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Consignment
Accountancy
answered on 15-Sep-22 10:33
In this question the amount of abnormal loss includes invoice price i.e we multiply by 100 and divide by 10 But abnormal loss is always consider on cost and not on invoice price So, in this example why we have taken abnormal loss at invoice price?
latest answer
My pleasure, you can mark best answer if you feel so. Thanks.
Samarth Kshatriya
CA Inter
★ 1K+
3
518
Amalgamation Of Companies
Accountancy
answered on 21-Sep-22 15:08
How did they got 300 as Amalgamation adjustment reserve
latest answer
Ok sir, Thank You
Harsh Mittal
CA Final
★ 1K+
7
1K+
Consignment
Accountancy
answered on 15-Sep-22 17:16
In accountancy why does packaging and selling expenses are excluded while calculating closing stock?
latest answer
You include those costs which are incurred to bring inventory to a saleable condition.
Samarth Kshatriya
CA Inter
★ 1K+
6
455
Branch accounting
Accountancy
answered on 14-Sep-22 22:45
Illustration-1a..explanation for cash from debtors rs.120000 i?
latest answer
Cash sales+collection from debtors=Remittances to HO. Collection from debtors=1,65,000-45,000=1,20,000.
Pooja Soni
CA Inter
★ 0
3
592
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.
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My pleasure, just mark best answer if you feel so. Thanks.
Harshita Tripathi
CA Inter
★ 2K+
3
451
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
CA Foundation
★ 9K+
4
548
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?
latest answer
Thanks for ur up, s answer
Samarth Kshatriya
CA Inter
★ 1K+
5
697
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
latest answer
True According to convertism principal don't record anticipated income and should anticipated losses
Ritika Chaudhary
CA Foundation
★ 170
6
533
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
CMA Inter
★ 250
10
672
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
latest answer
Thanku
Ritika Chaudhary
CA Foundation
★ 170
2
490