Apr-23 15:35

while doing debt equity test , for the purpose of debt , should we consider only long term borrowings or should we consider current liabilities also?

latest answer

We should consider both long-term and short term debt

Snehaa Ilamaran

Snehaa Ilamaran

CA Inter

6K+

1

300

Accounting Standards

Accountancy

answered on 07-Apr-23 17:56

Unlike Law, I've studied AS in a logical and simple manner without mugging up anything but the suggested answers seem a bit tough... they've answered like law. So can I explain AS in simple words in the exam to score marks?

latest answer

Okay sir Thank you!

Abishek M

Abishek M

CA Final

11K+

7

461

Sale or return basis

Accountancy

answered on 07-Apr-23 05:50

How that second entry will come. Only when sales is reversed that entry will come. But that remaining 80 goods is shown under inventory acc then why that second entry. Please anyone explain

latest answer

Tq bro for your clear explanation

Lathika

Lathika

CA Inter

6K+

2

391

Preparing trading p and l account

Accountancy

answered on 06-Apr-23 11:58

In this q , if I do wrong in finding depreciation how many marks will I lose

latest answer

About 2-3 marks.

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

3K+

1

388

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

SUBODH M JAIN

CA Final

2K+

3

305

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

Punitha Krishnaraj

CA Final

5K+

2

363

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

SUBODH M JAIN

CA Final

2K+

2

412