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BRS
Accountancy
answered on 23-Jun-25 13:44
In the answer of this question the balance as per cash book is overdraft of bank column As seen in this answer which are to be less they are added and which are to be added are less This type of situation happens in pass book if balance given The reverse happens if we take base as cashbook Can I do reverse which are added I will less and vice versa irrespective of balance is favourable or unfavorable
latest answer
Thanks sir
Gurukanta Singh
CA Inter
★ 19K+
4
285
Bank Reconciliation Statement
Accountancy
answered on 19-Jun-25 20:21
While preparing a brs if both balance as per cash book and balance as per pass book are given if I take balance as per pass book as base If in answer key the base has been taken as balance as per cash book Is it fine if base are different If same situation happens in exam the icai will deduct marks or not And it has not been stated that base should be cash book or pass book
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Thanks sir
Gurukanta Singh
CA Inter
★ 19K+
2
241
Doubt
Accountancy
answered on 18-Jun-25 11:15
Can we make a direct brs as balance as per cash book and passbook are given in illustration 5 of x
latest answer
It may or may not. But you need to be prepared all type of questions.
Gurukanta Singh
CA Inter
★ 19K+
3
279
Bank Reconciliation Statement
Accountancy
answered on 16-Jun-25 10:41
When Balance as per cash book/pass book is given but it is not stated that it is a Debit or Credit balance Which balance we should take favourable or unfavorable balance
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Thanks sir
Gurukanta Singh
CA Inter
★ 19K+
5
400
Face Value
Accountancy
answered on 19-Jun-25 11:31
How you got Face value sir, Please explai, I didn't Understand [Video Time Stamp: 01:20]
latest answer
It is assumed that the face value of each share is Rs. 10. If specifies anything in the question regarding face value we will take it.
Gadigayya I K
CA Inter
★ 0
1
263
Consolidation
Accountancy
answered on 16-Jun-25 11:34
Normally, while calculating the Consolidated P&L balance, we include: Holding company's own P&L balance, and Holding company’s share of post-acquisition P&L of the subsidiary But in illustration 9, Holding company’s share of post-acquisition reserves of the subsidiary ------ is also included. why?
latest answer
Thank you so much sir
Girinath A
CA Inter
★ 765
2
295
Double column cash book
Accountancy
answered on 11-Jun-25 21:04
Can a double column cash book can have Cash and bank column or bank column does not exist in double column cash book
latest answer
Cash and bank
Gurukanta Singh
CA Inter
★ 19K+
1
222
Purchase book
Accountancy
answered on 10-Jun-25 11:50
While doing purchase book is it necessary to make freight charges,trade discount column
latest answer
Just basic questions from Study Mat are enough.
Gurukanta Singh
CA Inter
★ 19K+
3
283
BRS doubt
Accountancy
answered on 01-Jun-25 10:22
Why the overdraft balance as per pass book is not minus amount, other platforms answer take it as minus but not the icai module and answers are different. What to do?
latest answer
If final answer is matched you will get marks
Ashta Sharma
CA Foundation
★ 5
3
235
Illustration 7
Accountancy
answered on 23-May-25 13:15
Bottom Ltd. entered into a sale deed for its immovable property before the end of the year. But registration was done with registrar subsequent to Balance Sheet date. But before finalization, is it possible to recognise the sale and the gain at the Balance Sheet date? Give your view with reasons. Revenue is the inflow of cash from sale of goods/serves/interest/dividend/royalties. Isn't immovable Property fixed asset?
latest answer
Yes - its an item of PPE However to determine whether control is passed or not we use references to AS-9.
V V
CA Inter
★ 3K+
1
218