Forums
Liquidation illustration
Accountancy
answered on 17-Apr-23 12:39
I don't understand the concept, Of treating the balance as overriding nd unsecured creditors. Can anyone please explain it clearly
latest answer
The secured portion is settled by using security. Balance becomes unsecured or overriding depending on the nature.
Aakash Raavi
CMA Inter
★ 320
1
380
as 19
Accountancy
answered on 17-Apr-23 13:33
how the pv of min lease payment is taken in this question?and why unguaranteed realisable value is taken for arriving at the conclusion whether it is fin lease or not? pls help....i am attaching the question
latest answer
Thank you sir
Bhavya Kumar
CA Final
★ 7K+
3
473
Conversion of capital assets into stock. In trade
Accountancy
answered on 17-Apr-23 12:39
If personal capital assets is converted into stock in trade at which cost it is recognised in books of firm fair market value or at the price at which it was purchase by the proprietor
latest answer
Yes.
Atharv Sankliya
CA Final
★ 3K+
4
417
Passing journal entries in particular order
Accountancy
answered on 14-Apr-23 17:18
While passing journal entries I'm making mistake that not passing in order. Is it necessary to pass in particular order?
latest answer
Thank you sir
Madhu Reddy
CA Inter
★ 4K+
2
541
Accounting standard AS22
Accountancy
answered on 14-Apr-23 13:15
Can any one explain in detail deffered tax arises due to timing difference is either deffered tax asset or deffered tax liability
latest answer
TQ sir
P.udaykumar Pasupulati
CA Final
★ 2K+
2
440
Internal Reconstruction
Accountancy
answered on 14-Apr-23 14:30
Should intangible assets be written off to capital reduction a/c when the question is silent about that? Pls clarify.
latest answer
Ok sir thank you!
Sibi Srinivasan
CA Final
★ 22K+
2
440
Ca inter practical subjects
Accountancy
answered on 14-Apr-23 12:19
Can I be able to pass in the practical papers if I have finished all the book illustration and book back questions and may 2023 RTP and may2023 MTP only?
latest answer
Yes, this is more than enough to pass.
I DON'T KNOW!!! !!
CA Inter
★ 1K+
3
473
Branch account
Accountancy
asked on 14-Apr-23 00:03
Point "e" ans is "no entry " plz explain how
latest answer
No answers yet!!
Rifhat Khan
CA Inter
★ 28K+
0
418
Investment Accounting
Accountancy
answered on 13-Apr-23 23:33
Should we always reduce dividend received from cost of purchase if the shares are purchased later and dividend is paid for earlier period? or should we reduce if and only mentioned in the question
latest answer
If pre acquisition div then it should be always reduced from cost of investment
Vijay adithya
CA Inter
★ 5K+
1
458
Investment Accounting
Accountancy
answered on 20-Apr-23 12:30
Ref: Illustration 6 of investment accounting sum is silent about whether rights issue is utilized. but material solution has take n as if rights issue are subscribed and no assumptions are mentioned. In exam is it fine that we solve in either way or is there any hint to be taken from the question?
latest answer
If nothing is mentioned, its assumed to have been subscribed.
Vijay adithya
CA Inter
★ 5K+
1
424