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Piece meal distribution HRC method
Accountancy
answered on 19-Sep-22 19:18
In the given question why there is a transfer of â?¹600 to P&L a/c, why only â?¹162 has been paid towards creditors. Why can't we pay total amount of creditors even though having adequate amount.
latest answer
Creditors were settled for 15900. There is already a payment of 15738 above and the balance 162 is paid later.
Naveen Kumar
CA Inter
★ 0
1
307
Amalgamation of companies
Accountancy
answered on 19-Sep-22 13:50
In illustration 11,why equity share is not calculated at premium but pref share value is taken at premium....
latest answer
Purchase consideration is calculated as per the net asset method (5,30,000). After considering payments to pref.shares by considering the premium (1,10,000), Balance of 4,20,000 is payable to equity share holders. face value-10 value of the share, including premium, is -10.5 so, total shates to be issued=4,20,000/10.5 40,000 shares of hari Ltd 40,000*0.5(premium per share)considered in B/s under R&surplus
Sri Yoga Vishwa. P
CA Final
★ 2K+
2
394
BRS
Accountancy
answered on 19-Sep-22 14:53
Please solve 7th point
latest answer
My pleasure. You can mark best answer if you feel so.
Harshita Tripathi
CA Inter
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3
815
Profit or loss pre and post INC
Accountancy
answered on 19-Sep-22 00:05
How is this 10x?
latest answer
I am lucky enough to study under these faculties who carry lot of experience within them
Sugam SM
CA Final
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8
269
Valuation of Goodwill
Accountancy
answered on 19-Sep-22 10:03
I have shared the formula for Capita Employed which mentions that Goodwill should be minused from Total Assets. But why in example 15 the book has not minused Goodwill value while calculating Capital Employed ? Please reply clear my doubt anybody
latest answer
My pleasure.
Ardhendu Sekhar Acharya
CA Inter
★ 250
5
496
Valuation of Goodwill
Accountancy
answered on 18-Sep-22 19:36
What should be the No. of years of Purchase in this question no. 4 ? One or 4 = No. of years of purchase
latest answer
One question ask you no of your purchases
Ardhendu Sekhar Acharya
CA Inter
★ 250
5
346
Acc. From Incomplete records
Accountancy
answered on 18-Sep-22 18:11
Illustration 8 can I use creditors account for the balancing figure of bills payable
latest answer
Yes, you can use creditors account to get balance of bills payable but in the above question, we are finding credit purchases as the balance of bills payable is already given in the question
Aabith Sha
CA Inter
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1
302
Relationship of accounting with other disciplines
Accountancy
answered on 18-Sep-22 18:06
Sir for how many marks can this com....and im getting confuse that which questions i should read for theory from 1 chapter .
latest answer
Kkkk
Vikas Patwari
CA Foundation
★ 3K+
8
585
Consignment
Accountancy
answered on 18-Sep-22 16:40
Is the answer that i have solved is correct or not
latest answer
Yea the commission amount seems fine however in the WN you shouldn't have taken 25% of sales because thats not whats given. the question say 25 per unit sold so you should have taken 900x25, which luckily in this instance is the same as 25% of sales .
Samarth Kshatriya
CA Inter
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14
316
Accounts from incomplete records
Accountancy
answered on 19-Sep-22 18:41
Not able to understand 'c' and 'd' adjustments. Sir can you please tell the right answer for this question, not able to understand the question properly.
latest answer
Ok sir, thanks
siva chaitanya
CA Final
★ 13K+
3
307