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B List Contributories- Liquidation of Companies- Advanced Accounting
Accountancy
answered on 24-Apr-22 07:39
Can anyone please explain to me that in the given question, how did the figure of â?¹50 is arrived at (in the last row in last column)? I am not able to get it.
latest answer
I've got this. Thanks for the attention anyways.
Pratik Badade
CA Final
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1
1K+
Cash flow statement
Accountancy
answered on 25-Apr-22 08:17
In this illustration 12, why they are adding the prov for depreciation amount to the value of plant and machinery
latest answer
The solution given in study material can be confusing. Follow the below steps 1. Transfer the cost of fixed asset sold to a separate account called "Fixed Asset-Disposal" Account Dr. FA Disposal A/c Cr. Fixed Asset Account 2. Transfer depreciation pertaining to fixed asset sold to FA disposal account Dr. Provision for Depreciation Cr. FA Disposal Account 3. Amount realised on sale Dr. Bank Cr. FA Disposal Account 4. Balancing figure will be gain or loss.
vs navin
CA Final
★ 1K+
11
545
Cash flow statement
Accountancy
answered on 24-Apr-22 07:31
How to choose which method to use either direct or indirect? Anyone
latest answer
Correct
vs navin
CA Final
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3
616
Cash flow statement
Accountancy
answered on 23-Apr-22 16:28
Difference between advance tax and provision for tax and relation between them in the accounting treatment
latest answer
https://youtu.be/q6OpWp30lQM Have explained in detail here.
mani charan
CA Final
★ 3K+
1
442
Cash flow statement, dividend paid
Accountancy
answered on 23-Apr-22 16:27
Why is the dividend paid not added back to the net profit for arriving at the operating cash flow,as it a non operating expense(icai illustration 8)
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Thanks sir
mani charan
CA Final
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7
502
amalgamation and sale of partnershipfirm
Accountancy
answered on 24-Apr-22 23:46
in question no:8 , why the goodwill has not brought into partners capital accounts?
latest answer
thank you sir. for clarification. i got it
Thalanki Balaji
CA Inter
★ 0
5
443
AS 3
Accountancy
answered on 24-Apr-22 10:51
Practical qn5 (iv) (v) and illustration 3 answers are confusing
latest answer
Cash flow from investments is shown on a gross basis. Tax paid (including TDS) is shown as outflow
Aabith Sha
CA Inter
★ 8K+
3
529
AS 3
Accountancy
answered on 22-Apr-22 20:40
AS 3 confusing one
latest answer
Interest earned will be shown on gross basis. Tds will be shown as taxes paid.
Aabith Sha
CA Inter
★ 8K+
1
512
Investments from group-01
Accountancy
answered on 22-Apr-22 19:50
In that they both from dividend income on credit side but they recorded on different column one in dividends and other one in amount column.can anyone help me to get out of this doubt ??ð?¤?
latest answer
If dividend is pre acquisition then it is adjusted against cost of investment. If dividend is post acquisition, it is treated as income.
Hemanth Vadagam
CA Inter
★ 0
2
480
Insurance claims
Accountancy
answered on 23-Apr-22 18:26
illustrations 8 and 9 why G.P is calculated on adjusted annual turnover instead of calculating on gp/g.p+uisc. Please clarify me sir
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Thank you sir
SUMANTH MANNAVA
CA Inter
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3
417