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answer format
Accountancy
answered on 26-Jul-21 10:46
At the time of writing answer, is there any problem if we write working note first then answer required?
latest answer
Not an issues bro but for better presentation normally we used to write the working notes at bottom if answers even if u write the working notes first and answers later also no problem they will give u marks.
Hai Iam Anas
CA Inter
★ 8K+
1
413
Amalgamation
Accountancy
answered on 31-Jul-21 17:20
In Illustration 6 of module why is Realisation trf at 422500 when the closing amt of profit was 382500?
latest answer
Yes !
Priyanka Udeshi
CFA L1
★ 14K+
10
530
Npo
Accountancy
answered on 26-Jul-21 11:56
Sir/ma'am I have a doubt about the provision for depreciation in the below question as to how to treat it correctly and I also want some explanation regarding provision for bad debts
latest answer
Please post the question and clearly state your query
Soumya A
CA Inter
★ 20K+
1
431
Cash flow statement
Accountancy
answered on 24-Jul-21 14:46
Why provision for depreciation is added to balance brought down and carried down
latest answer
Thank you very much sir,. The answer was very clear and in understandable... thank you sir
Susai Yappan
CA Inter
★ 12K+
4
497
AS 19
Accountancy
answered on 01-Aug-21 19:53
In AS19 definition of financial lease what is the meaning of - 1. major part of economic life 2. MLP amounts to substantially FV of leased asset what can be considered as the exact % or amounts considered substantial or major
latest answer
Thankyou!!
Priyanka Udeshi
CFA L1
★ 14K+
3
570
Solution for the following
Accountancy
answered on 24-Jul-21 08:41
Solution for 3,5 and 6 true or false Solution for 4 th fill in the blank
latest answer
3rd will be False - as they are known as IndAs
MATURU HAMSA GAYATRI
CA Final
★ 23K+
4
494
Depreciation
Accountancy
answered on 24-Jul-21 16:25
I have worked out this problem. Please check the answer.
latest answer
It is a good practice to open depreciation account
Vijay K
CA Inter
★ 9K+
18
576
Final accounts
Accountancy
answered on 24-Jul-21 08:34
In this question closing stock is given in trial balance and purchases is not given in question. How to get them?
latest answer
Just write COGS on debit side of Trading & P&L A/c. Take closing stock directly on asset side of balance sheet
siva chaitanya
CA Final
★ 13K+
7
465
Final accounts
Accountancy
answered on 24-Jul-21 08:33
Sir, here the fire broke out on 1st April 2018 but the financial year closes on 31st March 2018. So should we consider this adjustment in final accounts or not?
latest answer
No, we shall not consider it.
siva chaitanya
CA Final
★ 13K+
3
456
Treatment of membership fees and entrance fee
Accountancy
answered on 24-Jul-21 12:37
If nothing is specified in the question how should we treat membership fee and entrance fee in npo?
latest answer
You mean whether income or not? You can show in Income and Expenditure and put a note.
MATURU HAMSA GAYATRI
CA Final
★ 23K+
1
452