Small doubt.......

answered on 28-Mar-22 09:34

Can anyone say....pls....... Journal is recorded as per chronological order that means=date wise........ Ledger is recorded as per analytical order that means what.....?????????

latest answer

Thanks mam and all of you.....

Balachandar S

CA Inter

★ 59K+

7

347

Right shares renunciation

answered on 27-Mar-22 18:18

Can a person, in whose favour certain right shares are renounced by the existing shareholder, sell the right to someone?

latest answer

Ok

Sibi Srinivasan

CA Final

★ 22K+

5

290

Accounting concept principles

answered on 28-Mar-22 09:37

Accounting concept priciples

latest answer

Are you asking about accounting principlesâ?¦

Anjali Yadav

CA Foundation

★ 0

4

306

Liquidation of companies

answered on 02-Apr-22 07:18

Sir in this question i can't understand why they stated it as loss bcoz it is the remaining fund after paying all other parties then how it be treated as loss

latest answer

Loss in comparison to the face value.

sriram kannan

CFA L1

★ 0

1

326

Proposed dividend in amalgamation

answered on 30-Mar-22 09:42

Why proposed divided not include at the time of incorporation of assets and liabilities in the books of purchasing company?

latest answer

Proposed dividend by Board cannot be distributed, only when AGM approves, dividend is declared and assured of receiving

Venkatesh .

CA Inter

★ 4K+

1

278

CA Intermediate Accounts Chap: Profit/Loss Pre and Post Incorporation

answered on 25-Mar-22 19:00

Can someone help me with this? In CA Intermediate Group1 Accounts, Chapter 5: Profit/Loss Pre and Post Incorporation, in the illustration no.5, how do we compute Gross Profit?

latest answer

Gross Profit = Sales + Closing Inventory - Purchase including Inventory - Freight and Carriage

Evelin K.E

CA Inter

★ 0

10

317

Liquidation

answered on 02-Apr-22 07:17

Can anyone explain me the equity shareholders part in the payment side,bcoz the share value in the question is 100 per share but they calculated as 10 per share and 5 per share

latest answer

Notional call will not be made from 2900 shares so they will get back only 5. Others will get 10 Computation of loss attached.

sriram kannan

CFA L1

★ 0

10

372

As

answered on 25-Mar-22 09:18

Why entrance fees must be capitalise?

latest answer

Entrance fee is not a recurring income and is received only once from a member.

Sumita Shah

CA Inter

★ 2K+

1

265

Banking

answered on 25-Mar-22 08:20

Can anyone explain the explain calculation of interest/discount..in schedule 13

latest answer

It's my pleasure

Sajeetha R

CA Final

★ 46K+

3

318

NBFC

answered on 23-Mar-22 19:40

What the treatment of 220 lakh surplus arising out of sale of building

latest answer

Ok

Krishna kumar

CA Final

★ 9K+

5

383