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Revaluation of assets and liabilities
Accountancy
answered on 06-Nov-22 11:36
Why revaluation of assets and liabilities is done at the time of admitting new partner ??
latest answer
It is common sense.
Atharv Sankliya
CA Final
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457
ADD
Accountancy
answered on 04-Nov-22 15:42
On interst computation ,how would 3.17 come.. if it is total of products/total of amount ( based on no of year) then that should be 3.125...or it is any other computation
latest answer
Thank you
Yamuna S
CA Inter
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486
Consignment
Accountancy
answered on 04-Nov-22 18:36
I can't understand this question. Please explain.
latest answer
Thanks bro got it.
Dharani Chakravarthi
CA Final
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2
486
ADD
Accountancy
answered on 04-Nov-22 16:36
If the total of products/ total of amount comes in decimal ...how should it be rounded off...if decimal is more than 0.5 we should consider next num to whole num...if it is less than .5 we should consider the whole num... or whatever the decimal we should round off to nxt num...
latest answer
Thank you sir...and I have another doubt too...in case total of products/total of amount calculated on basis of months...the decimal should be converted into days ...in case it is based on days it should be rounded off ...am I right sir?
Yamuna S
CA Inter
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13
497
AS 19
Accountancy
answered on 04-Nov-22 07:36
What is unguranteed residual value as per AS 19
latest answer
Which is not guaranteed by anyone
nisam M
CA Final
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1
398
Asset given as gift
Accountancy
answered on 04-Nov-22 02:53
Suppose my balance sheet is getting tallied with amount of 10lacks and someone gifts me house of rs 30 lakhs now my asset will be of Rs. 10,30,000 so what will be on liability side as the house is gifted to me.???
latest answer
Asset Dr To Capital
Prathmesh kharul
CA Foundation
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8
448
Doubt
Accountancy
answered on 03-Nov-22 22:19
I'm not able to understand the adjustment entry of 16400 of Yash and Tanish given in the Capital Account. Can anyone please explain the logic behind this?
latest answer
Yash and tanish are the share holders of the company. After getting the shares in the respective ratio to close the capital account in the firm that adjustment entry is made
Abishek Narain
CA Inter
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1
459
Amalgamation
Accountancy
answered on 03-Nov-22 16:52
For Amalagamation questions ,if we need to use Intrinsic Value method ,is it always mentioned to use this method.And so if we are not asked to use this method ,that means question mein no need to use Iv method?Pls any faculty or any student confirm?
latest answer
Alright tysm!
pradyumna hariramani
CA Inter
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7
578
Sale on approval or return
Accountancy
answered on 03-Nov-22 19:17
What is the answer for attached question and why?
latest answer
Option C) 6000
Yamuna S
CA Inter
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3
337
Prepration of ledger of reserve for bad bebt
Accountancy
answered on 02-Nov-22 19:45
Can anyone please explain the preparation of reserve for b/d a/c if there is provisions is given
latest answer
https://youtu.be/Vg-_oTf7oJ4?t=280 Covered here.
Anvar Ansari
CA Inter
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