Goodwill

answered on 17-Nov-22 10:15

Can anyone say answer for this 3 sums

latest answer

35000Ã?3 = 105000 sir . 35000Ã?4 = 140000 . Which will be the answer for your solution sir

akhil shihab

CMA Inter

★ 25

16

380

Does icai provide rough sheet in bmrs paper

answered on 15-Nov-22 19:35

Does icai provide rough sheet in bmrs paper

latest answer

Ok

Atharv Sankliya

CA Final

★ 3K+

9

278

Goodwill

answered on 15-Nov-22 17:59

What's the logic behind deducting remuneration of partners from Average profit while calculating Goodwill ? Does it mean that those remuneration will be (a)payable in future? (or) (b)It had been paid in past? If the latter(b) is the answer, how its correct? (as we already deducted the remuration for those respective years and then only display the profits in the question as previous year profits)

latest answer

It means remuneration is due(yet to pay) . So , we are deducting from average profit to show only the profit value after all dues and payables

Naresh Sundar

CA Inter

★ 2K+

1

412

Doubt in simple accounting policy

answered on 14-Nov-22 21:23

What is FIFO and What Weighted average

latest answer

In the later,we don't consider the price of earlier/latest inventory...we just calculate weighted price

Saketh Reddy Kotla

CA Foundation

★ 21K+

5

281

BRS

answered on 15-Nov-22 00:46

In RTP Nov 22 , point 4- Discount=80000*5%=4000. But ans showing 400. Is this print error or something else

latest answer

Thanks for confirmation

Nakul Dixit

CA Final

★ 4K+

3

268

Doubt in journal problem

answered on 14-Nov-22 15:27

In journal problem one of the transactions you have passed journal entries for full settlement as Cash A/c ..........Dr To Arvind A/c Discount allowed A/c ..Dr To Arvind A/c But instead of passing saperatly can't we pass compund journal entries like ? Cash A/c............Dr Discount A/c.....Dr To Arvind A/c

latest answer

U can pass the combined entry, it's just for understanding. If u have understood then combine those entries

Anil Raj

CA Foundation

★ 580

3

305

Consignment

answered on 13-Nov-22 08:11

Can anyone clearly explain the highlited words? (i.e. the difference between the statement before "or" and after "or")?

latest answer

Ok sir. Thank you !

Naresh Sundar

CA Inter

★ 2K+

4

277

Banking companies - Statutory Liquidity ratio

answered on 13-Nov-22 00:58

Whether it is 18% or 23%?

latest answer

18%

Nivedha Balaji

CA Final

★ 9K+

2

231

Buy back

answered on 12-Nov-22 11:44

In illus 3, how to arrive nominal value of shares to be transfered to CRR as 300. Iam getting 500 as nominal value of equity shares Can anyone explain this?

latest answer

Yeaaa.. Thanks Just now had a look at it

vs navin

CA Final

★ 1K+

2

283

Liquidation

answered on 14-Nov-22 10:30

What is the answer for b?

latest answer

Analysis and solutions only after exams please.

Nikhil Vasanth

CA Final

★ 4K+

6

263