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Hire Purchase sales

Accountancy

answered on 29-Nov-21 20:49

Sir how this figure (â?¹57,300) got?? (illustration 8)

latest answer

Bad handwriting. The balance in vendor account after repossession is is rupees 57300. And it paid after

Bismi Hameed

Bismi Hameed

CA Inter

7K+

3

399

Sir please reply Regarding goodwill calculations

Accountancy

answered on 01-Dec-21 17:07

For 2014 what should I do with insurance climb received +or- with profits and reason for doing so Same for 2015,16 please explain

latest answer

Okiii thanks

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

13

394

Partnership accounts help me

Accountancy

answered on 03-Dec-21 22:50

Please tell me how to solve question 4

latest answer

new profit sharing ratio 2:2:1 spinny has to bring 36300 as capital. balane sheet amount wil be 521800 Mascow =201000 Danial =171000 Spinny =36300

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

494

Please reply

Accountancy

answered on 29-Nov-21 14:36

If I bring cash as a capital to business 5000 Then in balance sheet Asset side as cash 5000 same in liability side capital as 5000 Now if I get a loan for business for further capital should I show this as loan or capital??

latest answer

Thanks sir

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

2

393

NPO please reply

Accountancy

answered on 29-Nov-21 13:16

In NPO depreciation and materials consumed are both mean the same if not please say the difference??

latest answer

Depreciation is on fixed assets. Materials consumed are for materials.

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

365

Partnership Accounts - II of Advanced accounting

Accountancy

answered on 29-Nov-21 21:53

Guys can you please help to understand Bank Accounts ( Dena Bank Account OD) in Illustration 4 of pg no 328. In the adjustment, it is given that all other liabilities are discharged from Dena bank account which is Overdraft account but in the answer creditors were are taken into consideration. please give me some clarity

latest answer

In the question they given creditors are takenover by Hari Ltd so creditors are recorded in realisation a/c and loan accounts are not taken over so we must settle those liabilities through dena bank a/c

Pardhu surendra

Pardhu surendra

CA Final

5

1

371

Adv acc AS

Accountancy

answered on 29-Nov-21 08:55

Whether revision of AS of grp2 , Part 2 class of it today!!???

latest answer

Ok sir

Sathiya Bama

Sathiya Bama

CA Final

24K+

2

391

Statutory reserve

Accountancy

answered on 29-Nov-21 11:08

What is the rate of SR for bank for dec attempt?

latest answer

If you mean SLR - it's 18%

Aman Mahajan

Aman Mahajan

CA Final

19K+

2

358

Insurance claim

Accountancy

answered on 28-Nov-21 23:16

In this sum how to calculate actual lose of stock how comes 120000?

latest answer

You are welcome

Raashi 14

Raashi 14

CMA Inter

330

3

424

Insurance claim

Accountancy

answered on 03-Dec-21 09:09

In closing stock how to calculate abnormal , gross loss

latest answer

Total abnormal item cost = 137700 (i) Cost of items sold out of the above = 55,080 (A) Less : Loss on sale given in question = 11,080 (B) Sale value of abnormal stock = (A)-(B))= 44,000 (ii) Items left as stock in abnormal item [(i)-(ii)] = 82,620

Raashi 14

Raashi 14

CMA Inter

330

1

371