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Reference books
Accountancy
answered on 19-Mar-22 11:04
Advanced accountancy should I buy any other teacher's reference books other than institute modules,rtp,suggested answers,mtp ?
latest answer
Ok
Venkatesh .
CA Inter
★ 4K+
4
591
Adjustment
Accountancy
answered on 18-Mar-22 19:15
Trial balance: Furniture ---Rs. 84600 Sale of furniture (1-10-16)--- Rs. 14600 Adjustment: Calculate 5% depreciation on furniture What's the amount of depreciation Note: furniture and sale of furniture is written in trial balance
latest answer
Whatever i said in case 1 is just correct follow that one only. Whenever rate of depreciation is given without word p.a. we just calculate depreciation on opening balance ignoring the time factor.
Rishi jain
CA Final
★ 1K+
7
579
Banking companies
Accountancy
answered on 18-Mar-22 22:37
Logic behind this adjustment?? *Included in the current accounts ledger are accounts overdrawn to the extent of 25,00 Doubt: overdraft is a asset for the banking company,In question they said that it is included in the credit side of current account Which is a liability which means we have to deduct the overdraft from the current account but why they have added the overdraft in demand deposit????
latest answer
Increase
Shinisha Rose R
CA Final
★ 11K+
2
506
Investing cash flows
Accountancy
answered on 18-Mar-22 17:30
Pls explain the term marked in the image and provide an example for that
latest answer
Ok sir thank you
Sibi Srinivasan
CA Final
★ 22K+
3
451
buy back of securities
Accountancy
answered on 21-Mar-22 11:02
In this sum point 4. While Made up cancellation of equity shares from securities premium why market price 30 taken why not exercise price 20? And also how it can be adjusted from securities premium?
latest answer
Exercise price is 40 and FV of Option is 20 = Total is 60.
Venkatesh .
CA Inter
★ 4K+
1
517
Doubt
Accountancy
answered on 17-Mar-22 22:25
Tax audit fees to Chartered accountant what will be its treatment in statement of pre and post incorporation profit
latest answer
Sales ratio... Audit other than tax audit will be treated as post incorporation
Remya Raveendran
CA Inter
★ 270
5
600
Adjustment
Accountancy
answered on 18-Mar-22 15:15
Can you explain above image adjustment
latest answer
All exp. related current year are shown under P&L A/c For this: Add: Exp. paid in the previous year related to the current year Less: Exp. Paid in Advance in the Current year
Rishi jain
CA Final
★ 1K+
7
508
Profit (Loss) Prior to incorporation
Accountancy
answered on 18-Mar-22 12:51
In Public Limited company, Pre & Post period apportionment based on date of incorporation or date of commencement...?
latest answer
Date of incorporation
Ravikumar Pandi
CA Inter
★ 2K+
4
625
Doubt
Accountancy
answered on 17-Mar-22 16:54
What is the meaning of â?¢replacement cost â?¢ retail price method
latest answer
Thank you ð???
Neha Baliga
CA Inter
★ 4K+
2
590
Adjustment
Accountancy
answered on 16-Mar-22 20:15
â??Loan given to employee but debit to salary account. what's the adjustment entry for this??
latest answer
Thanks for replyð???
Rishi jain
CA Final
★ 1K+
4
531