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P&L or Balance Sheet
Accountancy
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
466
Redemption of debentures
Accountancy
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
464
Borrowing costs
Accountancy
answered on 30-Jun-21 14:25
Anyone solve this problem.plzz
latest answer
Thank u so much
Likhitha Sivani
CA Final
★ 14K+
6
430
Insurance claims
Accountancy
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
404
Amalgamation question
Accountancy
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
400
BANKING COMPANIES
Accountancy
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
★ 24K+
1
388
Question
Accountancy
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
418
Regarding loan
Accountancy
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
452
Investment accounts
Accountancy
answered on 06-Jul-21 23:08
Sir if we do not consider average cost of sale value for Avg method calculation can it leads any difference sir ? Or Either ways we can do in exams
latest answer
Yupe bro
M Naresh
CA Final
★ 3K+
5
423
Illustartion 7, pg 4.42, Financial statements of company
Accountancy
answered on 27-Jun-21 20:46
Why interest on debentures has double effect even if it is shown in trial balance?? (It is shown under finance cost as well as under other current liabilities)
latest answer
Int on deb not given in trail bal So doubt effect arises One is finance cost and other is other CL
Sambhav Singh Patel
CA Inter
★ 150
1
497