Forums
Depreciation
Accountancy
answered on 12-Jun-21 09:22
If the question is silent about method of depreciation which method should we follow? Straight line method or written down value method?
latest answer
Follow a method which is appropriate on the basis of the question but give a note as to the method considered.
MATURU HAMSA GAYATRI
CA Final
★ 23K+
4
478
Banking company
Accountancy
answered on 12-Jun-21 19:06
Why 25% of statutory reserve is transferred and in which cases it is applicable practically .
latest answer
As per Section 17 of Banking Regulations Act, 1949, every banking company incorporated in India shall create this reserve fund.
SHEREEN BANU
CA Inter
★ 4K+
1
464
Hire purchase
Accountancy
answered on 12-Jun-21 08:35
In given below question Tractor b is disposed how will be shown in the lecture of hire vendor a/c
latest answer
Hii
Kanaga Mani
CA Inter
★ 3K+
2
512
Doubt
Accountancy
answered on 11-Jun-21 18:23
In this question, general reserve or profit and loss account balance which should be used first for redemption of preference shares ? Becoz if i use first profit and loss balance my answer differs with that of institute ..
latest answer
Thank u sir
Sri kanaga Varshini
CA Final
★ 3K+
2
414
ACCOUNTS
Accountancy
answered on 11-Jun-21 21:48
Can any one send this question solution ?
latest answer
Ration Analysis - FM - CA Inter
Aakash Raavi
CMA Inter
★ 320
4
504
Presentation format - NPO & Incomplete records
Accountancy
answered on 11-Jun-21 12:56
Can accounts such as - Subscriptions (income a/c, asset a/c & liability a/c) & other similar accounts be prepared in T format in working notes in exam? Or is it necessarily to be prepared in Statement format only? I have the same doubts for incomplete records too.
latest answer
Thanks for the clarification!
Sundara Gandhi
CA Inter
★ 4K+
2
427
Conceptual doubt
Accountancy
answered on 11-Jun-21 20:01
Sir ,I want to know the derivation of the below given statements (1)If profit margin is same , selling price is different then cost per unit cannot be same (2) if Gross profit margin is same , selling price proportion is equal to cost price proportion
latest answer
Ok sir thank you
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
10
483
Departmental accounts
Accountancy
answered on 11-Jun-21 18:21
In this book back question from study material, why do we credit the stock reserve of opening stock in general profit and loss account? What does that have to do with FIFO method?
latest answer
That makes sense. Thank you sir.
Mayilvizhi Maan
CA Inter
★ 6K+
4
830
CRR creation
Accountancy
answered on 10-Jun-21 16:48
Should crr be created for the FV of the shares bought face alone?or FV of shares bought back - fresh issue
latest answer
FV of shares bought back - proceeds from fresh issue
K Ca
CA Final
★ 22K+
1
468
Doubt
Accountancy
answered on 14-Jun-21 10:17
Why 1,26,000
latest answer
Rs. 1,26,000 is the loss of reconstruction. So, that amount is debited to general reserve and credited to reconstruction account.
K Ca
CA Final
★ 22K+
2
472