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NPO

Accountancy

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.

latest answer

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

Harshita Tripathi

Harshita Tripathi

CA Inter

2K+

3

308

NPO

Accountancy

answered on 15-Sep-22 17:18

NPO question ca foundation

latest answer

You need to prepare abstract of balance sheet.

Astha pandya

Astha pandya

CA Foundation

9K+

4

356

Consignment

Accountancy

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

Samarth Kshatriya

CA Inter

1K+

5

460

Doubt

Accountancy

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

Ritika Chaudhary

CA Foundation

170

6

334

Rectification of Errors

Accountancy

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

latest answer

My answer

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

10

408

Accounting standard

Accountancy

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

Ritika Chaudhary

CA Foundation

170

2

300

Bank Reconciliation Statement

Accountancy

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

Ardhendu Sekhar Acharya

CA Inter

250

5

509

Liquidation illu 4

Accountancy

answered on 14-Sep-22 13:08

How does loss of 59000 came

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Okk ð???

Gauri Shete

Gauri Shete

CA Final

4K+

4

284

Bank Reconciliation Statement

Accountancy

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

Ardhendu Sekhar Acharya

CA Inter

250

4

392

Bank Reconciliation Statement

Accountancy

answered on 14-Sep-22 10:43

Can anybody answer whether 13. bit (c) bit (v) My banker have given me wrong credit of Rs 150. This will be ADD or LESS from Cash book.

latest answer

Ok

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CA Inter

250

2

441