Forums
ESOP
Accountancy
answered on 13-Oct-22 19:10
Sir are ledgers important to learn for employee stock option plan chapter in group 2?
latest answer
Okay sir thank you
krishna prasanthi
CA Final
★ 13K+
4
463
NPO
Accountancy
answered on 14-Oct-22 13:19
Can you tell me what will be the value of Honorarium to the secretary in Closing Balance sheet. Will it be Rs 200 or Rs 600 ( 400 + 200 ) ? The question mentions "The Honorarium to the secretary will be increased by Rs 200 for the year ended 31st March 2021" What is the O/S Honorarium for 31st March 2021 ?
latest answer
Thank you sir
Ardhendu Sekhar Acharya
CMA Inter
★ 250
8
655
Liquidation
Accountancy
answered on 13-Oct-22 08:24
How is the loss on liquidation of rs. 31,50,000 calculated
latest answer
Thank you very much!
Vathana M
CA Inter
★ 25
2
395
DRR Investment
Accountancy
answered on 13-Oct-22 11:34
If we calculate DRR Investment based on value of debentures maturing between 30/04/y1 and 31/03/y2, will the debentures maturing between 01/04 to 29/04 of y1 be unaccounted?
latest answer
Pardon me sir I didn't refresh the page and so saw your message after I posted that question. Thanks a lot for your response sir
Aswin Chandar
CA Final
★ 40K+
9
384
AS 9
Accountancy
answered on 13-Oct-22 12:08
Can anyone explain me illn 3
latest answer
Thank you sir
theee k
CA Final
★ 435
2
410
Can we post entry in ledger after preparing trial balance
Accountancy
answered on 13-Oct-22 21:05
Can we post entry in ledger after preparing trial balance or it is only adjusted through adjustment of final account
latest answer
yes
Atharv Sankliya
CA Final
★ 3K+
9
739
Accounting standard
Accountancy
answered on 12-Oct-22 20:12
Can anyone explain me this please
latest answer
Thanks
Shankari C
CA Inter
★ 12K+
4
343
Important
Accountancy
answered on 12-Oct-22 13:17
1 & 2 chapters important in Accounting group 1? Any questions are asked from that ?
latest answer
Ok sir
Shankari C
CA Inter
★ 12K+
5
420
Insurance claim
Accountancy
answered on 12-Oct-22 03:18
In this question i am getting answer as 66,000 But in solution it is given as 64,000
latest answer
You calculated profit by considering 5% increase in sales amount but not considered 10% increase in cost of good sold So as per your calculations profit is 55,000 So, cost of good sold should be 50,000 (105000-55,000) But this 50,000 is before considering 10 % increase in cost of purchase Out of 50,000, 30,000 is from opening stock So, balance 20,000 is current period purchase which is affected to cost increase So, revised cost shoul be 20,000/100*110 22,0000 Revised cost of good sold=30,000+22,000 =52000 Revised profit=105000-52000 =53,000 (Fifo method assumption) Out of 88,000 purchase 22,000 cost of good sold along with 30,000 opening Balance=88,000-22,000 =66,000 After 2000 salvage 64,000 loss of stock
Subramanyam N
CA Inter
★ 6K+
1
357
AS 29
Accountancy
answered on 11-Oct-22 21:36
As per the AS 29 does the Provisions for doubtful debts can be called as a provision or not
latest answer
Its not a provision It is adjustment to an asset
CHINTHA SHARAN
CA Inter
★ 80
2
330