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Accountancy

answered on 10-Jan-23 06:19

from which module/chapter/unit/pronouncement/part shall we study AS of icai mat ? what is pronouncement for

latest answer

thank you

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

2

468

Question

Accountancy

answered on 20-Jan-23 23:12

Whatâ??s the answer Illustration 3

latest answer

5 lakhs - 3 lakhs = 2 lakhs 2 lakhs / 9 = 22,223 shares In multiples of 50, it is 22,250 shares, as you cannot reduce the original number of shares to be issued, but it can be increased.

Vyshnavi Shetty

Vyshnavi Shetty

CA Final

3K+

2

458

Npo

Accountancy

answered on 09-Jan-23 07:21

Q1)What is to be done with opening, closing stock and purchases. What is shown where? Q2) how is entrance donation capitalised 60,000 in b/s and 90,000 is taken in I & E ac? Q3)How did we get 4,41,000 as fixed assets in bs?

latest answer

Prepare a separate trading account with Purchases, Op Stock, Closing stock and receipts from the activities. Alternatively, you can calculate Cost of Goods sold as Op Stock + Pur - Closing stock and take it to debit of Income and expenditure.

Vedant Vijay

Vedant Vijay

CA Foundation

1K+

3

474

PREPARATION OF FS

Accountancy

answered on 09-Jan-23 10:37

RTP MAY 22 WHY WE DID NOT ADD INVENTORY TO ADJUSTED PURCHASES?

latest answer

Thank u

Kamal Kumar

Kamal Kumar

CA Inter

7K+

7

437

Due date chapter

Accountancy

answered on 31-Jan-23 14:19

if the due date fails on a public holiday or Sunday due date would be 1 days such public holiday or Sunday in this case befor or after

latest answer

Public holiday - Preceding day Sudden holiday - Succeeding day

R K

R K

ACCA Skill

9K+

11

498

Ind as 16

Accountancy

answered on 09-Jan-23 07:26

If we buy dogs and sell them in the market then how it can be a agricultural activity and how it can be classified under Ind AS 41?

latest answer

It is not an agricultural activity.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

3

427

As 10

Accountancy

answered on 07-Jan-23 19:56

Generally we depriciate the asset but here we are adding discount rate which should be reduced from the asset value Why?

latest answer

PV of decommissioning cost is considered to be cost of asset.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

1

414

As 10

Accountancy

answered on 07-Jan-23 20:02

Can any one explain me what is Decommissioning expenses ?

latest answer

Ok

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

4

542

framework

Accountancy

answered on 06-Jan-23 14:11

opening trade receivable= 20000rs closing trade receivable= 25000rs there is no credit sale or cash received payment shown

latest answer

assume all sales are credit

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

2

453

AS-11

Accountancy

answered on 20-Jan-23 23:16

Difference b/w intergral and non integral foreign operations in simple terms?

latest answer

Integral is dependent. Non-integral is independent.

Nivetha Baskar

Nivetha Baskar

CA Inter

3K+

4

485