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answered on 04-Nov-21 13:00

Why amounts differ in the image?

latest answer

Ok. Understood. It's actually simplified!

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

1

544

NPO

Accountancy

answered on 06-Nov-21 10:04

There is a difference of Rs.100 in both Surplus and Balance Sheet. Surplus = 34400 and Balance Sheet = 86900 . Is my answer wrong or Printing mistake ? Please Help Sir

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Discussed here - https://1fin.page.link/uRVrfHC1R56QzQ5r9

Aditya Birla

Aditya Birla

CBSE XI

4K+

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676

Inventory

Accountancy

answered on 09-Nov-21 09:20

How to solve this types of questions

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Tq �

Khushi Baghel

Khushi Baghel

CA Inter

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4

577

Doubt in partnership illustration ca foundation

Accountancy

answered on 06-Nov-21 10:08

In this Illustration eight and seven from calculating sacrifice ratio one person is coming negative means gain na then clearly one person is gaining and other person is losing .. in illustration 7 page 8.45 it should be c's capital ac dr To a's capital ac na why is entry Reverse same in illustration 8 also

latest answer

Account of gaining partner is debited and sacrificing partner credited.

Harshitha Kalidindi

Harshitha Kalidindi

CA Final

51K+

3

533

NPO

Accountancy

answered on 06-Nov-21 10:03

There is a difference of Rs.100 in both Surplus and Balance Sheet. Surplus = 34400 and Balance Sheet = 86900 . Is my answer wrong or Printing mistake ? Please Help Sir

latest answer

You should put a note that furniture is considered to be bought at the starting of the year. Looks like, they have taken half year depreciation and hence, the difference of Rs. 100

Aditya Birla

Aditya Birla

CBSE XI

4K+

5

719

Consignment

Accountancy

answered on 04-Nov-21 06:28

Pls explain the question.

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Thank you so much

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

668

Accounting standards

Accountancy

answered on 09-Nov-21 14:44

1. Why is short term investment in liquid equity shares not considered as cash equivalents? 2.Treatment of these items in Cash flow statement with explanation:- a) Tds on interest income earned on investment made b) Tds on interest earned on advance given to suppliers Kindly help me to solve these doubts

latest answer

Its a cash flow. Like mentioned earlier, two approaches can be taken if taken as operating cash flow there wont be any adjustment to be made further But if it is categorised as investment or financing activity then adjust net profit and show it under the respective head.

Pushkala S

Pushkala S

CA Final

3K+

7

1K+

Redemption of preference shares ( crr requirement)

Accountancy

answered on 09-Nov-21 14:43

Sir, in this example we have have to issue 2500 ( face value of rs 10 and premium of rs 10) shares for crr requirement but we have a shortfall of 5000 fund so we issue 2750 shares ( face value of rs 10 and premium of rs 10). Can we issue 2500 shares ( ( face value of rs 10 and premium of rs 12) sir my doubt is instead of increasing number of shares for fund requirement can we just increase premium of rs 2 since crr requirement is already satisfied? Video no. 8 of redemption of preference shares chapter

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Thank you sir

Balamurugan V

Balamurugan V

CA Final

52K+

2

510

NPO

Accountancy

answered on 03-Nov-21 18:31

What will be the treatment of Additional Information (1) and please prepare Income Expenditure Account.

latest answer

Good.

Aditya Birla

Aditya Birla

CBSE XI

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11

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Banking co

Accountancy

answered on 03-Nov-21 19:39

OD balance is net off against current account balance means what?

latest answer

Thank u :)

Miradevi S

Miradevi S

CA Final

16K+

10

754