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BANKING COMPANY

Accountancy

answered on 02-Sep-22 16:01

CRR rate?? 4.5% OR 4% FOR NOVEMBER 22 ATTEMPT

latest answer

Okay thank you sir

Rick Y

Rick Y

CA Final

2K+

5

435

Depreciation

Accountancy

answered on 02-Sep-22 15:44

In depreciation , Is it enough to study the SLM & WDV method ?

latest answer

Yeah u can . But i need to know abt other methods too

Shanmugam S

Shanmugam S

CMA Inter

0

4

321

Journal Entry

Accountancy

answered on 02-Sep-22 15:49

Purchase of Car The journal entry should be Purchase a/c. Dr To Cash a/c Or Motor Car a/c Dr To Cash a/c

latest answer

See he can purchase the car on two reasons 1. He is into business of sale of cars 2. He uses such car for business purpose (ex:he travels by car to the client places) So if his business is sale of cars then it will be inventory for him so the entry will be as follows PURCHASES. A/C. Dr To Cash/Bank If he uses such car for business purpose then it becomes capital expenditure So entry will be as follows Car A/ C. Dr To cash/ bank

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

6

978

Inventory

Accountancy

answered on 02-Sep-22 21:09

oil used in machines is it inventory or not??

latest answer

Yes inventory

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

4

305

Inventory

Accountancy

answered on 01-Sep-22 22:25

For a car manufacturers WHEELS AND ENGINE is a RAW MATERIAL OR WORK IN PROGRESS???

latest answer

You can call it raw material.Work in progress is if a car is completed only half way,then it will be called as work in progress

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

6

340

Doubt

Accountancy

answered on 02-Sep-22 21:11

What is capital appreciation??

latest answer

Increase in the value of stocks, land such that such investor does not have involvement in such increase

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

6

289

Insurance claims

Accountancy

answered on 01-Sep-22 18:55

Kindly solve this sum no 2 please

latest answer

You got it right.

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

5

394

Changes in study material

Accountancy

answered on 01-Sep-22 17:01

What are the changes in 2021 study material over 2020 material in advanced accounting for ch 4,5,6,7?

latest answer

You can refer the latest study material available

Pushkala S

Pushkala S

CA Final

3K+

3

381

What is interest accrued and not due?

Accountancy

answered on 02-Sep-22 16:17

Here I am confused in this adjustment

latest answer

142500 is loan payable - long term Interest payable - short term - shown separately 

Sugam SM

Sugam SM

CA Final

9K+

6

577

Liquidation of companies

Accountancy

answered on 02-Sep-22 15:53

How do we know sd we give interest on debentures and preference dividend..

latest answer

In case of debentures in question it will be clearly mentioned that some 8% debentures are brought. So this 8% is interest rate. And they will clearly mention that interest is paid annually or semi annually

Shru Kanda

Shru Kanda

CA Inter

610

2

315