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Impairment of Assets

Accountancy

answered on 30-Apr-25 16:30

Can't understand this enhanced depreciation met, can anyone help me out with this? Illustration 3 of ICAI material

latest answer

That is periodic transfer from revaluation reserves as per AS-10

meghana karnakanti

meghana karnakanti

CA Inter

21K+

1

38

Joint venture

Accountancy

answered on 01-May-25 16:44

How to distinguish when it’s JCA and JCO ?

latest answer

refer to our notes

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

29

Amalgamation of companies

Accountancy

answered on 02-May-25 11:30

Rtp of may25 consists of a sum where the general reserve balance has been deducted and I have found no information related to such deduction in the question can someone help?

latest answer

Please look at the journal entries in which the assets, liabilities and reserves taken over under pooling of interest method

Silvers Rayleigh

Silvers Rayleigh

CA Inter

0

1

25

Amalgamation

Accountancy

asked on 29-Apr-25 16:53

Rtp of may25 amalgamation question,I'm unable to understand how the general reserve balance is 150

latest answer

No answers yet!!

Silvers Rayleigh

Silvers Rayleigh

CA Inter

0

0

30

doubt

Accountancy

answered on 14-May-25 12:16

what is meant by Interpretation. In simple terms

latest answer

to understand. interpretation of law - understanding the law

Manoj R

Manoj R

CA Foundation

1K+

1

38

Amalgamation

Accountancy

answered on 26-Apr-25 22:35

In certain sums Provision for doubtful debts is showing in balanced sheet under current liabilities head as short term provisions In some questions it is not considered as such, why?

latest answer

In final answer it should be shown as reduction from debtors

Shruthika Bala

Shruthika Bala

CA Inter

6K+

1

35

Partnership

Accountancy

answered on 26-Apr-25 20:33

Partnership not in ca inter ??

latest answer

No

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

45

AS 19 Leases

Accountancy

answered on 26-Apr-25 07:16

What is the difference between “Lease term” and “useful life”? Isn’t it both the terms referring to the same period?

latest answer

Both are not same. Check the building example i gave you. Useful life is for asset not only for lessee

Girinath A

Girinath A

CA Inter

765

3

39

As27

Accountancy

answered on 14-May-25 12:17

I solved many question but can’t distinguish how to understand reading the question which is JCO JCA JCE ?

latest answer

https://youtu.be/eW0lcEAuFpg

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

3

45

Inventory valuation

Accountancy

answered on 21-Apr-25 16:12

in adjustment (i) why aren't we deducting cost of electric fittings from closing inventory? in adjustment (ii) it says there has been no entry in the books for goods taken as free samples. then why are we not deducting goods taken as free samples from inventory? Isn't the entry Advertisement debit to purchases a/c?

latest answer

okay, thank you

Asmita Kar

Asmita Kar

CA Foundation

7K+

2

54


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