Forums
Amalgamation of companies
Accountancy
answered on 18-Apr-22 16:31
How to compute cash paid? In 3 point
latest answer
Thank you
Miradevi S
CA Final
★ 16K+
2
311
NPO
Accountancy
answered on 18-Apr-22 17:41
Will they ask problems as such one which is in practical problems in study mat Where it was quite complex where I took 35 min to complete one problem. But the problem is very good for revision purpose. Can we prepare working note in finding out profit from operations as trading account itself? As in material they gave in statement form answer but it is same as trading account! Can we do like that sir?
latest answer
Looks good.
Sugam SM
CA Final
★ 9K+
5
489
Final accounts
Accountancy
answered on 18-Apr-22 07:47
If the suspence account is given in the trail balance, credit side, where it should go??
latest answer
Pls share full question
niriksha jain
CA Inter
★ 32K+
3
278
Insurance claim for loss of stock and loss of profit doubt
Accountancy
answered on 17-Apr-22 13:08
In paper 1 accounting the chapter of insurance claim for loss of stock and loss of profit Insurance claim for loss of stock formula 1. Amount of claim= insured value/total.cost.of stock on the date of fire Ã?loss of stock 2.claim subject to average clause= Any.of .policy/value of stock Ã?actual loss of stock 3.insurance claim = loss of stockÃ? insured value /total cost of stock Could you please anyone tell to me how to apply this formula for claiming the loss of stock I just confused????? Where I have to appropriate to apply
latest answer
Most welcome
MPR Sanjay Kumar
CA Inter
★ 530
5
456
CFS
Accountancy
answered on 17-Apr-22 15:03
How 1905000 came to post acq?
latest answer
Oh ok thank you!!
Miradevi S
CA Final
★ 16K+
2
322
Inventory
Accountancy
answered on 17-Apr-22 07:50
Explain me this point and as we received in current period but paid in last year will it be inventory of current year or previous year.
latest answer
In books inventory in transit for previous year. For physical stock - it would not be as stock not yet received as on 31st March
Sugam SM
CA Final
★ 9K+
1
364
Revenue
Accountancy
answered on 18-Apr-22 08:55
What is the difference between revenue recognized and revenue realized? Basically I want to know the meaning of recognize and realize in accounting language.
latest answer
Yes. You are correct. Accrued or recognised is earned but not received.
Ratnasri N
CA Foundation
★ 0
4
330
Amalgamation
Accountancy
answered on 17-Apr-22 14:28
For example A ltd absorbs b ltd In additional info : some revaluation amount given for assets liability of both compny Nd Question not mentions anything else So In b/s of A ltd Values of A ltd will shown at BV or FV ?
latest answer
Always welcome
Priyanka Agrawal
CA Inter
★ 3K+
3
324
Branch accounts
Accountancy
answered on 17-Apr-22 07:35
In the question attached, opening stock, transfer from H.O. and closing stock are at invoice price whereas it is mentioned at the top of the image that these items should be at cost. Pls clarify.
latest answer
Ok thanks!
Sibi Srinivasan
CA Final
★ 22K+
2
454
Doubt
Accountancy
answered on 18-Apr-22 08:44
When dividend is declared for 31/3/2019 will bonus shares issued on September of 2019 be entitled to dividend ??
latest answer
Please share your answer.
Sri kanaga Varshini
CA Final
★ 3K+
6
382