powered by logo

Forums

Partnership accounts

Accountancy

answered on 23-Sep-21 22:18

Here why do we have to surrender the value when we are paying the amount annually?

latest answer

Thank you!

Doonika Chunduri

Doonika Chunduri

CA Inter

★ 5K+

4

663

Bonus shares

Accountancy

answered on 23-Sep-21 10:41

Why did profit on sale of machinery transfer to capital reserve and used for bonus issue

latest answer

Because it was realised in cash and they have taken that as a free reserve

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

★ 50

1

609

Rectifications of errors

Accountancy

answered on 01-Oct-21 17:51

I can't understand this question Plz explain this question

latest answer

Good. Re-check your 3b entry and 4th entry 3b is not required. 4th It is sales Dr. not sales return And first entry is Purchase for resale A/c

Sejal Shivani

Sejal Shivani

CA Foundation

★ 5K+

6

878

Partnership accounts

Accountancy

answered on 23-Sep-21 15:42

In the below given question they have written off the existing goodwill of Rs 30,000 but it is revalued to Rs 50,000 then they have not considered and accounted for the remaining 20000 goodwill then where will this 20000 go?

latest answer

Thank you so much ma'am

Soumya A

Soumya A

CA Inter

★ 20K+

4

744

Consignment account

Accountancy

answered on 23-Sep-21 13:29

Pls solve this question as soon as possible

latest answer

Rs 1 per unit

Ketan Goyal

Ketan Goyal

CA Foundation

★ 140

10

684

AMALGAMATION OF COMPANIES

Accountancy

answered on 22-Sep-21 12:31

In amalgamation 44 TH vedio in capital reserve of 300000 that 10000 gets detucted is what wether it is unrealised profit

latest answer

Yes that is unrealised profit in stock

JAYANAND PALLIKKAD

JAYANAND PALLIKKAD

CA Inter

★ 0

1

726

Company

Accountancy

answered on 22-Oct-21 23:06

How a company is differ from the sole proprietor?

latest answer

Ah sorry again ! It was right. It's unlimited liability company

Vijay K

Vijay K

CA Inter

★ 9K+

4

760

Partnership accounts

Accountancy

answered on 23-Sep-21 00:45

In the below attachment they have given wrong answer right? The answer had to be 7:5:3 Can anyone help me out with this

latest answer

It's 7:5:3. It's right

Soumya A

Soumya A

CA Inter

★ 20K+

7

635

Bank Reconciliation Statement

Accountancy

answered on 29-Sep-21 11:06

Prepare Bank Reconciliation Statement

latest answer

Yes but in the pass book we have passed carect entry In cash book wrong entry passed so we make wrong entry to write entry

Aditya Birla

Aditya Birla

CBSE XI

★ 4K+

9

805

Bank Reconciliation Statement

Accountancy

answered on 21-Sep-21 20:22

Prepare Bank Reconciliation Statement

latest answer

Solution

Aditya Birla

Aditya Birla

CBSE XI

★ 4K+

1

651