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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

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

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

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

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

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

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

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

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

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

Rithu V

CA Inter

7K+

1

177