Branch accounting

answered on 14-Sep-22 22:45

Illustration-1a..explanation for cash from debtors rs.120000 i?

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Cash sales+collection from debtors=Remittances to HO. Collection from debtors=1,65,000-45,000=1,20,000.

Pooja Soni

CA Inter

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3

319

NPO

answered on 15-Sep-22 09:55

Payment of medicine supply 300000rs. Op. Stock of medicine 100000 rs Closing stock of medicine 150000rs Opening amount due for medicine supply 90000rs. Closing amount due for medicine supply 130000rs What is the amount of income and expenditure a/c.

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My pleasure, just mark best answer if you feel so. Thanks.

Harshita Tripathi

CA Inter

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3

256

NPO

answered on 15-Sep-22 17:18

NPO question ca foundation

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You need to prepare abstract of balance sheet.

Astha pandya

CA Foundation

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4

301

Consignment

answered on 14-Sep-22 23:02

What is difference between invoice price and cost price? Why does we take value of invoice price instead of cost price while calculating abnormal loss?

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Thanks for ur up, s answer

Samarth Kshatriya

CA Inter

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5

367

Doubt

answered on 29-Sep-22 15:33

Valuation of inventory, at cost or net reliable value, whichever less is based on principal of convertism. This statement is true or false give reason

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True According to convertism principal don't record anticipated income and should anticipated losses

Ritika Chaudhary

CA Foundation

★ 170

6

270

Rectification of Errors

answered on 20-Sep-22 19:26

Please verify if there is any mistake in any number and also tell me what will be bit 7

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My answer

Ardhendu Sekhar Acharya

CA Inter

★ 250

10

289

Accounting standard

answered on 14-Sep-22 15:30

Accounting standard for non corporate entities in India are issued by the central government. This statement is false or true give reason

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Thanku

Ritika Chaudhary

CA Foundation

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2

218

Bank Reconciliation Statement

answered on 14-Sep-22 17:12

The book answer is Rs 13525. But my answer is Rs 15025. Can anybody please correct me ?

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Hello, 250 is the amount debited(reducing negative balance) in cashbook but corresponding effect was not given in passbook. As a result passbook shows high negative amount than cashbook so in order to bring it down to cashbook balance we add 250.

Ardhendu Sekhar Acharya

CA Inter

★ 250

5

371

Liquidation illu 4

answered on 14-Sep-22 13:08

How does loss of 59000 came

latest answer

Okk ð???

Gauri Shete

CA Final

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4

238

Bank Reconciliation Statement

answered on 14-Sep-22 12:25

In question no. 23 bit (f) and (h) It will be ADD or LESS from Pass book point of recording

latest answer

Just reverse the sign that i mentioned earlier

Ardhendu Sekhar Acharya

CA Inter

★ 250

4

295