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Partnership accounts
Accountancy
answered on 07-Nov-21 23:40
In the below question, the sentence had to be " In addition to the treatment under illustration number 4 " right? Can anyone please tell me
latest answer
Thank you...
Soumya A
CA Inter
★ 20K+
2
535
Liquidation
Accountancy
answered on 07-Nov-21 16:19
What is the treatment of "credit balance in the Profit and loss account" in Statement of affairs
latest answer
It will come in surplus a/c LIST H
Amalesh James
CA Final
★ 2K+
1
591
Pre nd post
Accountancy
answered on 12-Nov-21 10:37
If purchases appears in the question for both pre nd post then wt is the a/cing treatment ??
latest answer
Purchase - take in respective period to arrive at GP.
anusha athikamsetty
CA Inter
★ 65
4
584
Preferred creditors
Accountancy
answered on 09-Nov-21 13:12
Why is both year taxes taken as preferential? Should it be only 1 year prior?
latest answer
Pls refer to the attached image for question
Aman Mahajan
CA Final
★ 19K+
2
736
Inventory
Accountancy
answered on 07-Nov-21 13:36
Please tell me What is the entry this adjustment in treading account
latest answer
Yes thank you
Sejal Shivani
CA Foundation
★ 5K+
11
641
Dividend on bonus shares and right shares
Accountancy
answered on 06-Nov-21 16:55
Will bonus share and right share get dividend sir??
latest answer
Yes.
Bismi Hameed
CA Inter
★ 7K+
1
536
Bill of exchange
Accountancy
answered on 06-Nov-21 18:49
What is the difference between discount &rebate?
latest answer
Oops sorry, I missed to notice the title BOE I explained about discount and rebate on general purchases In BOE discount is provided when u encash the bill with bank before date of maturity ie) discounting of bills Rebate is provider when payor retires the BOE before it's due date or maturity date The main aim to provide rebate is to encourage payor to retire bills early or to encourage prompt payment While discount on bill is way of short term financing provided by bank the discount charged on bill is actually the interest charged by bank on the amount
Rakesh Shah
CA Final
★ 5K+
2
700
AS 22..excess of MAT over current tax
Accountancy
answered on 06-Nov-21 16:47
Excess of MAT over current tax is whether debited or credited to p&l account?
latest answer
Thanks
Sajeetha R
CA Final
★ 46K+
2
496
CASH FLOW STATEMENT
Accountancy
answered on 09-Nov-21 14:23
Why premium on redemption is considered in operating activities under indirect method as premium will not written p&l account
latest answer
Premium is a charge to P&L
Sairam Reddy
CA Final
★ 10K+
3
602
Partnership admission partner
Accountancy
answered on 08-Nov-21 12:26
How to calculate goodwill ? &why adverstiment profit ? How to calculate ..
latest answer
Valuation of good will is given as working, let us know what's your doubt in this. Advertisement profit is a typo, it is basically adjustment / rectification of profit as per discovery of furniture wrongly debited and purchase omission.
Raashi 14
CMA Inter
★ 330
1
766