Forums

Purchases

Accountancy

answered on 20-Mar-23 09:54

If the question asked to fimd out credit purchase then, I've to calculate on total purchase including purchase returns or not?

latest answer

Gross purchases is without giving impact of purchase returns.

Kamal Kumar

Kamal Kumar

CA Inter

7K+

5

318

amalgamation

Accountancy

answered on 20-Mar-23 10:55

is goodwill taken by transferee co. in case of merger

latest answer

Ok tq sir.

Bhuvana reddy Pulusu

Bhuvana reddy Pulusu

CA Final

20

2

261

Contingent Liability

Accountancy

answered on 17-Mar-23 17:13

Can anyone please explain in simple terms, what is meant by CONTINGENT LIABILITIES ?

latest answer

Contingent liability is a liability which may or may not arise in future. Its occurrence is dependent on the happening or not happening of a future event.

Karthick A

Karthick A

CA Inter

1K+

2

399

Bonus issue

Accountancy

answered on 16-Mar-23 18:53

In this question (i), it s like bonus shares are issued to convert partly paid up into fully paid up ? Am I ryt ?

latest answer

Any reserve which can be used to distribute dividends is called a free reserve.

Reetikaa R

Reetikaa R

CA Final

7K+

4

356

Financial statements of companies

Accountancy

answered on 16-Mar-23 18:58

What is deferred tax liability???

latest answer

https://youtu.be/WMJWDyKp3X0 You can watch this video to understand.

pullagorla sivaram

pullagorla sivaram

CA Inter

5

2

335

Disclosure -AS-13

Accountancy

answered on 16-Mar-23 10:12

Does company also required to disclose that which kind/form(like shares debt securities) are considered as investment as per AS-13

latest answer

Yea

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

267

Sequence

Accountancy

answered on 16-Mar-23 19:21

Sir, I am student of CA Inter G1. In Which Sequence I should learn Accounts?

latest answer

You can use our scheduler and follow it.

Hirenkumar Ajudiya

Hirenkumar Ajudiya

CA Inter

0

2

352

Classes

Accountancy

answered on 19-Mar-23 18:19

This time individual chapters are available sir, It will be more helpful

latest answer

Thank you sir sure

Mohanraj S

Mohanraj S

CA Inter

3K+

3

390

Investment acc

Accountancy

answered on 17-Mar-23 10:25

Why there is no brokerage considered on sale?

latest answer

Oh okay sir

Sugam SM

Sugam SM

CA Final

9K+

5

368

Accounting for branches

Accountancy

answered on 16-Mar-23 19:24

Why goods lost by fire is recorded in outlet stock account and again in outlet p&L account?

latest answer

Adjusted form outlet stock account since its abnormal. Abnormal loss is shown in P&L separately. Similar to treatment you would have given in consignment.

Pooja .

Pooja .

CA Final

210

2

440