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Pre-post profit of incorporation

Accountancy

answered on 28-Dec-21 12:11

What is the difference between capital profit & revenue profit??

latest answer

Capital profit - earned by selling assets, shares and debentures when Sale value > book value and face value. Revenue profit - earned in the ordinary course of the business i.e. sale of goods / services.

Rakesh Shah

Rakesh Shah

CA Final

5K+

1

470

Accounts from incomplete records

Accountancy

answered on 25-Dec-21 19:27

Sir in this question can i prepare combined cash and bank account instead of separate cash and bank account?

latest answer

Ok sir thank you so much

Balamurugan V

Balamurugan V

CA Final

52K+

2

623

Super

Accountancy

asked on 25-Dec-21 17:04

It's good and amazing

latest answer

No answers yet!!

Bharath Bandiatmakur

Bharath Bandiatmakur

CA Inter

0

0

505

Investment accounts

Accountancy

answered on 24-Dec-21 15:32

Illu 1 is different Are videos updated one ...?

latest answer

Okayð???ð??¼

MAYURI RATHOD

MAYURI RATHOD

CA Inter

70

2

593

Depreciation

Accountancy

answered on 24-Dec-21 18:22

Sir if life if a fixed asset is 0. Org cost - 10000 Till date dep charged - 9700 Carrying value - 300 Salvage value - 500(all fig are vague value ) What would be its wdv

latest answer

Ok mam.Salvage value would be taken as the book value. Because that is more logic.

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

7

567

Financial statements

Accountancy

answered on 24-Dec-21 12:43

Adjusted purchase means?

latest answer

Ok thank you

DIVYA S

DIVYA S

CA Final

60K+

11

560

Financial statements

Accountancy

answered on 28-Dec-21 18:18

Here provision for depreciation and depreciation is given, why provision for depreciation is deducted from asset? And why depreciation is charged to p/l a/c

latest answer

Thank you

DIVYA S

DIVYA S

CA Final

60K+

4

684

Cash flow

Accountancy

answered on 03-Jan-22 20:18

TDS on interest income earned on investments made, which cash flow? In the first one, it is no cash flow and 2nd it is investing cash flow, which one is correct

latest answer

Okay

DIVYA S

DIVYA S

CA Final

60K+

6

558

Depriciation

Accountancy

answered on 23-Dec-21 10:20

Do we want to write journal entries for the depreciation or just preparing of ledger account ??

latest answer

Yes

Niranjan Bhat

Niranjan Bhat

CA Final

10K+

3

662

Account current

Accountancy

answered on 19-Dec-21 21:21

Sir in exam I had written separate columns for debit and another one is credit coloumn. But in icai they have given combined. My answer is correct they'll give marks right...

latest answer

Okay sir.

Aditya  A.D

Aditya A.D

CA Foundation

10K+

3

573