Journal entries

answered on 23-Nov-21 16:01

Cash sales 500000

latest answer

Cash a/c Dr To sales a/c

Manikanta Kota

CA Foundation

★ 0

4

358

Consolidated Financial statement

answered on 22-Nov-21 19:46

Is cross holding sums are applicable In consolidated financial statement At CA intermediate level?

latest answer

Thank you Sir

Pradeep Ravikumar

CA Final

★ 670

2

276

Consolidated financial statements

answered on 23-Nov-21 15:36

Sir in below attached ques Minority Int as on beg of the year I got 32000 which is same as book but for end of the year I got 36000 which is different. Is this crt or wrong. Please tell sir

latest answer

OK mam thank you

Miradevi S

CA Final

★ 14K+

12

383

Cash flow statement

answered on 25-Nov-21 15:52

WWhat is the logicin this working note Clanton missionary account and provisions for depreciation On plant in missionary account. Question number 12one page number 4.113

latest answer

Sir has explained it clearly in video no 21 and 22 of cfs

Susai Yappan

CA Inter

★ 12K+

4

319

Preparation and presentation of financial statements

answered on 22-Nov-21 12:34

Can anyone explain me the below question number 8?

latest answer

Understood sir... thank you sir

Soumya A

CA Inter

★ 20K+

4

296

As 10

answered on 22-Nov-21 05:33

As per as 10 depreciation must be provided when assert is ready for its intended use am i right?

latest answer

Yes

Vignesh Hari Krishnaa Karthigayan

CA Inter

★ 5

1

282

Doubt

answered on 22-Nov-21 08:20

Why in one part raw material is valued @cost and in other part @ NRV in this question?

latest answer

Yes sir ! Now it is clear.

Sri kanaga Varshini

CA Final

★ 3K+

3

334

Balancesheet

answered on 21-Nov-21 11:32

Sir , Bills payable comes under which head sir.. I mean Bills payable Comes under Trade payable head or Other current liability head in Schedule 3 balance sheet ?

latest answer

Thank you

Naresh M

CA Final

★ 75

2

315

Notes to accounts of Financial statements

answered on 21-Nov-21 09:18

Is it mandatory in exam to prepare notes to accounts in exact order like 1.share capital 2. Reserves and surplus 3. Long term borrowing Questions which also asking for preparing profit and loss statement, what should do if other notes have to prepare before the Notes of balance sheet

latest answer

Prepare balance sheet on one page, Profit and loss on second page. Then you can add notes

Gayathri K V

CA Inter

★ 13K+

1

294

Consignment, illustration number 4

answered on 21-Nov-21 14:34

Sir in the below question why have we not included insurance claim received for determining the value of abnormal loss??

latest answer

Thank you sir

Soumya A

CA Inter

★ 20K+

12

381