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Accountancy

answered on 15-Nov-21 08:18

I recently found that in free notes section, particularly in accounts subject, there are very less questions, only icai questions have been discussed, are they enough for exam purpose?

latest answer

Thank u for addressing my doubt!

Ritwik Sharma

Ritwik Sharma

CA Foundation

160

6

854

PARTNERSHIP

Accountancy

answered on 14-Nov-21 18:57

Why They are multiple by 2 with B's capital, how??

latest answer

Welcome

Sathiya Bama

Sathiya Bama

CA Final

24K+

3

599

Buyback

Accountancy

answered on 14-Nov-21 16:12

Why there is creation of crr since there are fresh issues for buyback

latest answer

Okay sir thank you

Agrawal Chirag

Agrawal Chirag

CA Inter

2K+

2

492

Final Accounts

Accountancy

answered on 14-Nov-21 18:51

Pls explain the question below.

latest answer

Ok sir. Thanks

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

505

Hire purchase and lease

Accountancy

answered on 13-Nov-21 22:12

What is the difference between hire purchase and a lease

latest answer

Ok sir ...

Vignesh Hari Krishnaa Karthigayan

Vignesh Hari Krishnaa Karthigayan

CA Inter

5

5

498

Reissue of shares

Accountancy

answered on 14-Nov-21 15:25

In which situation amount goes in capital reserve And in which, amount goes in security premium reserve?

latest answer

When fresh issue is over the face value, it is credited to security premium account. Capital reserve arises on various transactions which you will understand as you move to higher levels

Ved Bishnoi

Ved Bishnoi

CA Foundation

150

1

522

Conservatism

Accountancy

answered on 13-Nov-21 18:14

As per the conservatism principle, anticipated gain should not be recorded in the books. But in the image below, this rule is violated ( according to my inference ). Pls clarify

latest answer

Ok sir

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

4

612

Doubt

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

448

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

1K+

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

679