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Rectification of errors
Accountancy
answered on 31-Jul-22 12:02
This question and solution is from icai module.....I need explanation that how drawings account is taken
latest answer
Purchase of motor cycle is for own use.So,debit drawings A/C.Credit miscellaneous a/c since it has been debited wrongly .Give the opposite effect
Priyamvatha Parthasarathy
CA Foundation
★ 5K+
10
378
Rectification of errors
Accountancy
answered on 30-Jul-22 20:13
Mention wrong ,correct,rectified entry for the 3rd sum
latest answer
Thanks a lott
Priyamvatha Parthasarathy
CA Foundation
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6
536
Esop
Accountancy
answered on 30-Jul-22 21:13
In question 3) the grant and exercise of option Is I 2 different years Grant for year ended 31.3.x1 and exercise 31.3 .2 Total of 15 months though in solution the employee cost written of in 1 year (12monts) why?
latest answer
Counted from grant date
Gauri Shete
CA Final
★ 4K+
5
335
Ca foundation
Accountancy
answered on 02-Aug-22 09:08
Need journal entries for the following
latest answer
During initial stages, you need to understand journal entries. Once you are good at Journal entries, you can start directly with ledger posting (even here there has to be a journal entry in your mind)
Priyamvatha Parthasarathy
CA Foundation
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22
523
Esop
Accountancy
answered on 30-Jul-22 18:45
What is fair Value of stock option (16 ,12 ) here
latest answer
Market value - exercise price = fair value / instrinsic value .. it means the value agreed by employer to compensate for their employees under ESOP
Gauri Shete
CA Final
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3
323
Inventory
Accountancy
answered on 30-Jul-22 21:28
What is difference between cost and nrv and why the lower one is considered always
latest answer
Okk
Samarth Kshatriya
CA Inter
★ 1K+
27
307
Departmental accounts, markup sum
Accountancy
answered on 29-Jul-22 23:35
In the whole sum old edition there was " Mark down " in many workings .....but in new no such thing ..... Should we follow the new one first Nov 22 ? .....I've attached the old book image
latest answer
On net basis
krishnan venkatesan
CA Final
★ 25K+
2
485
Applicability of Accounting Standards
Accountancy
answered on 29-Jul-22 23:00
This topic "Applicability of Accounting Standards" comes in both paper 1 and paper 5 of inter ......are they both same ? We read this 2 times ?? Please tell
latest answer
Thank you sir ....you are awesome
krishnan venkatesan
CA Final
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2
292
AS 11
Accountancy
answered on 02-Aug-22 09:49
How the journal entries are passed for this forward transaction?
latest answer
Ok, tq sir
Sajeetha R
CA Final
★ 46K+
6
375
Adv accounts (banking)
Accountancy
answered on 02-Aug-22 09:21
How they have segregated the amount: with bank,with other institution..like that illustration 4
latest answer
That information is not given in the question. You can just take the single amount and put in the answer.
Gauri Shete
CA Final
★ 4K+
2
338