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DEPARTMWNTAL ACCOUNTS
Accountancy
answered on 09-Sep-22 15:02
can anyone expain me this question fully.
latest answer
Ok, thanks.
theee k
CA Final
★ 435
2
427
Liquidation of companies
Accountancy
answered on 13-Sep-22 16:08
In liquidation, contingent liabilities are to be treated as unsecured creditors ? If yes why?
latest answer
If a contingent liability is being crystalised, apply the rules of what you would do with normal creditors.
Surya Ravi
CA Final
★ 4K+
11
488
Liquidation of companies
Accountancy
answered on 09-Sep-22 09:12
In liquidators final statement of accounts; how to distribute the balance amount available to equity shareholders.
latest answer
Bro, first distribute the available amount for legal expenses, liquidators remuneration, liquidation expenses, secured creditors debenture holders secured by floating charge, preferential creditors, unsecured creditors and preference shareholders and finnally you can distribute to equity shareholders, but if there is any deficiency then, you can see if there is any unpaid shares and those can be called up and then the surplus amount which will be available after call can be distributed to equity shareholders.
Surya Ravi
CA Final
★ 4K+
1
386
Partnership
Accountancy
answered on 09-Sep-22 07:07
Why in the 1st sub question they have taken for A & B as 3:2 but in the 2nd sub question they have considered 3:2:1?
latest answer
Hope this will help you
sradha krishna sunil
CA Final
★ 5K+
2
591
Preparation of FS for banks
Accountancy
answered on 09-Sep-22 09:18
Should i need to follow format as it is for schedule break up also...?
latest answer
Yes bro, you should learn the format
Balaji R
CA Final
★ 20K+
1
380
Bank Reconciliation Statement
Accountancy
answered on 08-Sep-22 20:12
My answer is coming out more than Rs 6000. But the answer given in book is Rs 5,605. Please help.
latest answer
Yaah hope u got it thank u
Ardhendu Sekhar Acharya
CMA Inter
★ 250
10
492
Bank Reconciliation Is
Accountancy
answered on 08-Sep-22 21:00
Can anybody please tell me bit (iii) and (vi) will ADD or LESS/MINUS from Cash Book point of view ?
latest answer
Thank you Didi
Ardhendu Sekhar Acharya
CMA Inter
★ 250
10
486
Bank of Statement
Accountancy
answered on 08-Sep-22 14:42
Can anybody help me please with this question ? The answer given in book is Rs 1776.78. My answer is coming out Rs 1937.34.
latest answer
Thank you
Ardhendu Sekhar Acharya
CMA Inter
★ 250
5
559
As4 Cheques in hand
Accountancy
answered on 09-Sep-22 09:07
Its not adjusting event so the Co wont record as Bank to debtors. But is the Co right in debiting as Cheque in hand
latest answer
Though received later, The co has practice of recording 31st March dated Cheques as Cheques in hand. So we have to mention as the Cos approach is wrong. Has to be adjusted to the period when it actually receives the cheque.
Sindhu Machado
CA Final
★ 0
2
424
Bank Reconciliation Statement
Accountancy
answered on 08-Sep-22 12:46
Can anybody help please? My answer is Rs 1394. The answer given in book is Rs 5000.
latest answer
Thank you
Ardhendu Sekhar Acharya
CMA Inter
★ 250
2
448