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Introduction to partnership

Accountancy

answered on 31-Oct-22 16:34

Please solve the 8th one

latest answer

8) Option A

Vedant Vijay

Vedant Vijay

CA Foundation

1K+

4

453

dividend

Accountancy

answered on 30-Oct-22 19:01

pre acquisition dividend should be reduced from the cost of investments ?

latest answer

I GOT IT THANKS

Shankari C

Shankari C

CA Inter

12K+

3

434

Branch accounts

Accountancy

answered on 31-Oct-22 21:07

What is this excess? I didn't understand it properly. Excess of sale of 2000

latest answer

Okay sir I got it. That extra 2000 is bcz we had stock of 270000-48000( closing)= 222000 which is cost of goods sold. But sales is of 224000.

Sugam SM

Sugam SM

CA Final

9K+

5

690

Cash flow statement

Accountancy

answered on 30-Oct-22 14:34

In indirect method, If debentures opening and closing balance is given (eg. 10% debenture) How to find interest? On opening balance or closing balance?

latest answer

Thankyou sir

vs navin

vs navin

CA Final

1K+

2

465

Amalgamation of Companies

Accountancy

answered on 30-Oct-22 12:27

In case of Unrecorded Asset , Can we Transfer to Realisation Account ?

latest answer

Only the sale value

M Naresh

M Naresh

CA Final

3K+

1

426

Preparation presentation of financial statement

Accountancy

answered on 31-Oct-22 11:06

What is the classification of these items in financial statements from (xviii) to (xxii)

latest answer

Expenses

Subramanyam N

Subramanyam N

CA Inter

6K+

1

543

Wholesale branch method

Accountancy

answered on 31-Oct-22 11:05

Why there is no creation of a reserve on goods sent?

latest answer

Because you are not preparing branch account.

Shaviri Reddy

Shaviri Reddy

CA Inter

1K+

1

688

Consolidation

Accountancy

answered on 31-Oct-22 11:01

In the 1st part , its still an associate then why As 13 is applicable?

latest answer

AS 13 is applied for investments in standalone financial statements.

Logesh Warran

Logesh Warran

CA Final

4K+

3

462

Partnership

Accountancy

answered on 31-Oct-22 15:05

Why "Loan -Gopi Ltd" is not transferred to Realization A/c even though he is not a partner of the firm or Owner of the company?

latest answer

Got it Sir. Thanks a lot.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

5

725

Bounus shares

Accountancy

answered on 31-Oct-22 11:03

Can we Provide Bonus Shares to Preference Shareholders?

latest answer

Bonus would be issued to equity shares only unless terms of shareholder agreements provide otherwise. The reserves belong to equity shareholder.

harkirat singh

harkirat singh

CA Inter

1K+

3

526