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Final Accounts
Accountancy
answered on 14-Nov-21 18:51
Pls explain the question below.
latest answer
Ok sir. Thanks
Sibi Srinivasan
CA Final
★ 22K+
2
540
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
CA Inter
★ 5
5
523
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
CA Foundation
★ 150
1
558
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
CA Final
★ 22K+
4
662
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
CA Final
★ 3K+
1
481
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
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
CA Final
★ 97K+
7
719
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.
CA Final
★ 1K+
3
623
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
CA Final
★ 3K+
2
640
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
CA Inter
★ 5K+
7
786