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Accountancy
answered on 02-Dec-22 21:33
How to slove a
latest answer
Record purchase Return - 125 -> Credit P&L Adj. Remove impact of sales return - 251 - Credit P&L Adj. In mitra account - AMount debited - 251. Actual to be debited 125. Diff credit now - 126 Balance debit to suspense.
Sai G
CA Inter
★ 6K+
5
553
Raw material valuation
Accountancy
answered on 03-Dec-22 21:05
Suppose, FG NRV is 350, cost of FG is 360. Raw material cost is 140, while replacement cost is 190. What should be the value of raw material say I have 800 units. This ques is same as of Nov2019 PYP AS-2 question.
latest answer
In this question FG cost is Rs.360 & its NRV value is Rs.340, i think u r confused regarding cost & NRV value!(Finished goods valued at NRV Being lower than the cost, then if Raw material replacement cost is also lower than cost, then RM valued at replacement cost)
Sugam SM
CA Final
★ 9K+
11
597
True or False
Accountancy
answered on 01-Dec-22 13:58
Any one has consise pdf which contains all chapter true and false pdf of accounts.
latest answer
Thankyou so much Anandhakumar NM
Prathmesh kharul
CA Foundation
★ 3K+
3
543
True and False Accounting
Accountancy
answered on 01-Dec-22 12:08
In the True and False questions which come in Accounting Q no.1 It is necessary to give a reason only if the answer is False right ?
latest answer
Reasons are compulsory in true or false.
Ardhendu Sekhar Acharya
CMA Inter
★ 250
7
610
Cfs
Accountancy
answered on 02-Dec-22 21:45
how to take dividend paid adjustment in consolidate financial statements
latest answer
https://youtu.be/y5CnRDYChUo
surya kumar
CA Final
★ 2K+
2
455
Cap or rev.... Exp
Accountancy
answered on 30-Nov-22 20:36
Insurance claim received on the account of inventory damaged by fire... Whether is this rev or cap exp. Anyone exaplintion with proper understanding......
latest answer
Insurance receipt is like revenue receipt on account of damaged goods
Balachandar S
CA Inter
★ 59K+
3
476
Revaluation reserve RR /capital reserve CR
Accountancy
answered on 03-Dec-22 13:47
Revaluation of any fixed asset credited to RR or CR
latest answer
Capital reserve is created out of profits.
Kamal Kumar
CA Inter
★ 7K+
4
407
Financial statement of company
Accountancy
answered on 30-Nov-22 23:12
Please solve this sum or atleast say the final answer (maximum amt of dividend that can be issued)
latest answer
Only In case of inadequacy or absence of profits in any financial year, we have see the above conditions if there is adequate profits all this conditions not applicable
Dhakshana Dhakshana
CFA L2
★ 18K+
5
426
AS 4
Accountancy
answered on 30-Nov-22 12:10
Subsequent event - Insolvency of a debtor Will it be an adjusting event even if there was no doubtfulness existing on the Balance sheet date?
latest answer
Assuming this is for direct entry students, by Nov 1, you should have completed 9 months
Sibi Srinivasan
CA Final
★ 22K+
4
482
ICAI evaluated copies
Accountancy
answered on 30-Nov-22 12:55
Is it possible to get Accounting and Law certified copiers evaluated by the ICAI for our reference at our home ? Is any such answer copies available in the market or can be ordered from the ICAI ?
latest answer
Yes.
Ardhendu Sekhar Acharya
CMA Inter
★ 250
5
412