Partnership accounts

answered on 30-Jun-21 12:30

How come that 2000

latest answer

ð??? tqq

Triveni Patil

CA Inter

★ 290

3

354

P&L account

answered on 30-Jun-21 15:15

What if we take a lease of the building to store our finished goods for 50 years, we have show them P&L account or Balance Sheet?

latest answer

Thank you so much, brothers.

Vijay K

CA Inter

★ 9K+

3

397

P&L or Balance Sheet

answered on 30-Jun-21 19:28

If we are paying a rent of our building for 1 year if we are paying the transportation cost for 1year, then we have show these in asset side of balance sheet or we have to show these in expenditure side of P&L account?

latest answer

Current year

Vijay K

CA Inter

★ 9K+

5

413

Redemption of debentures

answered on 30-Jun-21 12:56

In this sum they have not paid interest Sir To debenture holder's.. I am considering interest but Bank A/c is not tallying ..

latest answer

One of the reasons could be question states - Bank Balance on 31-3-20X2, before receipt of interest. On the other hand, you can show it as well. So, assume either ways and give a note about it.

Naresh M

CA Final

★ 75

1

380

Borrowing costs

answered on 30-Jun-21 14:25

Anyone solve this problem.plzz

latest answer

Thank u so much

Likhitha Sivani

CA Final

★ 14K+

6

383

Insurance claims

answered on 29-Jun-21 19:27

In problem no.8 y they calculate upaward trend 15% only for thr last year sales in adjusted annual turnover

latest answer

Ok ji thank you so much

Likhitha Sivani

CA Final

★ 14K+

8

337

Amalgamation question

answered on 29-Jun-21 15:11

In this question out of 5,30,000 1,10,000 preference issued at premium 10%... They saying equity shares of vayu ltd issued at 5% premium.... 400000 is the shares and 20000 is the premium.... How cum 400000& 20000 shares

latest answer

20000 is premium not shares...

Triveni Patil

CA Inter

★ 290

1

348

BANKING COMPANIES

answered on 29-Jun-21 10:16

How they find this value in schedule 13 for the current yr.. of interest/ discount??

latest answer

1. Tax provision and Provision for doubtful debts to be shown separately as provisions and contingencies. 2. Loss on sale of investment to be deducted from profit on sale of investment. These amounts should be added back to Interest earned. (2045+ 148+92+12 = 2297)

Sathiya Bama

CA Final

★ 23K+

1

340

Question

answered on 28-Jun-21 21:27

I have done the calculation near the ques but didn't get answer .plss tell me wat is wrong ??

latest answer

You included cash transaction 9500

Reetikaa R

CA Final

★ 7K+

2

353

Regarding loan

answered on 28-Jun-21 21:27

What is mean by prepayment penalty? What is the use of it?

latest answer

Thank you, brother.

Vijay K

CA Inter

★ 9K+

3

390