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Accountancy
answered on 13-Sep-21 15:42
How do we treat the contingent liability in balance sheet?
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Ok mam understood clearly thank you
Sri kanaga Varshini
CA Final
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As 5
Accountancy
answered on 01-Nov-21 11:35
Q18 what will be the treatment
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It is prior period assuming it is a material amount to the company
Aman Mahajan
CA Final
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Preparation of financial statements
Accountancy
answered on 11-Sep-21 13:37
In one illustration icai said that preliminary expenses are not shown in the B/S In another illustration icai said that preliminary expenses have been written off in line with AS... What is the correct adjustment
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Ok sir tqq
S.K Anusha
CA Final
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Doubt
Accountancy
answered on 10-Sep-21 19:25
Why do we dr. Creditors in branch accounts under debtors system in this sum ?
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Yeah understood Thank you
Sri kanaga Varshini
CA Final
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Basic
Accountancy
answered on 09-Sep-21 16:24
what is the difference between in the course of business & incidental to business?
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See the difference for expense 1) expense in the course of business - This is an expense which entity normally or mandatorly incurs to achieve its objective of business Example- material cost,operating cost 2) expense incedental to business - This expense entity incurs to its main objective Example- when company sends it's employees to outstation conveyance, lodging,meals expense , gratuities etc
Girinath A
CA Inter
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Partnership accounts. Joint life policy
Accountancy
answered on 11-Nov-22 21:37
Please say where I did wrong JLP realised for 26000.I distributed 26000 But they distributed only 6000(26000-20000{shown in books}).why did they done like that
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I will say thanks at Hyderabad meet sir
Sairam Reddy
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AS 10
Accountancy
answered on 09-Sep-21 08:39
Asset acquired in exchange . Journal entry of the attached question ?
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My pleasure
Chandan Subudhi
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Error in trial balance
Accountancy
answered on 03-Oct-21 17:15
When we will come to whether we have created any compensating or non compensating error in trail balance
latest answer
okay
Harsh sharma
CMA Inter
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Basic doubt
Accountancy
answered on 08-Sep-21 23:24
What is the logic behind using "To" and "By" in Ledger accounts?
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Thank you
Girinath A
CA Inter
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npo
Accountancy
answered on 08-Sep-21 16:10
sale of machine comes to which account b/s or I&E ? ifcomes in I&E which head its come ?
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In case of sale of fixed assets by a non profit organisation the gain or loss if any will be recorded in the income and expenditure account, the cash proceeds will be recorded in receipts and payments account and the cost of the amount is deducted from the respective asset in the balance sheet.
Fayis E
CA Inter
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