Forums
Branch
Accountancy
answered on 26-Mar-25 12:30
Explain point 6 in simple language
latest answer
Keeps the cost and profit margin hidden from branch managers, preventing misuse (like starting a competing business). Helps in stock control — by ensuring: Opening Stock + Goods Received (at invoice price) – Sales = Closing Stock. Ensures uniform pricing across branches and reduces branch-level pricing tasks.
Sushmita Chowdhury
CA Inter
★ 2K+
1
102
Retirement of a partner
Accountancy
answered on 24-Mar-25 11:03
Sir in this question there is no good will shown in the balance sheet sir
latest answer
We have added goodwill in the balance sheet as an improvisation. ICAI has asked such question in past.
Bindhupriya S Bindhupriya S
CA Foundation
★ 2K+
1
136
reserve inclusion
Accountancy
answered on 29-Mar-25 11:04
sir in this question infrastructure development reserve is a part of reserves and surplus which forms a part of shareholders fund. then why are we not considering it in the calculation of equity?
latest answer
ok sir thank you
Pooja Sree
CA Inter
★ 25
2
160
Buy back
Accountancy
answered on 18-Mar-25 16:41
Is it compulsary to follow simultaneous method for debt equity ratio test in exam to gain full marks or can we follow any method to caluclate ?
latest answer
Any method
Sri ram Pothineni
CA Inter
★ 11K+
1
123
subsidiary books
Accountancy
answered on 17-Mar-25 20:48
in the book there is first journal entries and ledger then trial balances and then subsidiary books but in this accounts course there is first subsidiary and then journal, ledger and trial balance.
latest answer
Pls follow video sequence
Rudransh Aheer
CA Foundation
★ 3K+
1
116
Interest on drawings
Accountancy
answered on 20-Mar-25 10:53
How to calculate the interest on drawings and capital
latest answer
Refer attached.
Reshma .R
CA Inter
★ 0
1
117
Branch account
Accountancy
answered on 17-Mar-25 22:24
In this question, Branch stock reserve has been calculated in the books of H.O and trading and P&L A/c is prepared in the books of Branch. Am I correct, Sir?
latest answer
Yes
Nisha M
CA Final
★ 2K+
1
107
Related party
Accountancy
answered on 17-Mar-25 09:51
Mrs.A (individual) having 30% stake and significant influence in Altd therefore Mrs.A is a related party. Suppose in the place of Mrs.A, there is an entity called Bltd with 30% stake and significant influence. Can we call Bltd as a related party to Altd?
latest answer
Yes
Nisha M
CA Final
★ 2K+
1
101
Sir 10:30to 10:46 how u got 170 sir calculation sir please help I not understand sir
Accountancy
answered on 17-Mar-25 10:47
Sir10:30 to 10:46 howu got 170 sir calculation sir please help I not understand sir
latest answer
The excess purchase consideration that received will be setoff against P&L and general reserve Excess consideration is 670. It will be setoff against P&L of 500 of old company (Question) and the remaining 170 against general reserves
R G
CA Inter
★ 9K+
1
89
Amalgamation of company
Accountancy
answered on 15-Mar-25 18:22
At last in video, you took Rs. 10 @ Par value to calculate Consideration (500x10). But why don't you change the value of Y ltd Intrinsic value 30 into 10
latest answer
The value of entity Y is 30 per share. That will be considered to value the company and discharge consideration.
Deva Acca
CA Inter
★ 630
1
117