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AS 20
Accountancy
answered on 23-Jul-22 04:49
In this question, Can anyone say how is 2/12 and 10/12 is used? (5,00,000*1.05*2/12) + (6,00,000*10/12)
latest answer
Okayâ?¦. Thank you
Swetha S
CA Inter
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6
336
Dissolution of firm
Accountancy
answered on 27-Jul-22 21:28
Please tell this question9
latest answer
Pls specify ur doubt ..
Gargi Gandhi
CA Foundation
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2
280
MCQ
Accountancy
answered on 22-Jul-22 11:37
Explain these , here improvement of electricity wire is also an expense only and also extension of building we have to consider it as expenses or revenue
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THANKS
Vignesh Psv
CA Foundation
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3
658
MCQ question
Accountancy
answered on 23-Jul-22 08:33
Explain these how ?
latest answer
In case of assets, it is recorded on their historical cost. But when the market value or NRV goes below the cost value, you have to check if it's a case of permanent reduction of value. If yes then record it at NRV. But in your case the cost is still less than NRV so cost concept is violated not accrual.
Vignesh Psv
CA Foundation
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4
352
Ca foundation accountancy
Accountancy
answered on 22-Jul-22 06:51
Journal entry for Inventory of stationery
latest answer
Journal entry would be. Stationary A/c Dr - because it is my expenses, and it must be debited. To Cash/Bank A/c -cash/bank is my asset is decreased it has to be credited..... I hope am i clear to you.
Priyamvatha Parthasarathy
CA Foundation
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5
356
Nature of account....personal, real or nominal
Accountancy
answered on 21-Jul-22 08:13
What is the nature of account of 1. Bank fixed deposit 2.bad debts
latest answer
1) Real Account 2) Nominal account
Priyamvatha Parthasarathy
CA Foundation
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9
387
Journal entries
Accountancy
answered on 21-Jul-22 12:46
Journalise and mention the nature of accounts
latest answer
Itz helpful ...thanks
Priyamvatha Parthasarathy
CA Foundation
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6
440
Accounts from incomplete records
Accountancy
answered on 21-Jul-22 21:29
In the table of nominal accounts, what does 'amount bank payment', 'paid of accrued' and ' total private fund' mean? How does total private fund is the sum of 2,3,&4? Please clarify the terms?
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Thankyou
Rinuja TK
CA Inter
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3
401
Cash book
Accountancy
answered on 23-Jul-22 06:45
How 3600 came
latest answer
It's a question
Sai G
CA Inter
★ 6K+
7
393
Loss of Profit Topic
Accountancy
answered on 22-Jul-22 12:59
Sir, Generally when we are given an Upward Trend in Sales, we will apply it in Standard Turnover and make it Adjusted Standard Turnover,Also we will apply the trend in Annual Turnover and make it Adjusted Annual Turnover, But we don't apply it in Previous Years Turnover (Used to find GP Ratio in Loss of Profit Policy), But in Illustration 9 (Buildwell Ltd), The Trend is also taken in Previous yar Turnover, Why is that? Please Clarify.
latest answer
It says agreed adjustments.
Asim Saif
CA Inter
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