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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

579

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

460

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

523

Admission Of Partner

Accountancy

answered on 04-Jul-22 19:38

How this 25000 came

latest answer

Bro, It is misprint in old SM.

036 137

036 137

CA Inter

4K+

3

473

Doubt

Accountancy

answered on 02-Jul-22 17:48

Sir can u please suggest from which module I have to start preparation from module one or module 2 Sir I am having basic idea about journal entries and subsidiary books Can I start preparation from module 2 Give some guidance sir

latest answer

OK I will follow study planner and complete the syllabus as soon as possible

sai t

sai t

CA Foundation

2K+

6

460

Valuation of goodwill

Accountancy

answered on 02-Jul-22 10:08

How 36000 came sir

latest answer

Ok bro

036 137

036 137

CA Inter

4K+

6

431

Partnership Accounts

Accountancy

answered on 19-Jul-22 14:19

Sir how 20Lakh came ?

latest answer

I think it's printing mistake, This is correct one bank a/c Dr. 135000

036 137

036 137

CA Inter

4K+

7

467

Partnership

Accountancy

answered on 04-Jul-22 14:57

How to calculate new partner profit who is admitted in middle of the year(i.e 1/09/2021)?

latest answer

First calculate new partner profit in time proportionate basis after balance profit to be calculated in PSR for other partners. Is it correct or not?

R Monika

R Monika

CA Final

210

2

356

Applicability of course

Accountancy

answered on 01-Jul-22 08:32

New revised ca intermediate course is applicable for may 23 ????

latest answer

Mostly old syllabus applicable

Nai Jay

Nai Jay

CA Inter

7K+

5

446

Not for profit organisation

Accountancy

answered on 09-Jul-22 08:12

True or false with reason Receipt and payment account is a summary of all capital receipts and payments

latest answer

Ni

Samarth Kshatriya

Samarth Kshatriya

CA Inter

1K+

14

448