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Investment accounts
Accountancy
answered on 08-Sep-21 08:28
When dividend received entry will be Bank a/c Dr To dividend a/c And dividend a/c Dr To p& l a/c. But y in investment a/c again they r crediting dividend (30,000) ???? Dividend should be credited to p& l a/ c ryt
latest answer
Done
anusha athikamsetty
CA Inter
★ 65
2
599
AS3
Accountancy
answered on 08-Sep-21 17:24
When should we adjust for dividend (means add to net profit) under indirect method??? In some answers it is adjusted and in some it is only shown as cash outflow under financing activities ...
latest answer
Ok thank you very much..
Lalit Sanpal
CA Final
★ 6K+
6
570
Valuation of goodwill and shares
Accountancy
answered on 08-Sep-21 09:41
I need an explanation for this
latest answer
Please be specific which point you want
sriram kannan
CFA L1
★ 0
1
598
Retirement of partner
Accountancy
answered on 08-Sep-21 15:52
Please check the highlighted journal entry in the 2nd page, is it write or wrong? Or is it okay to to rearrange those journal like 1) B's capital Dr. 15,000 To L's capital 15,000 2) L's capital Dr. 72,000 To bank 36,000 To B's capital 36,000
latest answer
Good to know ð?¤?ð??»ð?¤?ð??»
Vijay K
CA Inter
★ 9K+
4
677
Cfs
Accountancy
answered on 09-Sep-21 16:40
Find answer
latest answer
Okay thank you ð???
Aswini Gorige
CA Inter
★ 7K+
5
618
AS 20
Accountancy
answered on 08-Sep-21 09:51
What will be the converted no. of debentures Please give the calculation for converted no of debenture
latest answer
please send your answer we will correct if required
Priyanka Udeshi
CFA L1
★ 14K+
2
620
Doubt
Accountancy
answered on 07-Sep-21 20:26
In this question clearly it is not mentioned that there is reconstruction of company is happening but still do we need to infer from the adjustment given that it is a question of reconstruction...?
latest answer
Ok thank you
Sri kanaga Varshini
CA Final
★ 3K+
2
638
Property plant and equipment
Accountancy
answered on 07-Sep-21 16:28
k ltd purchased 50 lakh worth of land for a factory site . the co. demolished an old building on the property and sold the material for 1 lakh the co. incurred additional cost & realized salvaged proceeds during March as follows: legal fees for purchase contract and recording ownerships 2,50,000 title guarantee insurance 1,00,000 cost for demolition of building 5,00,000 compute the balance to be shown in the land account on 31 march balance sheet .
latest answer
the final answer is 57,50,000
Neetu dalal
CA Inter
★ 0
5
2K+
As 26
Accountancy
answered on 08-Sep-21 10:08
Is there any loss. Q26. Explain
latest answer
Hint there is loss in year 3 , 5 and 6
Aman Mahajan
CA Final
★ 19K+
4
609
As 26
Accountancy
answered on 07-Sep-21 15:08
Is my answer correct?
latest answer
We always charge the amortization expenses in PnL at the END of the year. It is clear that at the 1st year end we already knew that the estimates r changed. So we directly used revised data.
Aman Mahajan
CA Final
★ 19K+
3
649