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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
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
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
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 So 3000 is withdrawn by old partner See entry 3..in answer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
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
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
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
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
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
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
CA Final
★ 4K+
4
345