Forums
Balance sheet
Accountancy
answered on 21-Nov-21 14:29
"Employee profit sharing account " will come under which heading of balance sheet in the liability side?
latest answer
Other current liability/other non-current liability
Kumar Sarthak
CMA Final
★ 12K+
1
340
Revenue expenditure
Accountancy
answered on 18-Nov-21 12:24
If my bike's horn get damaged and I get it changed through mechanic ....then here we have done revenue expenditure or capital expenditure? ...also what is reason for that expenditure....
latest answer
ð??? all the best!!
Ankit Gupta
CA Foundation
★ 0
3
344
subsidery books
Accountancy
answered on 21-Nov-21 12:31
do subsidery books have invoice no column in it ?
latest answer
Ok sir
Niranjan Bhat
CA Inter
★ 10K+
14
396
Final accounts
Accountancy
answered on 16-Nov-21 18:34
What is adjusted closing stock?why we should not Cr. It in trending a/c.
latest answer
It is cost of goods sold(opening +purchases- closing stock ).It is not credited because the credit impact is already given by deducting closing stock from opening stock and purchases (given above).
AKSHAYA V S JU
CA Inter
★ 3K+
1
364
C.F.S.
Accountancy
answered on 18-Nov-21 20:24
illustration 7 - Provision for taxation treatment not clear. Why is provision considered as liability at the beginning of the year.why it is not adjusted towards income tax paid ?
latest answer
Ok, thank you
Abhishek Purohit
CA Inter
★ 10K+
7
670
journal entries
Accountancy
answered on 16-Nov-21 15:43
shyam a/c dr to discount allowd a/c to cash a/c can this be done ?
latest answer
Yes if any discount is allowed by Shyam who is a creditor and balance amount is paid by cash
Niranjan Bhat
CA Inter
★ 10K+
3
399
Consolidated financial statements
Accountancy
answered on 17-Nov-21 11:07
How to separate pre and post acq dividend in this sum
latest answer
As the profits for the year is not sufficient to pay the dividend fully . Therefore, shortfall of 10,000 on dividend is paid out off pre acquisition profits . In that 10,000 H.co share is 8000 .
Nizam Deen
CA Final
★ 4K+
4
400
Journal
Accountancy
answered on 18-Nov-21 14:18
Please provide me the sol..
latest answer
No problem, best wishes!
Tanya Batra
★ 7K+
5
320
Depreciation
Accountancy
answered on 17-Nov-21 15:31
Please let me know the answer
latest answer
We suggest you solve it and share your solution here. We can mention whether correct or not
GOKUL KRISHNA A G
CA Inter
★ 0
3
389
Accouting fundamental
Accountancy
answered on 15-Nov-21 19:47
Rectification of errors
latest answer
Ok
SIMRAN KUMARI
CMA Foundation
★ 200
5
398