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Illustration 6 of dissolution of partnership firm
Accountancy
answered on 27-Aug-22 21:24
On what basis purchase consideration is divided between cash and equity shares....how equity shares is 76,833
latest answer
Thank you !!!
Sri Yoga Vishwa. P
CA Final
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2
464
Company
Accountancy
answered on 26-Aug-22 12:16
What is Share Capital??
latest answer
Share of fixed amount of money contributed by various persons for the capital of the company
Prathmesh kharul
CA Foundation
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6
332
Primary market
Accountancy
answered on 26-Aug-22 10:13
Is Primary market like a stock market?
latest answer
In the primary market, companies sell new stocks and bonds to the public for the first time, such as with an initial public offering (IPO). The secondary market is basically the stock market and refers to the New York Stock Exchange, the Nasdaq, and other exchanges worldwide.
Amit Pandit
CA Final
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3
334
Too confusing
Accountancy
answered on 25-Aug-22 21:18
Raw material should be valued at cost but what is mean by replacement cost
latest answer
Thats all it is . Btw u will get from free resources
MPR Sanjay Kumar
CA Inter
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7
346
Please tell me correct or not this is
Accountancy
answered on 25-Aug-22 22:00
As per Accounting standard valuation of inventories Raw materials-(at cost should be value, if the finished goods are above the sold ) Finished good below sold means replacement cost For working progress and finished goods should be valued at lower of cost and net realiseble value This is correct or not please tell me
latest answer
But little bit clarity, If FG sold less than cost- that's when -raw materials should be valued at replacement cost.i.e. till the time selling price=cost,it's ok. Otherwise-replacement cost
MPR Sanjay Kumar
CA Inter
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5
382
AS 19
Accountancy
answered on 31-Aug-22 12:48
In AS 19 For accounting of Finance lease, lessor and lease has diff ways of recognising lease rentals.Lessor do recognise asset on net investment value And lesse recognise it on lower of pv of mlp or fv of asset. Then it may rise to issue in difference of finance charge/income. And if it is so then what is the treatment of difference in finance charge and finance income. Is the unearned finance income tells about this difference?
latest answer
The lessors income may be different from lessee's expense.
Vaishnavi Jha
CA Final
★ 575
1
306
Doubt
Accountancy
answered on 25-Aug-22 01:06
Sir in provisions, contingent liabilities and current liabilities u didn't discuss much about current liabilities part and in unit 3 at the some tabular formats u have used that very confusing. Beginning examples I got .. so can I ignore tabular formats explainations? Is that very important to understand ..
latest answer
Unit 3 is about glossary and u need not worry about it more. U will come across those as u study chapters
Anil Raj
CA Foundation
★ 580
2
284
Amalgamation of partnership firms
Accountancy
answered on 25-Aug-22 11:24
Practical 3 in pg no 2.109 of module 1( adv accts) is difficult to understand (in ISM).. and not getting clarity.. Kindly help...
latest answer
Which part do you have a difficulty in understanding?
Naveen Kumar S
CA Inter
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1
328
Depreciation
Accountancy
answered on 25-Aug-22 05:20
What is carrying amount in depreciation chapter??
latest answer
The carrying amount is the original cost of an asset as reflected in a companyâ??s books or Balance sheet , minus the accumulated depreciation of the asset. It is also called book value and is not necessarily the same as an assetâ??s fair value or market value.
Prathmesh kharul
CA Foundation
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2
302
DEPRECIATION
Accountancy
answered on 24-Aug-22 22:28
Is Depreciation a non cash expenditure
latest answer
Yes
Prathmesh kharul
CA Foundation
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1
270