Accounting for livestock

answered on 03-Oct-22 17:28

Does we have accounting for livestock (ex - animal) in CA inter or in final ??

latest answer

AS-10 is in CA Inter.

Atharv Sankliya

CA Final

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242

Doubt in rights issue

answered on 02-Oct-22 18:14

I donâ??t understand what ex right price and cum right price is ..can someone explain it in a nutshell?I watched the video ur Iâ??m still confused

latest answer

Tysm

SANSKRITI BADRI 2111339

CA Final

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245

General doubt on journal entries

answered on 02-Oct-22 19:49

When we pass journal entries is it ok if we write short narrations ? Will there be mark deduction for that?

latest answer

Yes obviously you have to Write A short explanation of each transaction is written under each entry narration:)

sradha krishna sunil

CA Final

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274

Purchase consideration

answered on 04-Oct-22 13:00

In amalgamation chapter, does the amount of purchase consideration change in all the three methods or remains the same no matter the method we choose?

latest answer

Understood sir. Thank you so much.

Abishek Narain

CA Inter

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9

287

ESOP

answered on 02-Oct-22 17:56

Why employee compensation expense termed as FAIR VALUE ?

latest answer

Thank you. both

Balaji R

CA Final

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262

Expenses

answered on 02-Oct-22 17:56

Purchased some decorative items for decoration of my office should that be included in my business expenses or it is personal expenses.

latest answer

This Expenses consider as business expenses

Prathmesh kharul

CA Foundation

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311

Change in Profit Sharing Ratio

answered on 01-Oct-22 22:17

Anybody please explain me how is the second entry Investment A/C Dr To Revaluation A/C done in here ?

latest answer

Thank you

Ardhendu Sekhar Acharya

CA Inter

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2

226

Redemption of debentures

answered on 04-Oct-22 12:13

In illustration 5 of Study mat, debentures are redeemed but intrest isn't accounted? Kindly clarify.

latest answer

Generally it would be mentioned in question. Most of the questions from this chapter are based on redemption only. In some case there would be interest received on investments and paid.

Sugam SM

CA Foundation

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250

General

answered on 01-Oct-22 17:48

Fictitious assets means which do not have any existence and it do not have any sale value my Doubt is 1) why we need to show in B/s as a asset side and give any examples for that.?? 2) if we don't show fictitious assets in the b/s as a asset what will happen to the balance sheet??? 3) what is the relationship between fictitious asset and deferred revenue expenditure...... Pls anyone clarify me.??

latest answer

Fictitious assets can be defined as the assets that cannot be realised in cash or no further benefit can be derived from those assets.Fictitious assets are shown on the asset side of the balance sheet of a company under the heading Miscellaneous Expenditure. The incidental expenses which cannot be classified as manufacturing, selling, and administrative expenses are called miscellaneous expenditure.

Balachandar S

CA Inter

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Accounting For Employee Stock Option

answered on 01-Oct-22 09:46

In this question expense should be recognised for 55,200 options for 2 years and then the balance amount for 3rd year

latest answer

Ok thanks

Harsh Mittal

CA Final

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248