Forums
Journals
Accountancy
answered on 18-Aug-21 10:13
Goods(cost price rs.200;sales price rs.250) taken by proprietor for personal use Ans: drawings a/c dr. To purchases a/c My doubt is what amount is to be recorded here cost or sales price and why?
latest answer
Thank you ��
gopika sivaperumal
CA Inter
★ 6K+
2
725
Issue of shares
Accountancy
answered on 18-Aug-21 06:02
Will it really work in real company like call up capital and called up arrears.... When companies issue ipo in stock market
latest answer
fine sir thank you
Aditya A.D
CA Foundation
★ 10K+
2
541
Sales ratio
Accountancy
answered on 22-Aug-21 20:31
Can anyone please find a sales ratio for the below attached question
latest answer
.
Susai Yappan
CA Inter
★ 12K+
7
675
Provision for discount
Accountancy
answered on 17-Aug-21 11:29
Generally the discount is allowed by the firm to those who bought goods from them. So why we have to give a provision for the discount? Explain with some examples please.
latest answer
Now I understood, thank mam.
Vijay K
CA Inter
★ 9K+
4
636
1 Fin app
Accountancy
answered on 17-Aug-21 11:14
Sir I just now see the option known as " leave tracker ". What is it? And what is the use of it?
latest answer
Thank you sir
Vijay K
CA Inter
★ 9K+
3
654
Profit or loss pre-and post incorporation
Accountancy
answered on 16-Aug-21 21:40
Book back question, question no.3. About gross profit ratio. Since months after incorporation is 8 months , Why did they multiply the 30% with 10 X instead of 8X 
latest answer
Thank you soo much brother
Susai Yappan
CA Inter
★ 12K+
2
571
Redemption of Preference Share
Accountancy
answered on 16-Aug-21 09:32
Why crr created with 33750... Equity share are issued of nominal value of 33750 then crr should be 31250 (65000-33750)
latest answer
Yes
Devendra Rajput
CA Inter
★ 425
3
537
Forfeiture of fully paid up shares?
Accountancy
answered on 16-Aug-21 08:29
How can fully paid up shares be forfeited? Please refer the image and reply
latest answer
Ok mam. Thank you
Sibi Srinivasan
CA Final
★ 22K+
2
2K+
Listed companies
Accountancy
answered on 15-Aug-21 09:28
In the company accounts chapter, there is a statement " shares of private company are not listed on stock exchange". But in reality, most of the listed companies are private in nature. Please explain.
latest answer
Hvh
Sibi Srinivasan
CA Final
★ 22K+
10
804
Inventory
Accountancy
answered on 14-Aug-21 09:24
What is the meaning of the Term inventory?
latest answer
Both are simultaneously used and no difference it's just the terminology that differs.
Rishi Kumar
CMA Inter
★ 6K+
3
677