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Inventory
Accountancy
answered on 09-Nov-21 09:20
How to solve this types of questions
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Tq �
Khushi Baghel
CA Inter
★ 1K+
4
599
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
CA Final
★ 51K+
3
551
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
CBSE XI
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5
756
Consignment
Accountancy
answered on 04-Nov-21 06:28
Pls explain the question.
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Thank you so much
Sibi Srinivasan
CA Final
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2
712
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
CA Final
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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
latest answer
Thank you sir
Balamurugan V
CA Final
★ 52K+
2
523
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
CBSE XI
★ 4K+
11
604
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
CA Final
★ 16K+
10
800
Doubt in partnership unit 1
Accountancy
answered on 03-Nov-21 06:54
In preparation of partnership accounts especially profit and loss appropriation account... When they give *DURING THE YEAR DRAWINGS ARE WITHDRAWN* In page 8.10 illustration 3 they said assuming drawings are taken on last day hence no interest is collected But in page 8.16 illustration 6 they took in the solution interest on drawings for six months So what is correct assumption
latest answer
thank u
Harshitha Kalidindi
CA Final
★ 51K+
2
734
Accounts
Accountancy
answered on 02-Nov-21 14:02
Can I get some sums to workout on admission of new partner in partnership accouns
latest answer
Yes sis It is available in the free resources of Indigo learn you can check it
57. Thumithra S
CA Foundation
★ 5K+
1
580