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Basic Accounting Process
Accountancy
answered on 24-Jul-22 15:12
In the traditional approach a debtor becomes receiver or giver? Please explain.
latest answer
Yes correct
Jensy Devadhas
CA Foundation
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Ioan to subsidiary
Accountancy
answered on 26-Jul-22 10:25
Is loan given to subsidiary an investing activity ?
latest answer
Loan can be given to subsidiary company. It would be investment activities for holding company.
MATURU HAMSA GAYATRI
CA Final
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455
AS 20
Accountancy
answered on 23-Jul-22 04:49
In this question, Can anyone say how is 2/12 and 10/12 is used? (5,00,000*1.05*2/12) + (6,00,000*10/12)
latest answer
Okayâ?¦. Thank you
Swetha S
CA Inter
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506
Dissolution of firm
Accountancy
answered on 27-Jul-22 21:28
Please tell this question9
latest answer
Pls specify ur doubt ..
Gargi Gandhi
CA Foundation
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2
405
MCQ
Accountancy
answered on 22-Jul-22 11:37
Explain these , here improvement of electricity wire is also an expense only and also extension of building we have to consider it as expenses or revenue
latest answer
THANKS
Vignesh Psv
CA Foundation
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MCQ question
Accountancy
answered on 23-Jul-22 08:33
Explain these how ?
latest answer
In case of assets, it is recorded on their historical cost. But when the market value or NRV goes below the cost value, you have to check if it's a case of permanent reduction of value. If yes then record it at NRV. But in your case the cost is still less than NRV so cost concept is violated not accrual.
Vignesh Psv
CA Foundation
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466
Ca foundation accountancy
Accountancy
answered on 22-Jul-22 06:51
Journal entry for Inventory of stationery
latest answer
Journal entry would be. Stationary A/c Dr - because it is my expenses, and it must be debited. To Cash/Bank A/c -cash/bank is my asset is decreased it has to be credited..... I hope am i clear to you.
Priyamvatha Parthasarathy
CA Foundation
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547
Nature of account....personal, real or nominal
Accountancy
answered on 21-Jul-22 08:13
What is the nature of account of 1. Bank fixed deposit 2.bad debts
latest answer
1) Real Account 2) Nominal account
Priyamvatha Parthasarathy
CA Foundation
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603
Journal entries
Accountancy
answered on 21-Jul-22 12:46
Journalise and mention the nature of accounts
latest answer
Itz helpful ...thanks
Priyamvatha Parthasarathy
CA Foundation
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608
Accounts from incomplete records
Accountancy
answered on 21-Jul-22 21:29
In the table of nominal accounts, what does 'amount bank payment', 'paid of accrued' and ' total private fund' mean? How does total private fund is the sum of 2,3,&4? Please clarify the terms?
latest answer
Thankyou
Rinuja TK
CA Inter
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