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Accountancy

answered on 15-Nov-21 11:25

Sir in this question shouldn't we assume that interest on cash credit and interest on overdraft already included in interest and discount received?

latest answer

No. If they have given as separate line items and there is no note in the question as they are included.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

334

Drr and dri

Accountancy

answered on 13-Nov-21 10:13

What is the drr and dri in redemption of Debentures??

latest answer

Thank you

Vignesh Hari Krishnaa Karthigayan

Vignesh Hari Krishnaa Karthigayan

CA Inter

5

6

836

Reconstruction

Accountancy

answered on 31-Oct-22 23:23

The word cumulative is not mentioned against preference share , then how can they forgo their right when they don't have right to receive the same ?

latest answer

Even after a year we can't do it ;)

Himanshu Somani

Himanshu Somani

CA Final

97K+

7

516

Tips

Accountancy

answered on 12-Nov-21 18:03

How to get exemption in Advanced Accounting?

latest answer

Thank you sir

Divya Dharshini K.V.

Divya Dharshini K.V.

CA Final

1K+

3

438

Doubt

Accountancy

answered on 12-Nov-21 10:45

Sir in this sum amount transferred to CRR A/C (after buy back) is not equal to face value of equity shares â?¹ 1250000 why ?

latest answer

Ook sir now clear

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

450

As 29

Accountancy

answered on 12-Nov-21 13:06

What is the meaning of " if there is a possible obligation or present obligation, Where the livelihood of an outflow of resources is *remote * No provision is recognised and no disclosure is required " What is the meaning of remote here

latest answer

Okay sir.. Thankuuu

Christeena Ambel

Christeena Ambel

CA Inter

5K+

7

480

Lease & Depreciation ?

Accountancy

answered on 11-Nov-21 20:29

I know there are 2 different AS AS 10 PPE and AS 19 Lease But depreciation will be accounted by lessor or lessee ???? And by following which AS ?? Kindly explain

latest answer

If finance lease then depreciation is accounted by Lessee &in case of operating lease it will account by lessor As per my knowledge

Chandan Subudhi

Chandan Subudhi

CA Final

12K+

1

393

Thanks you

Accountancy

answered on 18-Nov-21 00:05

Please answer the questions

latest answer

Please send the clear picture

Krishnaveni Balireddy

Krishnaveni Balireddy

CA Foundation

440

5

490

Hire purchase

Accountancy

answered on 13-Nov-21 10:05

For questions in which rate of interest is to be found, can we find rate of interest by the method which I have done (Please see the attachment). Reference: B.Com book

latest answer

It's better to follow the method as suggested by ICAI.

James Js

James Js

CA Inter

1K+

2

452

Rectification of Errors after preparation of Trial Balance

Accountancy

answered on 11-Nov-21 19:01

Are all my entries right ?

latest answer

It is correct

Aditya Birla

Aditya Birla

CBSE XI

4K+

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364