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Narration

Accountancy

answered on 11-Aug-21 21:24

Does narration carries marks in exams especially in group 2 advance accounting?

latest answer

Thank you

Mayilvizhi Maan

Mayilvizhi Maan

CA Inter

6K+

5

503

Bills of exchange

Accountancy

answered on 12-Aug-21 11:58

What is the meaning of bill of exchange and why a drawer discounts his / her bill at bank?

latest answer

Thank you

Varshini Kasi reddy

Varshini Kasi reddy

CA Inter

3K+

2

452

Goodwill entry

Accountancy

answered on 11-Aug-21 13:06

There is a reverse/ wrong treatment of goodwill which I found in this sum shared below. It's a mistake. Right?

latest answer

Thank you so much

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

2

455

Entry for income from family members in books

Accountancy

answered on 10-Aug-21 14:27

If we receive any amount from daughter.. what entry we pass in our books..credited in bank statement..what entry it shall be??

latest answer

Okay.. thanks a lot

vasabattula abhinav

vasabattula abhinav

CA Final

85

4

451

Capital expenditure vs Revenue expenditure

Accountancy

answered on 10-Aug-21 10:02

Can anyone explain me this as I always have an different opinion based on situation..about capital exp and revenue exp...where sometimes we incurred exp on capital exp..does amount of money incurred matters??(if it's rs..200..rs..1000) ex: battery to a car generally its capital in nature if amount is nominal whether to capitalise or book as expense???

latest answer

Thank youð???ð???

vasabattula abhinav

vasabattula abhinav

CA Final

85

4

1K+

Chapterwise modules

Accountancy

answered on 10-Aug-21 08:38

I want to buy chapterwise module for advanced accounting ca inter, can anyone help me how to buy them please

latest answer

Ok tq

Aishwarya Yuvarajan

Aishwarya Yuvarajan

CA Final

470

4

431

Interest

Accountancy

answered on 09-Aug-21 18:08

In average due date unit as well as account current unit, we are talking about interest. Bill of exchange is for credit purchase which contains only the due amount. Then who will pays those interest to the firm. Is the firm or debtor or what ?

latest answer

Message me telegram bro My I'd = unknown_121212

Vijay K

Vijay K

CA Inter

9K+

15

530

Average due date

Accountancy

answered on 09-Aug-21 11:26

Illustration 10 : in the calculation of average due date they have rounded off 37.5 months to 38 months. Instead of 38 months, can we add 37 months 15 days in this problem. By this the average due date will be 16th Feb.

latest answer

Thank you mam.

Vijay K

Vijay K

CA Inter

9K+

2

637

Liquidation of companies

Accountancy

answered on 09-Aug-21 10:53

Why haven't we mentioned specifically pledged bank overdraft ( Rs.54000) in the outer column and also equity shareholders in the left column ( Rs. 240000)?

latest answer

We will not mention bank overdraft again as we have paid it in list B and taken the surplus amount . and as far as equity shareholders are concerned whatever remains at the end is given to equity shareholders irrespective of the capital in balance sheet .Hence it is not written on left side

Rithani R.C

Rithani R.C

CA Inter

4K+

2

444

adv acc.video no.32 past exam pblm

Accountancy

answered on 09-Aug-21 10:11

in that solution the p and l is not correct it seems if it is correct pls tell me where i lag

latest answer

Which part of the P&L are you referring to

Bhavya Kumar

Bhavya Kumar

CA Final

7K+

4

446