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Banking
Accountancy
answered on 08-Nov-22 13:01
CRR and SLR rate applicable for nov 2022 exam?
latest answer
CRR - 4 percent SLR - 18 percent
Devi Kiran
CA Inter
★ 0
1
315
Advance acc -amalgamation
Accountancy
answered on 08-Nov-22 11:49
In question 14 hari and vayu ltd They didn't mention that liabilities are taken over but till we took debentures trade payables loans Generally we should not take if they didn't mention and we have to settle in realisation a/c ??y did they consider as taken over even though not mention
latest answer
If in question they mention specifically particular assets taken over then only particular assets shod taken for pc
Jaanu Jaanu
CA Final
★ 4K+
3
310
Chapter 1 : unit 2
Accountancy
answered on 07-Nov-22 21:54
Purchase of machinery for cash I thought increase in total assets because cash decreases and another asset machinery comes 8nto the business. But correct answer given as it retains assets unchanged. Plz clear this point sir
latest answer
The answer is *total assets* remains unchanged ... because one asset increases and another asset decreases ... therefore,total asset does not change...only cash ( an asset) changes another form ( machine)
Anil Raj
CA Foundation
★ 580
2
341
Consignment
Accountancy
answered on 07-Nov-22 20:04
Why is Abnormal Loss calculated on Actual Cost price ( 1500 in the given solution ) but Closing Stock is calculated on Invoice price ( 2000 in the given solution ) ?
latest answer
Invoice price means a presumed value created by consignor so,while calculating abnormal loss whey will not include presumed value just they include actual loss
Ardhendu Sekhar Acharya
CA Inter
★ 250
6
319
Adv accounts
Accountancy
answered on 07-Nov-22 18:56
What is better to prepare from exam perspective consolidation or dissolution?
latest answer
Dissolution of partnership is easier. Consolidation - simple problems would be scoring.
Gauri Shete
CA Final
★ 4K+
1
335
Advance Accounts - Banking Companies
Accountancy
answered on 07-Nov-22 20:53
What is the rate of CRR and SLR to be considered for Nov 22 attempt ?
latest answer
Thanks ! These are the latest rates also. So it's making sense
Chandan Subudhi
CA Final
★ 12K+
4
361
Question related to Intangible assets
Accountancy
answered on 07-Nov-22 18:57
Plz tell me tha solution of this ques
latest answer
AS-10 Capitalise to Plant and Machinery.
Riya Goel
CA Inter
★ 4K+
2
322
Practical Q3,dissolution
Accountancy
answered on 14-Nov-22 16:47
Can we show kumar's loan in realisation account here
latest answer
Cash/Bank - No Partners wife loan - can be settled directly or trf to realisation and then settle.
Gauri Shete
CA Final
★ 4K+
3
347
BRS - unfavorable balance
Accountancy
answered on 06-Nov-22 21:08
By which method we have to solve BRS overdraft balance questions By plus minus By statement ??
latest answer
U can solve with any of the above-mentioned methods, but statement is preferable. U don't even need to seperately mention all the plus items and minus items. U can simultaneously put all the transaction in format whether it is plus or minus.
Atharv Sankliya
CA Final
★ 3K+
2
273
NPO
Accountancy
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
401