Forums
Accounting Standards
Accountancy
answered on 11-Nov-22 15:14
Can we write provisions of AS in our own words with key words included , in exams ?
latest answer
Thx sir
Varun Mulay
CA Final
★ 38K+
2
371
Amalgamation
Accountancy
answered on 14-Nov-22 16:34
Jupiter Ltd has taken to pay off Liquidation expenses to the extent of 5k ,why bring his share of liquidation exp in the books of Mars Ltd(vendor company),when it is only jupiter liability to pay of Liquidation exp amounting to 5k?
latest answer
Pls send the solution of what you think is correct. It is not clear as to what you are asking. Also please note sometimes scanner may not be 100% correc.
pradyumna hariramani
CA Inter
★ 290
5
409
Amalgamation
Accountancy
answered on 14-Nov-22 20:03
Here workmen profit sharing fund paid off at 30% premium why not debit total payment of 3.3 lakhs to realization account instead of 30k?
latest answer
Ok sir!
pradyumna hariramani
CA Inter
★ 290
3
292
Banking companies
Accountancy
answered on 11-Nov-22 10:56
In p/l of banking co. Even if no info given, should we transfer 25% to statutory reserve?
latest answer
Yes
Pushkala S
CA Final
★ 3K+
2
282
Internal reconstruction
Accountancy
answered on 11-Nov-22 10:12
Why transfer full creditors to capital reduction account.Their claim is reduced only by 25%,so It should be creditor A/C Dr. TO cap reduction account I.e. 13000 Even for debentures we have only transferred to cap reduction account only 172500 and not full amount of debentures Pls help
latest answer
Ok sir
pradyumna hariramani
CA Inter
★ 290
2
318
Admission of partner
Accountancy
answered on 14-Nov-22 16:34
What will be the journal entry with amount for- C was admitted as a partner and agreed to bring 25,000 as capital and 10,000 as goodwill. It was agreed that the goodwill settlement to a and b will take place outside the firm.
latest answer
IF settled outside the firm, why will cash be brought to business for 10,000
Vedant Vijay
CA Foundation
★ 1K+
4
347
Can u solve this? �
Accountancy
answered on 14-Nov-22 16:36
Pls help me solving out this sum..
latest answer
What is your doubt?
Srinivasan R
CMA Inter
★ 825
3
360
Internal Reconstruction
Accountancy
answered on 11-Nov-22 08:17
What is the journal entry for inventory overvalued??
latest answer
Sorry... It's my mistake..
Pragati Maniyar
CA Inter
★ 5K+
3
328
Partnership Accounts
Accountancy
answered on 11-Nov-22 07:06
If in question any asset is given and taken to Realisation A/C and then no realised value is given then should we realise it at the book value itself.
latest answer
No effect is needed
Harsh Mittal
CA Final
★ 1K+
3
303
As 18
Accountancy
answered on 11-Nov-22 00:16
We should take 10 + 5 but they did 10(60%) Which is right?
latest answer
Answer is right because holding company can only exercise 60 % of 15 % hence only 19 % so no related party disclosure requirements applicable
Jaanu Jaanu
CA Final
★ 4K+
1
302