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AS 29 AS 9 adv account
Accountancy
answered on 09-Dec-21 10:55
JULY 21 ADV ACOUNTS Q6 C WHY IN THE SOLUTION 20% TOOK? DOES THIS 6%/ 7%/ 8% are not rate of provision ? kindly assist
latest answer
They are percentage of cumulative sales
HUNNY CHAWLA
CA Inter
★ 5
1
390
Co. Acc.
Accountancy
answered on 08-Dec-21 22:27
In company accounts ,The excess of share application money is firstly adjusted towards which of the following:-- Share allotment money Or Security premium reserve Plz reply
latest answer
Thank u
Gopal Garg
CFA L1
★ 5K+
2
357
Partnership accounts please reply sir
Accountancy
answered on 09-Dec-21 10:06
Executor ac is it same as Loan account of the partner because we just transfer the closing balance to executor ac... And if the total amount due for the death of a partner is paid immediately is there any requirement to prepare executor account ??
latest answer
there is nosaperate formate for loan a/c it is ledger.
Dhakshana Dhakshana
CFA L2
★ 18K+
3
370
Columns
Accountancy
answered on 08-Dec-21 19:05
Sir can we draw such lines in the ledger a/c ??
latest answer
Thank you and same to you:)
Soumya A
CA Inter
★ 20K+
4
346
Inventory
Accountancy
answered on 08-Dec-21 18:58
Q1 plz share the answers
latest answer
We have to find stock as on 31.3.21 but they did actual stock taking on April 9.So we will deduct purchases and add cost of goods sold. Value of purchases made as per purchase day book is 1200 out of this 1200, goods worth 500 is not yet received till April 9. So at the time of physical stock taking on April 9 these 500 will not be counted because you don't have the possession of these goods. Now when you come to purchases we record purchases at the time of receiving invoice. So the purchases will include goods worth 500 as they are purchased but not received. So you don't have to deduct the goods worth rs 500 from stock as on April 9 as this value donot include the goods worth 500. But you have to deduct the goods worth rs 500 from purchase made
Gopal Garg
CFA L1
★ 5K+
3
361
Capacity to contract
Accountancy
answered on 08-Dec-21 10:26
How can a person study M.com being minor ð???
latest answer
If Question is saying he is minor so you should consider according to que
Sugam SM
CA Final
★ 9K+
7
384
Depriciation
Accountancy
answered on 13-Dec-21 14:42
Answer it fast
latest answer
Which part is confusing you?
Kashish Khandelwal
CA Foundation
★ 3K+
3
327
Death of a partner
Accountancy
answered on 08-Dec-21 14:59
Partnership
latest answer
On 3 lakhs
Kashish Khandelwal
CA Foundation
★ 3K+
2
389
Balance Sheet
Accountancy
answered on 07-Dec-21 19:09
If a person is doing Business: Business Balance Sheet & Personal Balance Sheet, both will be done?? Please reply
latest answer
It depends on the person. Can prepare both or just a combined.
Veera V
CA Final
★ 0
1
380
Internal reconstruction
Accountancy
answered on 07-Dec-21 16:50
Sir this is illustration 3 of internal reconstruction. Bal. In capital reduction account is to be transferred to capital reserve right! But why is it transferred here to p/l alc and why isn't the new balance sheet not showing reserves and surplus
latest answer
Oh okay sir.. I got it ... Thank you very much!
krishna prasanthi
CA Final
★ 13K+
2
695