NPO

answered on 22-Nov-22 23:25

Do we record current A/c balance of pass book which is given in Receipts & Payments A/c while preparing opening and closing balance sheet . If not why don't we record . Please explain ....

latest answer

Thank you sir

Jahnavi Jaijapuram

CA Foundation

★ 6K+

8

326

Internal construction

answered on 14-Nov-22 16:46

Wt does b point mean.. Does it mean in notes to accounts the reduced amount SD also b shown fr 5 years?

latest answer

Amount written off should be shown.

Shru Kanda

CA Inter

★ 610

1

256

Provisions and reserves

answered on 06-Nov-22 18:40

How a proposed dividend is neither a provision nor a reserve

latest answer

You don't generally create provision for dividend. Dividend will be paid as and when declared (takes some time ) Proposed dividend is just a proposal to pay ..

Monisha KM

CA Inter

★ 825

1

261

Account current- marks for working

answered on 06-Nov-22 17:56

Do the working note of no.of days in account current carries mark?

latest answer

Thank you sir!!

Yamuna S

CA Inter

★ 15K+

5

226

profit and loss a/c at admission

answered on 14-Nov-22 16:48

Does p&l a/c is prepared to calculate the profit at the time of admission with revaluation a/c

latest answer

Generally estimated not prepared. IN real life they may prepare.

Atharv Sankliya

CA Final

★ 3K+

1

205

As19

answered on 06-Nov-22 10:27

How to know in the books of lesse or lessor ,if question is silent

latest answer

Pls share the question you are referring to

OMKAR REDDY

CA Inter

★ 6K+

1

238

As19

answered on 06-Nov-22 10:32

In leases just calculate intrest rate ,then how to whether in the books of lesse or lessor

latest answer

Lessor rate is applicable to lessee as well.

OMKAR REDDY

CA Inter

★ 6K+

1

246

Debentures

answered on 05-Nov-22 22:54

Can anyone explain how to calculate interest for debentures issued at discount and redeemed at premium in th following question

latest answer

Thank you brother

Jahnavi Jaijapuram

CA Foundation

★ 6K+

5

339

Debentures

answered on 05-Nov-22 22:54

Can anyone explain these five points in short with example please...

latest answer

Okay brother. Thank you

Jahnavi Jaijapuram

CA Foundation

★ 6K+

4

297

Consignment

answered on 05-Nov-22 19:23

In 5th entry of illustration 2 the bad debts entry is given as Exe a/c dr. To trade receivable a/c Why it is not given as Exe a/c dr. To bad debts a)c ...

latest answer

Thank you

Yamuna S

CA Inter

★ 15K+

4

343