powered by logo

Forums

Employee Stock Option Plan

Accountancy

answered on 30-Apr-22 10:35

Can someone pls explain the Illustration 6 of 'Accounting for Employee Stock Option' chapter.

latest answer

You need to take the most prudent approach. If in year 1 it is not met, we assume it would be done in year 2.

Rama Sesha Gopal

Rama Sesha Gopal

CA Final

11K+

3

468

Liquidation of Companies

Accountancy

answered on 28-Apr-22 10:33

Sir, it preparing "LIST H- Deficiency account" important??

latest answer

You can prepare as per the workings given in class.

AAYUSH GUPTA

AAYUSH GUPTA

CA Final

2K+

2

516

Amalgamation of companies

Accountancy

answered on 28-Apr-22 10:53

Book back questions number 5(sun and Neptune problem) , is book solution correct 1) purchase consideration includes debentures issued 2) before amalgamation itself debtors and creditors inter adjustment made ...... Kindly assist whether book solution is correct or not professionals.........

latest answer

Thanks sir .... I thought debentures were issued to debenture holdersð?¤? It was an misunderstanding on Interpretation of questions

poco m2 pro

poco m2 pro

CA Inter

3K+

3

596

Provision for Doubtful Debt

Accountancy

answered on 27-Apr-22 10:23

Which provision for doubtful debt is to be deducted from debtors in the balance sheet Only which is required or Both which are given in trial balance and required. for example:- Bad and doubtful debt is given in trial balance is â?¹1650 and Provision for doubtful debt is to be maintained @ 1% of sales (given in additional information) how much amount is deducted from Debtors in the balance sheet? (Sales for the year is â?¹167200)

latest answer

If Bad debts are given in trial balance -> It means that the debtor balance is already adjusted. Entry which is already passed Bad Debt Dr. [Expense] To Debtors [Asset] so you are not required to reduce this balance from debtors again. If provision is given in trial balance - this will be reduced from debtors balance.

Jitendra Kumar

Jitendra Kumar

CA Final

41K+

4

9K+

Partnership Accounts - Retirement

Accountancy

answered on 27-Apr-22 13:16

Kindly someone help me with the goodwill adjustments entry. I couldn't get the right goodwill table entry. Thank you.

latest answer

ok thanks for the confirmation bro.

Aswin Chandar

Aswin Chandar

CA Final

40K+

2

547

Journal entry

Accountancy

answered on 03-May-22 10:15

Sir, Vehicle insurance of the company is paid by director. Later on the company repaid the director with that amount. In tally which all entries we need to put

latest answer

Thanku sir

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

12

517

Valuation of opening inventory

Accountancy

answered on 26-Apr-22 21:00

why the answer is b

latest answer

THANKS

Swathi Krishna

Swathi Krishna

CA Final

8K+

7

456

Bonus issue

Accountancy

answered on 26-Apr-22 20:50

In case of sanction of bonus by converting partly paid to fully paid shares...should we consider crr or not?

latest answer

My pleasure

Anirudh gupta

Anirudh gupta

CA Inter

27K+

8

741

Ledger accounts basics

Accountancy

answered on 26-Apr-22 14:10

ð??? in ledger account while preparing there is a "TO" and "BY" , what actually meaning of this to and by?? Receive or paying??

latest answer

Thanks friend

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

11

561

Advanced accounts, partnership unit 2.

Accountancy

answered on 26-Apr-22 14:36

Illustration 8 .. why is realization loss not paid by partners in partner account

latest answer

You can pass that entry. Generally this is a notional entry and the partner bring in or withdraw the net amount.

krishna prasanthi

krishna prasanthi

CA Final

13K+

1

425