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Expenses
Accountancy
answered on 20-Jan-23 10:32
What Are unamortised Expenses ? And Examples Of It ?
latest answer
Unamortised Expenses - Expenses incurred (whose benefit is beyond a single year) but the expenses is not yet charged to P&L
Shanmukh Vemuri
CMA Final
★ 5
2
444
ICAI Q2Chap admissio of partner in memorandum revaluation account first prepare memorandum account all all adjusted after balance in old psr it was come gain then be do apposited then new PSR COME 12 :8:5 LOSS 18700 12480 7800 IS IT COMPALSORY
Accountancy
answered on 25-Jan-23 09:23
To transfer loss in partner capital alc if nothing is mensation and Q silent so I transfer p/L or not
latest answer
Assume sacrifice ration is old psr.
R K
ACCA Skill
★ 9K+
2
296
Death of a partner
Accountancy
answered on 24-Jan-23 09:26
If in the question they had mentioned profit, goodwill, policy to be credited till the date of death that 30.9.2019, how would the working notes be different? Can you show it pls?
latest answer
You would have calculated profits proportionately till 30-Sep.
Vedant Vijay
CA Foundation
★ 1K+
3
407
Single entry
Accountancy
answered on 18-Jan-23 18:20
Why amount stolen in may 21 has been added
latest answer
It is stolen from his house...it might be cash drawings made for personal expenses and that cash has been stolen...i don't know correctly but i think it is treated as personal and is added to capital.
Aditya Shivam
CA Inter
★ 0
1
321
Advance accounts - ESOp
Accountancy
answered on 21-Jan-23 21:40
Check whether my answer is correct or incorrect? I attached the question and answer below Please reply
latest answer
On 30 June, you have to debit esop outstanding ac instead of emp cost.
Krishnan K
CA Inter
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5
312
Capital VS deferred revenue expenditure
Accountancy
answered on 20-Jan-23 22:38
The benefit of which expenditure is not exhausted within a year it is incurred and is extended to future years. State it.
latest answer
Deferred revenue expenditure
Dova Shaji
CA Inter
★ 520
5
718
Death of a partner
Accountancy
answered on 19-Jan-23 09:49
In the given question why is IOC not credited to other partners?
latest answer
IOC (interest on capital) is provided only deceased partner because it's prepared between accounting year not the end of accounting period
Vedant Vijay
CA Foundation
★ 1K+
6
384
AS 18
Accountancy
answered on 18-Jan-23 19:48
Whether transactions between the related parties during the period of relationship also to be disclosed in case of Significant influence relationship or only names and nature of relationship to be disclosed if there are transactions during the period of relationship?
latest answer
Thank you sir
Nivedha Balaji
CA Final
★ 9K+
4
354
AS 18
Accountancy
answered on 17-Jan-23 20:21
Whether co-venturer is a related party or not?
latest answer
if it is joint venture then it is related party
Nivedha Balaji
CA Final
★ 9K+
2
271
Closing value of investment - short term
Accountancy
answered on 18-Jan-23 10:40
A share of rs 1000 (cost) is valued at the end of FY2021 is 900 (market price) what will be the closing value at the end of fy22 if market price at the end of Fy22 is 950 ? Note : share is purchase during FY21 @1000rs
latest answer
950.
Atharv Sankliya
CA Final
★ 3K+
2
302