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Illustrations PDF
Accountancy
answered on 09-Oct-25 14:32
the questions in the textbook are different. is it possible to get a copy of these illustrations please [Video Time Stamp: 00:08]
latest answer
thank you
Ritu Kotian
CA Inter
★ 19K+
2
144
Getting wrong answer
Accountancy
answered on 08-Oct-25 16:54
12,70,000 - 72,000 - 6,05,000-30,000 =5,63,000 But in the books and video there is 5,75,000 Explain me [Video Time Stamp: 11:13]
latest answer
It is correct only. purchase returns should be reduced from the purchases. So the gross profit will be 6,23,000
Manikanta Abhiram
CA Foundation
★ 0
1
134
Amalgamation exps
Accountancy
answered on 09-Oct-25 10:02
Is it optional to journal entry amalgamation expenses or we can leave it and also illustration 5 of study material - interest is due ,we have to transfer interest to realisation account or entry for payment anything is not given in additional information
latest answer
If amalgamation expense details are given - you need to journal it. Interest payable - this might be taken over by the purchasing company. If it is paid by the selling company, you can transfer to realisation account and then pass the payment entry Realisation A/c Dr. To Bank A/c
Anushka Kumawat
CA Inter
★ 0
1
127
AS-12
Accountancy
answered on 06-Oct-25 14:15
Can I get the AS 12 explanation video
latest answer
Its included as a part of your course. Let me know which specific aspect you are looking at.
Snehashis Mohanty
CA Inter
★ 35
1
115
Illustration 8
Accountancy
answered on 07-Oct-25 13:57
In the trading p and l account in the books of branch, whether the stock should always be valued at cost price ? or invoice price ? [Video Time Stamp: 10:50]
latest answer
In trading P&L account method, we consider it at cost.
Ajay Kumar
CA Foundation
★ 1K+
1
118
AS 20 - Rights issue
Accountancy
answered on 07-Oct-25 13:58
Illustration 4 in study material. For EPS calculation of year 2, I didn’t understand the time weighting factor considered. Please clarify. Photos attached below
latest answer
For time weighting factor, We consider Right adjustment element till the date of rights issue - this is time weighted separately for number of months from beginning of month till date of right issue After shares are issued, we consider total shares for remaining months.
Ritu Kotian
CA Inter
★ 19K+
1
132
Borrowing Cost-AS 16
Accountancy
answered on 04-Oct-25 17:39
Calculate the interest to be capitalised?
latest answer
question no 11 page 62 https://icmai.in/upload/Students/Download_Archives/paper16.pdf
Ram Gopal
CA Inter
★ 250
1
122
Journal entry
Accountancy
answered on 07-Oct-25 13:56
When a company recieve gift then what will be the journal entry for company
latest answer
Yes. If its for a specific purpose, it would be part of specific fund. You need to check with your senior/ principal.
Snehashis Mohanty
CA Inter
★ 35
12
162
categorisation of non companies
Accountancy
answered on 09-Oct-25 14:33
where can i find the material for change in this categorisation? the study material still has 4 levels [Video Time Stamp: 00:43]
latest answer
thank you
Ritu Kotian
CA Inter
★ 19K+
6
136
About Account Formula
Accountancy
answered on 29-Sep-25 10:15
what is the formula for liability [Video Time Stamp: 00:00]
latest answer
Assets = Equity (capital) + liability Liability = Assets - Capital
Haneeksha SR
CA Foundation
★ 0
1
134