Cap or rev.... Exp

answered on 30-Nov-22 20:36

Insurance claim received on the account of inventory damaged by fire... Whether is this rev or cap exp. Anyone exaplintion with proper understanding......

latest answer

Insurance receipt is like revenue receipt on account of damaged goods

Balachandar S

CA Inter

★ 59K+

3

263

Revaluation reserve RR /capital reserve CR

answered on 03-Dec-22 13:47

Revaluation of any fixed asset credited to RR or CR

latest answer

Capital reserve is created out of profits.

Kamal Kumar

CA Inter

★ 7K+

4

249

Financial statement of company

answered on 30-Nov-22 23:12

Please solve this sum or atleast say the final answer (maximum amt of dividend that can be issued)

latest answer

Only In case of inadequacy or absence of profits in any financial year, we have see the above conditions if there is adequate profits all this conditions not applicable

Dhakshana Dhakshana

CFA L2

★ 18K+

5

235

AS 4

answered on 30-Nov-22 12:10

Subsequent event - Insolvency of a debtor Will it be an adjusting event even if there was no doubtfulness existing on the Balance sheet date?

latest answer

Assuming this is for direct entry students, by Nov 1, you should have completed 9 months

Sibi Srinivasan

CA Final

★ 22K+

4

254

ICAI evaluated copies

answered on 30-Nov-22 12:55

Is it possible to get Accounting and Law certified copiers evaluated by the ICAI for our reference at our home ? Is any such answer copies available in the market or can be ordered from the ICAI ?

latest answer

Yes.

Ardhendu Sekhar Acharya

CA Inter

★ 250

5

245

Consolidated balance sheet

answered on 30-Nov-22 00:30

should we consider minority interest in conso balance sheet

latest answer

Yes you should consider minority interest in liability side of balance sheet

surya kumar

CA Final

★ 2K+

1

272

CFS

answered on 30-Nov-22 00:25

how to compute cost of control easily

latest answer

After solving analysis of profits calculate net assets received based on diff between both goodwill or capital reserve created

surya kumar

CA Final

★ 2K+

1

199

Banking companies

answered on 30-Nov-22 05:06

Can anyone tell me how that 18days came?

latest answer

Thanks

vs navin

CA Final

★ 1K+

4

283

Accounts debentures

answered on 30-Nov-22 06:10

can anyone explain the four lines which are given in the colour box I did not understanding what they are saying ?? Anyone explain me

latest answer

TQ :) :)

Balachandar S

CA Inter

★ 59K+

6

293

Depreciation

answered on 29-Nov-22 22:28

Answer to these question

latest answer

@vignesh psb Take it...btw can uh tell me this question is which year..

Vignesh Psv

CA Foundation

★ 8K+

2

328