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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
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Good to know ð?¤?ð??»ð?¤?ð??»
Vijay K
CA Inter
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Cfs
Accountancy
answered on 09-Sep-21 16:40
Find answer
latest answer
Okay thank you ð???
Aswini Gorige
CA Inter
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639
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
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please send your answer we will correct if required
Priyanka Udeshi
CFA L1
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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...?
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Ok thank you
Sri kanaga Varshini
CA Final
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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
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As 26
Accountancy
answered on 08-Sep-21 10:08
Is there any loss. Q26. Explain
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Hint there is loss in year 3 , 5 and 6
Aman Mahajan
CA Final
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629
As 26
Accountancy
answered on 07-Sep-21 15:08
Is my answer correct?
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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
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681
npo
Accountancy
answered on 07-Sep-21 10:44
in npo chapter sale of equipment goes to which account b/s or income and expenditure?
latest answer
In normal organization we record the profit that is (sale - wdv) in p/l a/c , cash received in cash a/c and deduct the wdv in balance sheet and charge depreciation accordingly
Fayis E
CA Inter
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As
Accountancy
answered on 07-Sep-21 10:15
As 2 what is mean by segment reporting Can tell me sir /mam with any layman's examples
latest answer
Basically it a standard which tells the treatment of different segments in a company like example reliance , it has footwear also digital also refinery these are segments and reliance is a company, All segments profit and balance sheet are not required to disclosed only the ones which meet any of the 3 reporting criteria , read Indigo learn notes from free resources if you dont understand any part of it let us know
Balachandar S
CA Inter
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BRS
Accountancy
answered on 14-Sep-21 13:27
Pls tell me what does this question mean and wat shd I do ??sub Question 6 ) only
latest answer
Practically, when we deposit cheque received from our customer with our bank, we will increase bank balance as per cash book. Bank account is also credited in Pass book (and it is subject to clearance). But here later, the cheque returned from the bank to whom our bank had sent for collection, so our bank reversed the entry and made a debit of Rs. 3,500. In short, in pass book they first made a credit and then debit i.e. zero effect. But in cash book, we had increased bank balance. This means cash book balance is more by Rs. 3,500. In this particular question, we need to increase overdraft balance further. Hope this clarifies.
Reetikaa R
CA Final
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