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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
135
Corporate accounting CMA inter-2
Accountancy
answered on 29-Sep-25 13:23
Can anyone please solve operating activities in this question im unable to get answer for operating activities
latest answer
1
JAI AKASH
CMA Inter
★ 0
5
192
Foundation semptem 2025 solution
Accountancy
answered on 26-Sep-25 06:37
Need accounting for foundation 2025 september solution
latest answer
Okay.
vishnu shukla
CA Foundation
★ 820
1
159
EPF or ESI
Accountancy
answered on 24-Sep-25 08:47
will it be considered as Liability Or Expenses for a Company(EPF both employer & Employee Contribution.
latest answer
Yes. If unpaid it will be shown as payable
Snehashis Mohanty
CA Inter
★ 35
4
107
Illustration 3
Accountancy
answered on 23-Sep-25 12:23
The profit and loss account balance in trial balance - what does it exactly mean sir? In previous illustrations we took it as opening balance , in this illustration you are saying it is the balance after all adjustments.. Since there is no P&L items given in question are we assuming it as the profit for the year? [Video Time Stamp: 01:24]
latest answer
Pls update your profile to CA Inter.
Ajay Kumar
CA Foundation
★ 1K+
4
141
Loans and advances
Accountancy
answered on 22-Sep-25 13:22
Can a company give another company loans and advances?
latest answer
Yes. Subject to provisions of companies Act.
Snehashis Mohanty
CA Inter
★ 35
1
129
Depritiation
Accountancy
answered on 24-Sep-25 09:37
If an asset A Value 100rs opening value at the beginning of the year Depritiation block: Opening:80 During the year: 30 Closing: 110 So after deducting the depreciation of closing at the end of year will we consider the closing value of asset -10
latest answer
For tax you cannot deduct 30 since it's based on WDV approach. FOr accounting max - 20
Snehashis Mohanty
CA Inter
★ 35
12
160
Defferd tax asset & liability
Accountancy
answered on 20-Sep-25 10:20
Please Can Anyone Explain to me if Dep Comp 10000 & Dep IT is 9000 it's defferd liability or not same thing if we reversed the amount what will be the case?
latest answer
Sir Thank You for the link I will see the video if I will get any doubt then I will ask
Snehashis Mohanty
CA Inter
★ 35
3
151
A bad debt of `1,560 had not been written off and provision for doubtful debts should have been maintained at 10% of Trade receivables which are shown in the trial balance at `23,390 with a credit provision for bad debts at `2,320
Accountancy
answered on 26-Sep-25 22:49
1. Here 1,560 had not been written off , thus we are writing it off crediting trade receivables a/c , which was not done earlier. 2.And provision for doubtful debts should have been maintained @ 10% of trail balance 23,390 , but not maintained instead credit provision for bad debts was maintained 2320. Here we are first ascertaining the right trail balance by subtracting 270 and 1560 we get 21560 . 10% of 21560 = 2156 which is the right provision for doubtful debts that is to be debited. Instead of debiting we have credited it with wrong account , Then why are we subtracting 1560 from the 2,320 provision for bad debts , and 720 from 2156 ? Even video couldn't help me completely , please try to make things clear, is this the right approach to think or am I missing on something so i should go reassure my basics ?
latest answer
https://youtu.be/Py6OhpDpR2g?t=4645 Pls have a look at short explanation which I have provided here. If you still have a doubt, pls let me know.
Pranav Anand
CA Inter
★ 0
1
229