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Ca foundatio
Accountancy
answered on 22-Dec-25 15:18
Answer can provide me answer sir
latest answer
What is your doubt? Full solutions can be provided only to paid students.
malli malli
CA Foundation
★ 0
1
173
Financial statement
Accountancy
answered on 22-Dec-25 15:21
Answer the below image. Please give the suggested answer and perfect answer for image
latest answer
You can refer to the attached quesiton and answer
Priyanka Chillal
CA Inter
★ 0
1
161
Confusion on why we didn't add closing stock to adjusted purchases
Accountancy
answered on 18-Dec-25 16:25
Sir why didn't we add closing stock to adjusted purchases and take gross purchases to P&L just like we did in illustration 1
latest answer
Acha okay sir tq
Vandana Haripriya doddi
CA Inter
★ 4K+
2
183
Consolidation
Accountancy
answered on 19-Dec-25 11:27
Sir, please explain why bonus shares considered for calculating cost of control, if it issued from post acquisition reserve doubt from illustration 9 in ICAI study material
latest answer
Thank you Sir
Bhuvaneswari Ravi
CA Inter
★ 4K+
2
168
Reconstruction
Accountancy
answered on 22-Dec-25 15:21
Hello Sir, How can we find the necessity to prepare SHARES SURRENDER A/C in the exams? [Video Time Stamp: 05:38]
latest answer
IF there is a share surrender given in adjustment. Else not needed
Mohamed Kaiz
CA Inter
★ 5K+
1
201
Consolidated Financial Statement
Accountancy
answered on 18-Dec-25 16:47
Suppose A Ltd holds 38% shares in B Ltd and B Ltd holds 25% shares in A Ltd . whole should prepare CFS ? A Ltd or Both
latest answer
Can you elaborate?
Rupa Prasad
CA Final
★ 0
4
259
Can you explain unamortized past service
Accountancy
answered on 22-Dec-25 15:23
Why is unamortized past service cost reduced by 10% and from overall benefit. Isn't it suppose to be a benefit and hence should be added. Thank you [Video Time Stamp: 05:40]
latest answer
Unamortised past service cost has a debit balance. Liability reduced by 600 - gain Unamortised past service cost balance to be reduced - basically expensed - 18 SO net gain ins 582
Tony Louis
CA Inter
★ 1K+
1
166
accrual concept doubt
Accountancy
answered on 09-Dec-25 15:02
When the income earned is Rs 50000 by selling goods, but cash received is only Rs 30000, so I will record that I have sold goods worth 50000, but at the end, how will I know that the person still should pay the remaining 20k
latest answer
Thank you sir
charan r
CA Foundation
★ 0
2
229
entity concept doubt
Accountancy
answered on 08-Dec-25 15:36
"Since the owner has provided risk capital to the business, he has a claim on the profit of the enterprise. A portion of profit which is appropriated to the owner and is immediately payable becomes current liability in the case of corporate entities." what does it mean , a business ownes money to owner ? [Video Time Stamp: 03:13]
latest answer
It means profit belongs to the owner, but it becomes a liability only when the business decides to pay it. Once profit is declared as payable (like a dividend), the business legally owes that amount to the owner. This happens in case of companies. In case of sole prop/partnership - there is no distinction between owners and business legally. However for accounting purpose we show accounting books as if its a separate entity. And the capital balance is what represents payable to owner.
charan r
CA Foundation
★ 0
1
188
Difference between option price and residual value
Accountancy
answered on 02-Dec-25 20:37
what is the Difference between option price and residual value [Video Time Stamp: 09:54]
latest answer
In case of option, lessee has option to buy and lessor has to honor. In case of GRV, lessee is just giving a guarantee that the lessee will fetch that amount for lessor. The lessor need not honor this and can sell the asset to another party.
Rithu V
CA Inter
★ 7K+
1
177