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AS-4

Accountancy

answered on 31-May-22 11:07

in AS-4 chapter, If the Question is neutral and does not gives the significance of loss which affects the going concern. can we assume on our own and write a note of our assumption at the end of our answer?

latest answer

YES

Vijay adithya

Vijay adithya

CA Inter

5K+

4

357

Applicability & Non Applicability of Accounting Standards

Accountancy

answered on 30-May-22 16:36

What sort of questions can we expect from Applicability & Non Applicability part?

latest answer

Recently asked questions from that chapter is concepts related to SMC and non SMC and it's levels

Swetha S

Swetha S

CA Inter

15K+

4

464

Buy back

Accountancy

answered on 29-May-22 15:41

In share outstanding test, what if the question has both equity as well as preference share capital? Then how should we approach the sum?

latest answer

Only equity

vs navin

vs navin

CA Final

1K+

5

345

Partnership accounts

Accountancy

answered on 29-May-22 20:41

Kindly explain (2) of question 1. Thank you.

latest answer

No bro, old partner bring only 6000. Half of 6000 is 3000. So 3000 is withdrawn by old partner See entry 3..in answer

Aswin Chandar

Aswin Chandar

CA Final

40K+

6

369

Rectification of errors

Accountancy

answered on 29-May-22 12:31

Can someone tell the rectifying entries to each of the questions below with reason?

latest answer

Thank you sis

Pranaya Ramaprasad

Pranaya Ramaprasad

CA Foundation

0

8

340

Advanced accounts

Accountancy

answered on 29-May-22 09:56

Can anyone please share advanced accounts past analysis pic ....I'm not able to open in my mobile..so pls share it

latest answer

Yeah That's the same one

Priyanka R

Priyanka R

CA Inter

20K+

4

425

Adjusted cash book

Accountancy

answered on 28-May-22 13:46

Sir for adjusted cash book icai told in their suggested answer that it's not at all necessary to prepare adjusted cash book it is only for understanding of students soo what should we do ?

latest answer

Prepare only if asked.

Nai Jay

Nai Jay

CA Inter

7K+

9

473

Closing entry

Accountancy

answered on 28-May-22 13:38

One silly doubt : closing entries of ledger accounts r passed after or before prep of trial balance??

latest answer

Closing entries are passed before trial balance. Then only we can have the balances of each account to prepare trail balance.

Reetikaa R

Reetikaa R

CA Final

7K+

7

368

Revision

Accountancy

answered on 28-May-22 10:42

Sir please take a class for revision of ca foundation account theory Every likes to join Everybody please request sir !!

latest answer

what do you mean by benefits?

Nai Jay

Nai Jay

CA Inter

7K+

13

379

Amalgamation May 22

Accountancy

answered on 28-May-22 17:13

"Contingent liability of selling company treated as actual liability" For that I have assumed that selling companies' contingent liability was paid by buying company.. Is it a valid assumption..? Because we had to prepare balance sheet and I didn't know where we will classify "liability"..

latest answer

Oh ok sir

Nikhil Vasanth

Nikhil Vasanth

CA Final

4K+

4

345