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Branch Accounts

Accountancy

answered on 28-Mar-24 15:12

Good morning sir.. I solved these sum using all three methods but I can't the answer using trading and profit and loss method?..Sir,May I know what is the mistake sir?..

latest answer

Ok sir..let me try sir..thank you sir

shanthini hariharan

shanthini hariharan

CA Inter

610

12

65

Different from ICAI material

Accountancy

answered on 28-Mar-24 15:05

Working notes are different from ICAI material

latest answer

Responded to other thread.

Shivashankar Jawai

Shivashankar Jawai

CA Inter

450

2

61

Illustration 1of branch

Accountancy

answered on 28-Mar-24 15:26

How do we get 25,000 closing stock how did 10k and 15k come??

latest answer

Given in the question Stock - Direct purchase - 10,000 Transfer from HO -15000

Nilesh Malviya

Nilesh Malviya

CA Inter

655

1

50

Investment accounts

Accountancy

answered on 24-Mar-24 18:52

I'll 10 while computing pre acquisition dividend we r calculating on 15/4 /x1 purchased shares Generally v should calculate on opening balance only becoz dividend for 31/3/x1 Shares bought on 15/4/x1 how we can take

latest answer

Dividends are paid on all shares held on record date and not for shares held at the end of financial year.

nive krish

nive krish

CA Inter

255

1

23

As28

Accountancy

answered on 30-Mar-24 17:50

How can revaluation price and market value b different ? Based on what reason ?

latest answer

There are different ways to calculate fair value. May be management has used its estimate.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

710

3

60

Internal reconstruction

Accountancy

answered on 24-Mar-24 19:10

Chapt 14 (Ill - 8) in this adjustment should we need to create a liability and then pay the amount and after receive the amount ?

latest answer

Yes

Mahthiya

Mahthiya

CA Inter

6K+

1

46

Management's Choice to Declare Party as Related

Accountancy

answered on 24-Mar-24 19:12

Hi sir, hope you're well. If a particular party isn't identified as related as per AS 18, yet the management of the reporting entity feel so, can they make the choice to disclose such party as being related? Thanks

latest answer

Yes

Devaprasad Jothimani

Devaprasad Jothimani

CA Inter

0

1

58

Borrowing cost-as 16

Accountancy

answered on 10-Apr-24 16:52

In this question why they are taking borrowing cost for only option (i) and why

latest answer

because you have to borrow to pay.

Hari Haran

Hari Haran

CA Inter

170

1

51

AS 3

Accountancy

answered on 22-Mar-24 07:44

opening balance of trade receivables is 200000 right?

latest answer

I’m a student

Divinne Fiona

Divinne Fiona

CA Inter

9K+

5

70

LLUSTRATION 11...unit 2 treatment of goodwill

Accountancy

answered on 31-Mar-24 17:45

Could please solve and share the answer of partnership...unit2 treatment of goodwill..illustration 11 ...pg no.10.65 .(ca foundation )

latest answer

Could you please explain the answer

Devananda Rajeesh

Devananda Rajeesh

CA Foundation

140

2

51

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