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Therotical framework

Accountancy

answered on 19-Nov-21 11:10

Meaning and scope of accounting

latest answer

What do you want to ask?

Nandani Gayatri

Nandani Gayatri

CA Foundation

0

2

500

Final accounts

Accountancy

answered on 19-Nov-21 10:00

How to calculate outstanding salary were for one month ..?

latest answer

Thanks for ur reply

Raashi 14

Raashi 14

CMA Inter

330

4

574

Profit and loss pre and post incorporation period

Accountancy

answered on 19-Nov-21 12:30

Normally the preliminary expenses means are the expense incure before the incorporation of company. As a logically preliminary expenses to be shown in the pre incorporation period but in the evaluations in a book threoy they are shown in the post incorporation period why?

latest answer

Expenses of a company can be recorded in a period in which a company exists. The company exists post-incorporation so the expenses are recorded on a date after the company comes into existence

Subash Chandrabose

Subash Chandrabose

CA Final

32K+

2

889

Reserve

Accountancy

answered on 18-Nov-21 15:36

What is the treatment of reserve in final accounts

latest answer

Ok

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

15

483

NPO

Accountancy

answered on 20-Nov-21 11:47

I mention my doubts.My answer of Surplus is not matching with the given answer.There is a gap of Rs.2050.Please help me.Please.

latest answer

You will have to prepare both. From 2012, you will have balancing figure for Capital fund

Aditya Birla

Aditya Birla

CBSE XI

4K+

11

663

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

Kumar Sarthak

CMA Final

12K+

1

400

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

Ankit Gupta

CA Foundation

0

3

394

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

Niranjan Bhat

CA Inter

10K+

14

435

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

AKSHAYA V S JU

CA Inter

3K+

1

422

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

Abhishek Purohit

CA Inter

10K+

7

738