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Amalgamation

Accountancy

asked on 29-Apr-25 16:53

Rtp of may25 amalgamation question,I'm unable to understand how the general reserve balance is 150

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No answers yet!!

Silvers Rayleigh

Silvers Rayleigh

CA Inter

0

0

40

doubt

Accountancy

answered on 14-May-25 12:16

what is meant by Interpretation. In simple terms

latest answer

to understand. interpretation of law - understanding the law

Manoj R

Manoj R

CA Foundation

1K+

1

52

Amalgamation

Accountancy

answered on 26-Apr-25 22:35

In certain sums Provision for doubtful debts is showing in balanced sheet under current liabilities head as short term provisions In some questions it is not considered as such, why?

latest answer

In final answer it should be shown as reduction from debtors

Shruthika Bala

Shruthika Bala

CA Inter

6K+

1

47

Partnership

Accountancy

answered on 26-Apr-25 20:33

Partnership not in ca inter ??

latest answer

No

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

1

72

AS 19 Leases

Accountancy

answered on 26-Apr-25 07:16

What is the difference between “Lease term” and “useful life”? Isn’t it both the terms referring to the same period?

latest answer

Both are not same. Check the building example i gave you. Useful life is for asset not only for lessee

Girinath A

Girinath A

CA Inter

765

3

51

As27

Accountancy

answered on 14-May-25 12:17

I solved many question but can’t distinguish how to understand reading the question which is JCO JCA JCE ?

latest answer

https://youtu.be/eW0lcEAuFpg

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

3

53

Inventory valuation

Accountancy

answered on 21-Apr-25 16:12

in adjustment (i) why aren't we deducting cost of electric fittings from closing inventory? in adjustment (ii) it says there has been no entry in the books for goods taken as free samples. then why are we not deducting goods taken as free samples from inventory? Isn't the entry Advertisement debit to purchases a/c?

latest answer

okay, thank you

Asmita Kar

Asmita Kar

CA Foundation

7K+

2

62

Rectification of errors

Accountancy

answered on 23-Apr-25 11:08

What is the rectification entry

latest answer

If you have specific doubt, we can guide you.

M Pavan

M Pavan

CA Foundation

290

4

69

As4

Accountancy

answered on 14-May-25 12:34

Dividend is non adjusting event and still how is it disclosed at notes on account I.e after balance sheet sign ?

latest answer

Final dividend comes into picture at AGM only. If AGM is delayed, then you may have to include in disclosures.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

7

68

Suspense account

Accountancy

answered on 21-Apr-25 11:59

When we don’t write the entry there is no effect in the trial balance the where did the suspense account come from?

latest answer

It is not that we have not passed the entry. We have passed the entry. But We have not take customer's account to trial balance. Hence the trial balance will not tally and we wil record in suspense account.

Rudransh Aheer

Rudransh Aheer

CA Foundation

3K+

2

52

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