Forums
Redemption of debentures, practical qn 3
Accountancy
answered on 26-Jan-22 19:23
Sir , usually in DRR ac we will transfer the balance amount of general reserve. But in this sum, it's quite different. They are transferring only 10% to general reserve. Why aren't they transferring balance amount to general reserve
latest answer
We transfer back the amount of DRR to General Reserve when all debentures have been redeemed. Here debentures are still outstanding - they have just cancelled few.. So, w.r.t. 8,000 debentures, the amount of DRR which was created, they are just transferring that back
Nandhini Ramesh
CA Inter
★ 310
4
309
Fire insurance claim...
Accountancy
answered on 14-Jan-22 21:28
What is avq clause explain in layman's terms anyone Plssss......
latest answer
Thank you so much sir.........
Balachandar S
CA Inter
★ 59K+
4
385
What is book value of a company mean??
Accountancy
answered on 12-Jan-22 20:45
Explain
latest answer
The book value of a company is the net difference between company's total assets and total liabilities, where book value reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
Dhakshana Dhakshana
CFA L2
★ 18K+
1
355
What is captial gains
Accountancy
answered on 12-Jan-22 16:16
Explain
latest answer
What bru
Dhakshana Dhakshana
CFA L2
★ 18K+
3
380
consolidated financial statements
Accountancy
answered on 12-Jan-22 16:12
why is the bad debts provision added back in the uniform accounting policy video?
latest answer
ð???ð???
Isabel Kingston
CA Inter
★ 5K+
3
332
About AS
Accountancy
answered on 10-Jan-22 21:48
Is there any changes like introducing or withdrawal of AS as of now..because I'm seeing some videos which has been posted before 5 years if any changes please let me know
latest answer
Thank you sir
Dhakshana Dhakshana
CFA L2
★ 18K+
2
393
Replacement cost
Accountancy
answered on 12-Jan-22 09:49
How replacement cost is a close appromixation of NRV? Pls Explain with and example. And also explain replacement cost
latest answer
No. The replacement cost is an amount that a company pays to replace an essential asset that is priced at the same or equal value.
Sibi Srinivasan
CA Final
★ 22K+
5
331
Admission of a New Partner
Accountancy
answered on 10-Jan-22 17:38
Please explain how to solve Case(i)
latest answer
That's what I said
Jitendra Kumar
CA Final
★ 41K+
3
371
Journal entry for provision for bad debts
Accountancy
answered on 10-Jan-22 17:25
Current year debtors = 1,00,000 Provision Need to Create = 5% Opening provision for bad debts = 1000 How much provision need to create Now 5000 (or) 4000
latest answer
4000
Krishna V
CA Inter
★ 7K+
2
547
Decommissioning
Accountancy
answered on 19-Jan-22 11:40
Decommissioning cost is capitalised for PPE which is used for purposes other than to produce inventory. E.g. AC Is it capitalised for machinery which produces inventory? If not, what is the accounting treatment for that? Pls explain
latest answer
ok mam. thank you
Sibi Srinivasan
CA Final
★ 22K+
5
322