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answered on 09-Aug-22 21:27

The debit balance of 15260 as on previous day was brought forward as credit balance ....starting point balance as per cash book

latest answer

+30,520 Bank column of cash book

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

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Brs

Accountancy

answered on 16-Aug-22 10:32

Bill discounted dishonored not recorded in cash book......bak balance as per page book Plus side or minus side...explain?

latest answer

If a discounted bill is dishonoured, you will need to debit the Debtor and Credit Bank in books.

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

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Partnership accounts

Accountancy

answered on 09-Aug-22 14:54

Can anyone explain illustration no:4 entry of EPF, Joint life policy and why D deficiency only shared by A and B not by C

latest answer

Thank you ð???

Riya hari

Riya hari

CA Inter

420

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654

Brs

Accountancy

answered on 08-Aug-22 20:59

Pls solve this in plus and minus presentation

latest answer

Here is the answer!

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

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476

As 10 property plant and equipment standard

Accountancy

answered on 09-Aug-22 08:29

Friends in accounting standards 10 property planted equipment standards too confusing in our ICAI module.... Could you please help me how to study

latest answer

You can also refer to Accounting notes with standards and summary notes for standards from free resources in our app

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

525

3

650

Insurance claim

Accountancy

answered on 08-Aug-22 20:12

Can any pls explain red marked one thank you

latest answer

Glad to know this

Bhuvan Bhaskar

Bhuvan Bhaskar

CMA Inter

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Accountancy

answered on 08-Aug-22 19:25

As per the solution given in module...this entry is taken in adjusted cash book.....Why.?

latest answer

Ohh thanks....I didn't notice

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

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486

Amalgamation of companies

Accountancy

answered on 08-Aug-22 12:38

1.For calculating purchase consideration under net assets method should we take cash or not.. 2. Also in realization account wen sd ee take cash or bank

latest answer

Ans for 1 one Under net asset method, the value of all assets are added and liabilities are deducted from the total of the assets to find out the purchase consideration. And thus in this calculation Fictitious Assets are not added because these are intangible assets.

Shru Kanda

Shru Kanda

CA Inter

610

1

768

Insurance claims

Accountancy

answered on 08-Aug-22 09:45

In this question why 20000 is reduced from opening stock of 2,20,000 as abnormal goods

latest answer

As the question said the stock of 20,000 are lower of cost and net value subsequently realized is not included in sales earlier, the reason could be they are abnormal stock therefore not realized , so the abnormal stock which is included in opening stock will be deducted .

Subramanyam N

Subramanyam N

CA Inter

6K+

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756

Brs

Accountancy

answered on 08-Aug-22 07:21

Interest allowed by bank.means .......pasz book at starting point...

latest answer

Ok

Priyamvatha Parthasarathy

Priyamvatha Parthasarathy

CA Foundation

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