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Schedule||| Share capital
Accountancy
answered on 04-May-22 11:19
What does it mean by 'reconciliation of the number of shares outstanding at the beginning and at the end of the reporting period ' in preparation of balance sheet.
latest answer
Thank you
Rinuja TK
CA Inter
★ 10K+
3
312
Department accounts
Accountancy
answered on 03-May-22 22:52
Please explain the managers commission with working
latest answer
In this question they gave profits after deducting managerial commission but before adjustment of unrealised profits... Bcz that is NOT CORRECT, Reason: Manager commission will be calculate on Actual profits (.i.e which is earned during the year by it's own activities other than inter departmental profits) that's we will follow the below steps to find out Actual profits of the department... D1. D2. D3 1. profits( 100%-10%=90%) 90000. 60000. 45000 Then for making correction we need actual profits before commission then add back that commission portion.i.e.90%=90000, 90%=60000, 90%=45000. '''''â??'''''' 10%= ? 10%= ? 10%= ? 2.Add: Commi:.10000. 6667. 5000 3.After this adding back commission you will get profits before commission
Aravindh Kumar
CA Inter
★ 4K+
3
301
Investment Accounts
Accountancy
answered on 03-May-22 21:20
For Scrip : Equity shares closing balance of 6000 shares the Cost arrived as a Balancing figure , but if tried to arrive cost under Average cost method the difference arises ? Someone pls explain the reason behind
latest answer
Thanks for the answer bro Clear now
Sundar Rajan
CA Inter
★ 85
13
331
Company accounts
Accountancy
answered on 04-May-22 22:51
Journal entries for company accounts. Eg- Bank ac To sh application Sh application To sh capital Here to understand these entries logically ( traditional method). Is share application and share capital nominal accounts?
latest answer
Share Application or share allotment or Share capital A/c all are personal accounts as they represent money from the shareholders and when money is due, these are to be debited because of the rule "Debit the receiver".
Chris Topher
CA Foundation
★ 5
1
236
AS 1
Accountancy
answered on 03-May-22 13:48
Anyone please explain this illustration
latest answer
Here the company has not provided interest from due date of payment till actual date of payment. This is in violation of accrual concept.
Ravikumar Pandi
CA Inter
★ 2K+
1
403
Advanced accounts - amalgamtion
Accountancy
answered on 03-May-22 13:46
When Debenture holders are given equity share is it considered in purchase consideration? If no... How should they be treated in realization account and equity in purchasing company account...
latest answer
No
Sahana S
CA Inter
★ 0
9
330
Average due date
Accountancy
answered on 02-May-22 09:22
So sir said to include the starting day as well as end day in order to calculate due days from base date but study mat had done as 292 days but sir did as 293 days?
latest answer
Sorry got it sir gave note after that...
Sugam SM
CA Final
★ 9K+
1
319
Doubt
Accountancy
answered on 03-May-22 21:26
In this question why two rates are given.. is it given wrongly..?
latest answer
Can I get full question?
Sri kanaga Varshini
CA Final
★ 3K+
5
326
Exemption
Accountancy
answered on 02-May-22 10:04
If not having time to do RTP,mtp, questions papers is it possible to score exemption through study material only
latest answer
It's ok my dear friend
Vishal Pangam
CA Inter
★ 180
7
333
Tally short cut key
Accountancy
answered on 02-May-22 11:01
Could you please tell me what is the shortcut key for reports of Tally P& l statement and the balance sheet in financial statement view
latest answer
Type the letter highlighted on gateway.
MPR Sanjay Kumar
CA Inter
★ 520
1
333