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Partnership admission partner

Accountancy

answered on 06-Nov-21 11:46

How to calculate ratio ..?old ratio and new ratio

latest answer

Thanku sir

Raashi 14

Raashi 14

CMA Inter

330

3

333

Average due date

Accountancy

answered on 05-Nov-21 15:58

Is this presentation ok? ( Refer image ) Should I also include date of bill and term of bill columns?

latest answer

yaa

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

4

378

doubt in partnership goodwill

Accountancy

answered on 06-Nov-21 10:31

Here page 8.46 illustration 8 and also similar model Illustration 7 they only clearly gave that B gained and A sacrificied Then entry should be A'ac dr To B's ac Why is it reverse?

latest answer

B has gained, so it will compensate to A. For compensating B's account is debited and A's credited

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

45K+

3

390

Account Current

Accountancy

answered on 05-Nov-21 09:21

Is it important to do the workings for no. of days in exam?

latest answer

Ok sir

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

322

Banking co

Accountancy

answered on 05-Nov-21 23:03

In this ques how 2297000â?¹came for the year ended 31.3.13 in schedule 13

latest answer

Tq

Miradevi S

Miradevi S

CA Final

14K+

5

321

Average due date

Accountancy

answered on 04-Nov-21 13:00

Why amounts differ in the image?

latest answer

Ok. Understood. It's actually simplified!

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

1

308

NPO

Accountancy

answered on 06-Nov-21 10:04

There is a difference of Rs.100 in both Surplus and Balance Sheet. Surplus = 34400 and Balance Sheet = 86900 . Is my answer wrong or Printing mistake ? Please Help Sir

latest answer

Discussed here - https://1fin.page.link/uRVrfHC1R56QzQ5r9

Aditya Birla

Aditya Birla

CBSE XI

4K+

1

349

Inventory

Accountancy

answered on 09-Nov-21 09:20

How to solve this types of questions

latest answer

Tq �

Khushi Baghel

Khushi Baghel

CA Inter

905

4

372

Doubt in partnership illustration ca foundation

Accountancy

answered on 06-Nov-21 10:08

In this Illustration eight and seven from calculating sacrifice ratio one person is coming negative means gain na then clearly one person is gaining and other person is losing .. in illustration 7 page 8.45 it should be c's capital ac dr To a's capital ac na why is entry Reverse same in illustration 8 also

latest answer

Account of gaining partner is debited and sacrificing partner credited.

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

45K+

3

317

NPO

Accountancy

answered on 06-Nov-21 10:03

There is a difference of Rs.100 in both Surplus and Balance Sheet. Surplus = 34400 and Balance Sheet = 86900 . Is my answer wrong or Printing mistake ? Please Help Sir

latest answer

You should put a note that furniture is considered to be bought at the starting of the year. Looks like, they have taken half year depreciation and hence, the difference of Rs. 100

Aditya Birla

Aditya Birla

CBSE XI

4K+

5

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