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Accountancy
answered on 04-Mar-23 08:42
Answer for this
latest answer
Tq sir
Prasanna Ram
CA Inter
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5
357
Accounts of pronouncements
Accountancy
answered on 01-Mar-23 15:22
Accounts of pronouncements
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Can you please elaborate your question?
bhuvaneshwaran jayaraman
CA Inter
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2
258
Investment Accounts
Accountancy
answered on 28-Feb-23 16:04
If there is nothing mentioned in the question, Dividend on RIGHTS AND BONUS ISSUED SHARES must not be considered for calculation of dividend.
latest answer
It must be considered. Dividends, bonus abd rights are declared on shares on a particular date.
THARAKESH M
CA Inter
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2
367
Cash flow statement
Accountancy
answered on 04-Mar-23 04:54
Can anyone explain me this problem to me ? I want to know that what is the meaning of additional information of rs 10000 and what will be the journal entry for it can anyone explain me
latest answer
Written off means, transferred from discount account to Profit & Loss. Refer to the ledger that I have prepared.
Snehashis Mohanty
CA Inter
★ 35
10
350
Branch accounts and department accounts
Accountancy
answered on 04-Mar-23 04:52
Why I should transfer to my branch at a profit? Same for department sales?
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Its more to evaluate performance of branches. Say A and B are two branches. A purchases the goods at its location at 100 and generally sells to outsiders at 110. B has to pay 110 in its location to purchase the goods from outsiders and sells it at 120. Now if A transfers the goods at 100 then B would show a profit of 20. And A will not have any profit to show.
Kamal Kumar
CA Inter
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3
317
Liquidation
Accountancy
answered on 27-Feb-23 21:44
What is the treatment of p/l (DR) balance in statement of affairs?
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Pls check the classes under free courses. All illustrations available there
Vasu Naidu
CA Inter
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1
343
Partnership
Accountancy
answered on 27-Feb-23 14:04
Could anyone explain realisation account of problem 3 in Partnership accounts in Advanced Accounting subject? The similar problem is also in illustration 7.
latest answer
Check free classes under free courses
Farhana Shaik
CA Inter
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1
354
Nominal value vs book value
Accountancy
answered on 27-Feb-23 17:23
In this November 2022 question on investment account, there is nominal value and book value. Can someone tell the difference between the two and what should we use for the calculation of the cost of investment.
latest answer
Book value is Net Assets / No of shares. However here the question uses the term book value as value recorded in the books.
Prasad Ramasamy
CA Final
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3
865
Ledger
Accountancy
answered on 27-Feb-23 06:24
I am getting difference of 7000 when I tried trial balance. Is this because of given credit and debit balance which have 7000 or any error in solving.
latest answer
Ya it is beacause the opening balances they gave only are only few account balances hence they didn't tally and have difference of 7000 The requirement was also only prepare ledger accounts so trial balance not relevant
SUBODH M JAIN
CA Final
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1
328
Abnormal gain
Accountancy
answered on 27-Feb-23 17:25
Does abnormal gain decrease the cost of product ??
latest answer
for accounting / costing purpose - no but if you look at economics or from the point of view of pure gain - yes.
Atharv Sankliya
CA Final
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14
372