In exm point of view

answered on 06-Aug-22 23:20

When brs question is given...should we solve as per balance presentation or plus and minus presentation... Or anything is fine

latest answer

Any one method is enough

Priyamvatha Parthasarathy

CA Foundation

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4

249

Departmental accounting

answered on 11-Aug-22 10:47

Can anyone help me out in solving this sum? I can see that they have changed the approach to solve this sum from may 21 to may 22.

latest answer

You can follow the approach taught in class as well. Overall impact is same. We will also be releasing a video on the new approach.

vs navin

CA Final

★ 1K+

4

249

AS for Non profit organizations

answered on 06-Aug-22 15:45

Does AS and Ind AS are applicable to the Non-Profit organizations irrespective of their Turnover ?

latest answer

Okay Sir

Avasarala Vivek Aditya

CA Inter

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7

281

Bill of exchange (renewal)

answered on 06-Aug-22 16:10

In this question, is it mandatory to write those 2 entries i.e 1 entry for interest due and another entry for receipt, Or is it enough if I write this entry:- Bank a/c. Dr 51500 To interest a/c 1500 To Rita a/c. 50000

latest answer

Single is also fine.

Monisha KM

CA Inter

★ 825

4

245

#6 Question for the day (Inter: Advanced Accounting)

answered on 06-Aug-22 21:15

Solve on paper and share photo by 8pm. #LetsPractice Net Profit for financial year 2018-2019 - Rs. 30,00,000 Net Profit for financial year 2019-2020 - Rs. 50,00,000 No. of shares outstanding prior to rights issue - 20,00,000 shares Rights Issue Price - Rs. 20 Last day to exercise rights - 1st June, 2019 Right issue is one new share for each five equity share outstanding (i.e. 4,00,000 new shares). Fair value of one equity share immediately prior to exercise of rights on 1st June, 2019 was Rs. 26.00. Compute Basic Earnings Per Share for financial year 2018-19, 2019-2020 and restated EPS for 2018-19.

latest answer

Tq sir

Sahibdeep Singh

CA Inter

★ 14K+

8

504

As-16

answered on 06-Aug-22 15:11

What is acid test?

latest answer

Litmus test is also used at times (if you remember science - acid + base = salt + water :D)

Sugam SM

CA Foundation

★ 9K+

7

296

Insurance claim

answered on 05-Aug-22 21:13

Share me the calculation of insured standing charges and uninsured standing charges of Q24

latest answer

Thank you ..

Rick Y

CA Final

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3

378

Ca foundation preparation

answered on 04-Aug-22 22:20

I am starting my preparation from today....pls suggest me ...in which order can I prepare accountancy. Which ch first and next etc ..(self study )

latest answer

Thanks

Priyamvatha Parthasarathy

CA Foundation

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5

264

Buy back

answered on 04-Aug-22 13:01

While doing buyback of share, for what reason equivalent amount face value of buy back shares, transferred to capital reserve????

latest answer

Buyback of shares reduce Share capital.Many investors will hesitate to buy new shares since very low capital is available.To ensure them of their credibility, equivalent reserve is created

Priya Dharshini

CA Final

★ 170

3

269

Inventory

answered on 04-Aug-22 00:57

Please provide me these questions answer along with working note specially cost on sales

latest answer

No mention

Samarth Kshatriya

CA Inter

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3

305