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Consignment

Accountancy

answered on 16-Oct-22 12:13

Please explain me entry 5 (d) "For the remittance that may accompany the Account Sales..." (please check in the second photo)

latest answer

Thank you

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

9

383

Consignment

Accountancy

answered on 16-Oct-22 10:22

Please someone explain me the calculation of extra Commision in this question I am unable to understand the "x" on the RHS within the brackets

latest answer

Thank you I understood it

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

5

334

Rectification of error

Accountancy

answered on 16-Oct-22 10:55

Goods worth Rs 2500 taken away by the owner for his personal use has been debited to the Repairs Account. This entry is done next year. The answer given is P/L Adjustment A/C is credited and Drawings A/C is debited. There is no mention of Repairs A/C as we are doing the rectification after completion of business year. But can we write P/L Adjustment A/C Dr To Repairs A/C Is this entry correct ?

latest answer

Thank you

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

6

324

Government utility

Accountancy

answered on 16-Oct-22 12:09

Fifo method

latest answer

This is in inter auditors and audit of the company. Paper 2

Astha pandya

Astha pandya

CA Foundation

9K+

6

359

NPO

Accountancy

answered on 17-Oct-22 13:30

Please explain, the calculation for subscriptions

latest answer

I think there is a printing mistake. Outstanding subscription on 1.1.16 should have been 3100. If so, Outstanding subscription as on 1.1.17 will be 4300 (3600 for 2016, 700 for 2015)

Jaswanth P

Jaswanth P

CA Inter

3K+

1

360

Abnormal loss

Accountancy

answered on 16-Oct-22 17:22

If insurance claim is more than abnormal loss what we should do Ex abnormal loss is 300 Insurance claim is 2500

latest answer

Ok sir

Vamshi Kumar

Vamshi Kumar

CMA Final

1K+

6

366

Revisions

Accountancy

answered on 15-Oct-22 09:34

I have completed my 90% syllabus can i pass foundation dec 22 ?? What is the strategy for it ?

latest answer

Please solve past papers and attempt Mocks

Anjali S

Anjali S

CA Inter

0

4

343

MV vs FV

Accountancy

answered on 15-Oct-22 11:58

I can understand the meaning of both the terms. But, I am unable to differentiate, significantly. Please, help me with the significant & subtle differences between Market Value & Fair Value.

latest answer

Thanks a lot, both of you for clarifying my query!!

Krishna Sankar

Krishna Sankar

CA Inter

370

3

381

Can anybody just check and is my answer ok as it is slightly varying from the boom answer ?

Accountancy

answered on 14-Oct-22 19:59

The Book answer is 15th February but my answer is coming out as 16th February. Please verify

latest answer

Ok

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

2

372

Average due date

Accountancy

answered on 15-Oct-22 01:55

What should be the due date of 03/06/2020 in the following question It should be 05/09 or 07/09 ? Please help. 06/09 is a declared a sudden holiday.

latest answer

Ok

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

8

367