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Partnership account
Accountancy
answered on 29-Oct-22 07:58
Here why we have not given Dr to pand l appropriation instead of salary ac and in case of interest given Dr to pand l appropriation ac
latest answer
Salaries, interest paid are nominal accounts, which will be finally transferred to p&l appropriation a/c at the end. Hence, they made net entry with p&l appropriation a/c.
Samarth Kshatriya
CA Inter
★ 1K+
1
252
Bills of exchange
Accountancy
answered on 29-Oct-22 00:04
In this answer, can we write stay away in a single journal like I did.
latest answer
Ok bro, I will follow like. Thank you ������
Vijay K
CA Inter
★ 9K+
5
350
Bank balance not adjusted... Why?
Accountancy
answered on 29-Oct-22 17:35
In the pdf attached, in illustration 7, in last paragraph of question, there is an adjustment given for shares forfeited and reissued. But the amount collected on re issue is not added to bank balance which is given inside the trial balance. Can you please explain why? Atleast to the tune of gain on forfeiture, the bank balance has to be increased..... Right??! Please clarify my doubt.
latest answer
Ok sir thanks
James Js
CA Inter
★ 1K+
12
432
Is it fine to make a separate column for debit note in the purchase return book, instead of writing the debit note no. in the particulars itself?
Accountancy
answered on 31-Oct-22 22:19
Is it fine to make a separate column for debit note in the purchase return book, instead of writing the debit note no. in the particulars itself?
latest answer
Thanks
Dova Shaji
CA Inter
★ 520
6
328
Can anybody tell me why is the interest of the first bill Rs 172.60 is also added to the second bill
Accountancy
answered on 29-Oct-22 08:13
Can anybody tell me why is the interest of the first bill Rs 172.60 is also added to the second bill ? (Check the last two steps to know what I am asking)
latest answer
Welcome!
Ardhendu Sekhar Acharya
CA Inter
★ 250
3
309
Partnership
Accountancy
answered on 28-Oct-22 15:23
Instead of given in the book, can we write like thisð???.
latest answer
Ok bro, tq
Lathika
CA Inter
★ 6K+
3
228
Days of grace
Accountancy
answered on 28-Oct-22 18:16
If in problems, if they ask to ignore days of grace, should we ignore only 3 days of grace period or anything else?
latest answer
3 day ls
Rupa Devi Akkala
CA Final
★ 37K+
6
670
Consolidated Financial Statements
Accountancy
answered on 28-Oct-22 12:41
Can anyone explain me how the arrived the share in pre-aquisition profit(under intangible asset)
latest answer
lot*
theee k
CA Final
★ 435
3
304
AS 11
Accountancy
answered on 28-Oct-22 08:53
How to identify that the above question is for speculation purpose. They have not given anything in the question regarding this
latest answer
If its for non speculation or hedging, it would be mentioned in question. Like - the company has foreign currency loan
vs navin
CA Final
★ 1K+
1
313
Issue of share
Accountancy
answered on 28-Oct-22 10:12
Does application money count while the amount is transfer to capital reserve from forfeited share account in case of two different shareholders ?
latest answer
Only the accepted shares application money will be considered. Rejected is not considered
Nakul Dixit
CA Final
★ 4K+
1
242