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Consolidated financial statements

Accountancy

answered on 23-Nov-21 15:36

Sir in below attached ques Minority Int as on beg of the year I got 32000 which is same as book but for end of the year I got 36000 which is different. Is this crt or wrong. Please tell sir

latest answer

OK mam thank you

Miradevi S

Miradevi S

CA Final

16K+

12

460

Cash flow statement

Accountancy

answered on 25-Nov-21 15:52

WWhat is the logicin this working note Clanton missionary account and provisions for depreciation On plant in missionary account. Question number 12one page number 4.113

latest answer

Sir has explained it clearly in video no 21 and 22 of cfs

Susai Yappan

Susai Yappan

CA Inter

12K+

4

429

Preparation and presentation of financial statements

Accountancy

answered on 22-Nov-21 12:34

Can anyone explain me the below question number 8?

latest answer

Understood sir... thank you sir

Soumya A

Soumya A

CA Inter

20K+

4

368

As 10

Accountancy

answered on 22-Nov-21 05:33

As per as 10 depreciation must be provided when assert is ready for its intended use am i right?

latest answer

Yes

Vignesh Hari Krishnaa Karthigayan

Vignesh Hari Krishnaa Karthigayan

CA Inter

5

1

381

Doubt

Accountancy

answered on 22-Nov-21 08:20

Why in one part raw material is valued @cost and in other part @ NRV in this question?

latest answer

Yes sir ! Now it is clear.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

3

458

Balancesheet

Accountancy

answered on 21-Nov-21 11:32

Sir , Bills payable comes under which head sir.. I mean Bills payable Comes under Trade payable head or Other current liability head in Schedule 3 balance sheet ?

latest answer

Thank you

Naresh M

Naresh M

CA Final

75

2

387

Notes to accounts of Financial statements

Accountancy

answered on 21-Nov-21 09:18

Is it mandatory in exam to prepare notes to accounts in exact order like 1.share capital 2. Reserves and surplus 3. Long term borrowing Questions which also asking for preparing profit and loss statement, what should do if other notes have to prepare before the Notes of balance sheet

latest answer

Prepare balance sheet on one page, Profit and loss on second page. Then you can add notes

Gayathri K V

Gayathri K V

CA Inter

13K+

1

388

Consignment, illustration number 4

Accountancy

answered on 21-Nov-21 14:34

Sir in the below question why have we not included insurance claim received for determining the value of abnormal loss??

latest answer

Thank you sir

Soumya A

Soumya A

CA Inter

20K+

12

497

AS 2

Accountancy

answered on 22-Nov-21 14:52

â??If overdraft has been specifically taken for the purpose of financing current assets like inventory and working capital expenses, Can we include Interest on bank overdraft into cost of FG?

latest answer

What do you mean

ALDRIN G

ALDRIN G

CA Inter

12K+

5

351

Bank accounts..

Accountancy

answered on 20-Nov-21 16:24

In classification of tier 1 and tier 2 capital Where does Debentures comes in?

latest answer

Innovative perp debt inst in Tier I Hybrid debt cap inst in Tier II

Vignesh Hari Krishnaa Karthigayan

Vignesh Hari Krishnaa Karthigayan

CA Inter

5

1

371