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Liquidation of companies

Accountancy

answered on 07-Jul-22 18:42

Can anyone please tell me is this correct method or not?

latest answer

Both methods are fine.

Priyanka R

Priyanka R

CA Final

20K+

22

478

Depreciation

Accountancy

answered on 07-Jul-22 17:00

What is the answer for 17 question

latest answer

Answer

Subramanyam N

Subramanyam N

CA Inter

6K+

3

431

Depreciation

Accountancy

answered on 21-Jul-22 20:26

How the answer is (a) I think the answer is (d)

latest answer

D

Subramanyam N

Subramanyam N

CA Inter

6K+

5

417

Depreciation

Accountancy

answered on 05-Jul-22 15:16

How the answer is 12,000

latest answer

Depreciation = Original cost - salvage value/total production x 2nd year production = 1,26,000 - 6,000/50000 x 5,000 = RS12,000

Subramanyam N

Subramanyam N

CA Inter

6K+

3

528

Depreciation

Accountancy

answered on 05-Jul-22 14:26

Why the answer is false for (c)(ii)

latest answer

The cost of repairs will increase gradually after the asset becomes old and the working life cannot be estimated reasonably ,their would be increase in repairs for such assets in later years.so written down value method is applied for depreciation and repairs together for a uniform charge .

Subramanyam N

Subramanyam N

CA Inter

6K+

2

497

Depreciation

Accountancy

answered on 05-Jul-22 17:20

How the answer is 20% the answer will be 19.6% percentage because 19600/100000*100= 19.6%

latest answer

Wrong.

Subramanyam N

Subramanyam N

CA Inter

6K+

10

459

Depreciation

Accountancy

answered on 05-Jul-22 13:10

In case of diminishing balance method whether the depreciation is calculated by applying percentage(rate of depreciation) after reducing the scrap value or before reducing the scrap value if the percentage(rate of depreciation) is given

latest answer

Always on cost

Subramanyam N

Subramanyam N

CA Inter

6K+

1

379

Doubt regarding AS5

Accountancy

answered on 06-Jul-22 14:57

What is the precise difference between Exceptional and Extraordinary items? I am finding it difficult to practically assess the difference between the two. For instance, Profit on sale of subsidiaries should be Extraordinary or Exceptional?

latest answer

Extraordinary - Not in the ordinary course of business. Exceptional - In ordinary course of business - but require separate disclosure due to nature and size.

Siddharth Kulkarni

Siddharth Kulkarni

CA Final

28K+

13

556

Bank Reconciliation Statements

Accountancy

answered on 04-Jul-22 20:59

How the answer will be c

latest answer

he mentioned that Balance sheet is as on 31.03.09 .So bank overdraft 7074. Cash book credit means bank overdraft. Cash book debit will be on assets side of balance sheet

Subramanyam N

Subramanyam N

CA Inter

6K+

1

450

Answer

Accountancy

answered on 09-Jul-22 19:55

Account ke solutions kaha milenge Notes ke ???

latest answer

You will get those in course videos.

prime time

prime time

CA Inter

2K+

5

515