Forums
Partnership
Accountancy
answered on 24-Aug-21 10:29
If in the question, they give simply as partnership and not mention whether it is LLP or unlimited liability partnership. In this case what will be the treatment for this question?
latest answer
Solve assuming normal partnership
Vijay K
CA Inter
★ 9K+
1
400
HUF
Accountancy
answered on 24-Aug-21 12:35
What is mean by " HUF - Hindu Undivided Family " . Is HUF a company or corporation. What is their field in society. Simply who are they ? Even I have searched in Google but still I can't understand.
latest answer
Thank you sir.
Vijay K
CA Inter
★ 9K+
4
416
doubt
Accountancy
answered on 24-Aug-21 10:03
in this sum how conversion of debentures from equity shares comes 1,10,000 shares
latest answer
Good
Chandramouli A
CA Inter
★ 720
3
399
Agreement
Accountancy
answered on 25-Aug-21 10:18
The question in the image is just a social agreement and unenforceable by law. Am I right?
latest answer
Ok mam thank you
Sibi Srinivasan
CA Final
★ 22K+
4
458
Managerial remuneration limits
Accountancy
answered on 23-Aug-21 20:49
Sir/madam limits apply on Effective capital - less than 5 cr =60lacs per annum . But in this solution they given less than 5 cr but more than 1 cr(ans for ques = 25800000) = 100000. Which one is correct . Solve the solution ?
latest answer
Yes question like this can come but answer would be based on new provision
JAVED B
CA Inter
★ 0
3
496
Depreciation
Accountancy
answered on 23-Aug-21 10:12
In a manufacturing firm, why the cost of depreciation of a machinery and plant is debited to the manufacturing account and not the profit and loss account?
latest answer
Thank you for the response. Now I understood the concept.
Vijay K
CA Inter
★ 9K+
3
473
AS16 borrowing cost
Accountancy
answered on 23-Aug-21 10:12
In this AS borrowing cost related to qualify asset we debit those interest in depreciation In case borrowing contains over and above year that remaining amount we debit asset (we take depreciation) or those expenses charge off to P&L
latest answer
your question is not clear
INDRAJITH S
CA Inter
★ 5K+
3
407
Doubt on redemption on preference shares
Accountancy
answered on 23-Aug-21 10:35
1. Why did they not divide the debentures amount by rs.2 . Please explain the concept
latest answer
Thank you mam ..
Susai Yappan
CA Inter
★ 12K+
3
470
Account
Accountancy
answered on 22-Aug-21 20:30
Int accrued but not due meaning
latest answer
Ok
Harshita Kedia
CA Inter
★ 4K+
2
451
Redemption of shares
Accountancy
answered on 22-Aug-21 20:30
I think the adjustment in the book is wrong so can anyone confirm or correct it
latest answer
Tq sir
Susai Yappan
CA Inter
★ 12K+
5
402