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Final accs

Accountancy

answered on 31-Oct-22 22:27

In below image i have done sum with regard to final accs... My Doubt is Is that combine entry is allowed in exam. and also tell me if i commit any mistake in that question... So that i can rectify Thanks in advance :)

latest answer

TQ sis. :)

Balachandar S

Balachandar S

CA Inter

59K+

2

260

Pre & post incorporation

Accountancy

answered on 31-Oct-22 21:53

Why is freight & carriage not apportioned in this question?

latest answer

Thank youâ?¦..I missed itâ?¦..

Swetha S

Swetha S

CA Inter

15K+

2

250

ADD

Accountancy

answered on 31-Oct-22 21:19

Can anyone tell me whether ans is 9 of June or 8of June.....

latest answer

Yes

Balachandar S

Balachandar S

CA Inter

59K+

5

257

Inventory Valuation

Accountancy

answered on 31-Oct-22 21:21

Is the solution correct?

latest answer

Exactly... welcome!

Dharani Chakravarthi

Dharani Chakravarthi

CA Final

8K+

7

243

Insurance Claims

Accountancy

answered on 31-Oct-22 20:12

In this question what would we do for fire fighting expenses if it wasn't admitted by insurance company. Can we claim such expenses as loss for computing claims?

latest answer

Unless it is admitted by the company

R M

R M

CA Final

3K+

6

267

Insurance claims for loss of stock

Accountancy

answered on 01-Nov-22 16:06

What is the meaning of the point (b) Opening stock on 1st April was â?¹2,20,000, including stocks of the value of â?¹20,000 being lower of cost and net value subsequently realised but the realisation value is not included in the sales given above

latest answer

It is kept separately to compute normal profits and stock.

Subramanyam N

Subramanyam N

CA Inter

6K+

5

254

BOE

Accountancy

answered on 31-Oct-22 17:22

In the attatched question...When X draws bill on Y ...on discounting X remits to Y in the ratio of( X:Y= 2:1) ...when Y draws bill on X and discounts it with bank he remits only 6740 shouldn't it be 16740 because when 40110 divided in 2:1 ratio X should get 26740 on deducting the earlier amount of 10000 ,Y should remit 16740 only then the discount would be 1260 as said...but in question it is given that only 6740 is remmited by Y to X but the discount is given for 16740 rs as 1260...why is that so?.... (Illustration 11)

latest answer

In question itself ,they gave that Y sends 6740. Then that 20000=30000(intial amount)-10000(money remitted by X to Y.

Yamuna S

Yamuna S

CA Inter

15K+

3

360

AS-2

Accountancy

answered on 02-Nov-22 09:11

Kindly... Explain what they mentioned in the notes...

latest answer

Pls follow guidance given in ICAI material and AS-2. Though the note given is logical, it is not the basis followed generally.

Manoj Kumar 007

Manoj Kumar 007

CA Inter

19K+

1

269

AS 11

Accountancy

answered on 31-Oct-22 16:47

Can anyone explain we why they divided the loan amount by 140?

latest answer

ok

theee k

theee k

CA Final

435

3

279

Step marks

Accountancy

answered on 31-Oct-22 14:11

Will step marks be provided even if the final answer is wrong?

latest answer

thanks

Shankari C

Shankari C

CA Inter

12K+

5

331

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