Narration

answered on 23-Jul-24 09:52

Is there is specific mark for writing narration. If the narration is short which cover complete transaction will they reduce mark for that.

latest answer

Narration writing will increase marks But no narration may decrease the same It totally depends on the invigilator how much marks he will deduct The answer is to write a short narration containing brief description of transaction

Lathika

CA Inter

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3

37

Cma foundation

answered on 23-Jul-24 09:14

What is the answer .

latest answer

Questions must be asked after solving You should share your solution too

Dharshini S

CA Foundation

★ 5

2

41

Branch account

answered on 22-Jul-24 12:46

Please help me to solve this question with proper answer with required format.

latest answer

What is your specific doubt

supriya kadam

CA Inter

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1

27

AS 3

answered on 22-Jul-24 12:48

Why is discount on issue of debentures is an asset to the company?

latest answer

Discount on issue of debentures is a cost that the company has incurred for the debentures issue. The benefit is available over a period of time. So the discount is recorded as a fictitious asset and written off over the debenture tenure.

Niveta Rajkumar

CA Inter

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2

69

AS 16

answered on 17-Jul-24 13:41

Why is the phase 3 & 4 not capitalised - work is not yet completed right?

latest answer

Construction*

Swetha S

CA Inter

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79

Preparation of Financial Statement

answered on 16-Jul-24 12:48

why aren't we transferring profit on sale of machinery to capital reserve but showing it in other income in this question?

latest answer

Gain on sale of fixed assets is recognised in P&L

Niveta Rajkumar

CA Inter

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1

54

Depreciation - practical sum3

answered on 17-Jul-24 08:45

How did the value of depreciation is Rs.8350000 in dec 31?

latest answer

One truck is sold in october. So remaining 9 trucks we calculate depreciation for 12 months which is 81,00,000 and a new truck is purchased for 50,00,000 on that we calculate depreciation for 3 months which is 2,50,000 . So total sepreciation is 83,50,000

Dharshini S

CA Foundation

★ 5

3

65

Drawing journal entry

answered on 15-Jul-24 09:58

Can explain the drawing journal entry of Drawing A/C Dr To Purchase A/C How purchase A/C come to credit

latest answer

Since material is being withdrawn, we credit purchases. (This will reduce the amount of purchases for business)

Thomas Deva

CA Inter

★ 0

2

87

Capital reserve and minority internet

answered on 15-Jul-24 11:57

Sir how to dived capital reserve and minority internet to the post profit and pre profit. what is the percentage please tell me sir

latest answer

Pls follow the method given in lecture.

Anitha Raghu

CA Inter

★ 0

4

69

depreciation and amortization

answered on 18-Jul-24 00:56

sir depreciation and amortization please explain Scrapped value assets disposal Provisions for depreciation accounts is maintained and not maintained Machinery disposal

latest answer

For tangible asset depn applied, for intangible asset amortization Both are same but names are different

Swathi Swathi

CA Foundation

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2

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