Forums
Revaluation loss
Accountancy
answered on 11-Oct-22 10:01
A machine is revalued downward and no Balance in revaluation surplus then it is charged to p&l by which name ??
latest answer
The revaluation profit/ loss is transferred to the capital accounts of all partners.
Atharv Sankliya
CA Final
★ 3K+
2
419
Is it mandatory to prepare assets disposal a/c
Accountancy
answered on 10-Oct-22 23:38
Is it mandatory to prepare assets disposal a/c in case of provision for depreciation??
latest answer
Prepare if asset is sold during the year.
Atharv Sankliya
CA Final
★ 3K+
1
336
Partnership
Accountancy
answered on 12-Oct-22 13:58
Please anyone prepare cash and bank account
latest answer
Please try solving and post your answer. You will learn better from your own mistakes than from other's correct answers
Harshita Tripathi
CA Inter
★ 2K+
2
337
Npo
Accountancy
answered on 12-Oct-22 14:11
Can you plzz help me to find ans of this...
latest answer
https://youtu.be/SdMHO0qgQGA For quick conceptual understanding of NPO.
Bhumika Soni
CA Inter
★ 6K+
2
433
Incomplete records
Accountancy
answered on 12-Oct-22 14:10
Why all these balances in these acnts taken in this like this
latest answer
You need to figure out missing figure (balancing figure) from each account and complete the question.
Fathima _
CA Inter
★ 2K+
3
391
Contingency Valuation of Abnormal Loss and Closing Stock
Accountancy
answered on 10-Oct-22 10:01
Please tell me why in this question Octroi duty is calculated while computing Closing Stock but not during computing Abnormal Loss in the Working note ?
latest answer
Thank you sir
Ardhendu Sekhar Acharya
CMA Inter
★ 250
2
346
Cash a/c undercast by Rs. 10 lac
Accountancy
answered on 12-Oct-22 14:43
What are the rectification entries for sales a/c undercast by Rs. 10 lac
latest answer
Then you will just pass an entry in sales account as By undercasting of Sales Book - 10 lacs.
Atharv Sankliya
CA Final
★ 3K+
11
441
Asset disposal a/c
Accountancy
answered on 10-Oct-22 10:59
When asset disposal account is prepared??
latest answer
It is a logical way to handle disposal of asset cases. You can also include the sale entry in original asset account
Atharv Sankliya
CA Final
★ 3K+
5
497
Partnership Accounts
Accountancy
answered on 10-Oct-22 10:58
I have learned No Partnership Deed then No Remuneration to Partner. As Interest is Charge Against Profit; so We need to give Interest but why shall we give salary to partner? As shown in box
latest answer
No agreement means no salary.
A B
CA Inter
★ 105
4
431
Depreciation
Accountancy
answered on 10-Oct-22 12:32
Depreciation
latest answer
You can follow the presentation given in the solution.
Priyamvatha Parthasarathy
CA Foundation
★ 5K+
3
376