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Partnership accounts

Accountancy

answered on 14-Sep-21 14:07

Can anyone explain me the below question

latest answer

Meaning of?

Soumya A

Soumya A

CA Inter

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Redemption of preference share Practical question . 2

Accountancy

answered on 13-Sep-21 15:50

In conversion of debenture into equity shares, why they are divided by 10? It's already split equity shares of rupees 10 each into 5 equity shares of rupees 2.

latest answer

Rs. 10 per share is the issue price. Here Rs. 2 / per share will only go to Equity share capital, Rs. 8 goes to Securities Premium Reserve

Arun Kumar J

Arun Kumar J

CA Inter

70

1

444

Investment accounts

Accountancy

answered on 13-Sep-21 17:25

Interim Dividend can't be pre acquisition dividend True or false???

latest answer

True

Lalit Sanpal

Lalit Sanpal

CA Final

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Partnerships

Accountancy

answered on 14-Sep-21 11:41

If a partner is insolvent but has given loan to firm, will we repay him?

latest answer

Yes

Aman Mahajan

Aman Mahajan

CA Final

19K+

4

467

Accounts

Accountancy

answered on 12-Sep-21 11:30

Upload full Accounts course

latest answer

You can only access the full course of accounts, you have to pay for it..!

Abdul Younus

Abdul Younus

CA Foundation

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Doubt

Accountancy

answered on 13-Sep-21 15:42

How do we treat the contingent liability in balance sheet?

latest answer

Ok mam understood clearly thank you

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

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As 5

Accountancy

answered on 01-Nov-21 11:35

Q18 what will be the treatment

latest answer

It is prior period assuming it is a material amount to the company

Aman Mahajan

Aman Mahajan

CA Final

19K+

6

476

Preparation of financial statements

Accountancy

answered on 11-Sep-21 13:37

In one illustration icai said that preliminary expenses are not shown in the B/S In another illustration icai said that preliminary expenses have been written off in line with AS... What is the correct adjustment

latest answer

Ok sir tqq

S.K Anusha

S.K Anusha

CA Foundation

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Doubt

Accountancy

answered on 10-Sep-21 19:25

Why do we dr. Creditors in branch accounts under debtors system in this sum ?

latest answer

Yeah understood Thank you

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

5

514

Basic

Accountancy

answered on 09-Sep-21 16:24

what is the difference between in the course of business & incidental to business?

latest answer

See the difference for expense 1) expense in the course of business - This is an expense which entity normally or mandatorly incurs to achieve its objective of business Example- material cost,operating cost 2) expense incedental to business - This expense entity incurs to its main objective Example- when company sends it's employees to outstation conveyance, lodging,meals expense , gratuities etc

Girinath A

Girinath A

CA Inter

765

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