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Consignment
Accountancy
answered on 05-May-22 21:39
In consignment, during the calculation of closing stock, what should be deducted first, normal loss or abnormal loss?
latest answer
Solution
Pranaya Ramaprasad
CA Foundation
★ 0
8
371
Payment of liq exp in Amalgamation meger mtd
Accountancy
answered on 05-May-22 18:29
Do we use capital reserve to write off the liq exp in merger method , or is it just restricted to general rsv and p&l ac
latest answer
Thank you sir
S S
CA Final
★ 2K+
2
260
Company accounts
Accountancy
answered on 07-May-22 10:31
Calculation of capital reserve?
latest answer
Amount to be transferred to capital reserve = 500 x 70 = 35,000 In share forfeiture account - balance c/d 49,000 You can prepare in tabular format as well or on per share basis as well. This working will max carry 1 mark
Sugam SM
CA Final
★ 9K+
30
482
NPO
Accountancy
answered on 05-May-22 11:10
Please tell the treatment of land donated (Q 2) Also whether it's a specific donation or not?
latest answer
Okk thank you
Navjot Singh
CA Foundation
★ 5K+
4
337
PROFIT OR LOSS PRE POST
Accountancy
answered on 04-May-22 17:55
In this case study their mention the basis of allocations ratio wise for example total amount 5,40,000 basis of allocations 2:7 how the one lakh 20000 and 1040000 will came??? Plse explain me
latest answer
Sure friend ð???
MPR Sanjay Kumar
CA Inter
★ 530
12
344
Company accounts
Accountancy
answered on 04-May-22 19:56
Regarding Illustration 7 Sir had thought in such a way that he split down all the entries but in study mat they had combined. Can we split and write based on each scenario or should we need to combine compulsory?
latest answer
Combined entry is not mandatory
Sugam SM
CA Final
★ 9K+
3
327
Capital Adequacy Ratio
Accountancy
answered on 04-May-22 16:12
In capital funds Tire - ll They deducted 55 % why it is ?
latest answer
Ok thank you
Kumar G
CA Final
★ 12K+
2
293
NPO
Accountancy
answered on 04-May-22 20:15
What if amount of deficit is more than capital fund in npo? What would the treatment for the same?
latest answer
Capital fund
Navjot Singh
CA Foundation
★ 5K+
4
312
Consolidated Profit and Loss Account
Accountancy
answered on 04-May-22 12:28
Can you please explain the meaning and relevance of the sentence inside the bracket ,sir? No adjustments are there related to that in the solution.
latest answer
Holding company income - yes But not from expense of subsidiary. As dividend paid is not expense
Ali S
CA Final
★ 8K+
3
301
BRS
Accountancy
answered on 04-May-22 11:12
So here in the question the 3rd adjustment whether it is reconciling part or rectification part. Please say me to identify easily the rectification part to be carried in adj.
latest answer
First a BRS is prepared to identify the reason for difference. Then entries which should have been passed are passed in books. Again a final BRS is prepared. For exams, if adjusted cashbook is not asked you can just prepare BRS.
Sugam SM
CA Final
★ 9K+
7
478