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Partnership please reply anyone
Accountancy
answered on 04-Dec-21 13:04
In (2) what does they mean by other assets and liability remained the same
latest answer
Assets other than Inventory, Debtors, investments, computers adn buildings are valued at old values
Dhakshana Dhakshana
CFA L2
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413
Please explain the underlying points
Accountancy
answered on 30-Nov-21 12:40
In point (c) already 2% provision is made Again they asked to increase it to 6% please help me with proper explanation
latest answer
In question they asked to increase to 6% not by any law or something. That's why you have to made provision for 6% from 2 %
Dhakshana Dhakshana
CFA L2
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2
557
As 29
Accountancy
answered on 30-Nov-21 12:20
Please someone explain the 3rd point Especially explain the term "remote".
latest answer
Remote meaning less likely to happen
Balaji R
CA Final
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521
Goodwill help me
Accountancy
answered on 30-Nov-21 06:33
In partnership treatment of Goodwill inside the balancesheet in partners capital account
latest answer
Thanks bro
Dhakshana Dhakshana
CFA L2
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564
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
CA Inter
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3
479
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
CFA L2
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13
456
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
CFA L2
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1
605
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
CFA L2
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2
516
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
CFA L2
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1
460
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
CA Final
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1
440