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Appendix- schedule 3 balance sheet
Accountancy
answered on 08-Jun-21 15:01
Can we expect separate questions only related to schedule 3 balance sheet in the upcoming exams ? I mean from the appendix schedule 3 from icai study material Or only remember the balance sheet format for other chapters?
latest answer
You need to remember Balance Sheet , PL format and notes format. important disclosures have been covered in class.
Aparna PBSS
CA Inter
★ 8K+
1
454
Three column cash book
Accountancy
answered on 08-Jun-21 19:15
Can any one solve this problem and send solution ?
latest answer
14 - Cheque dishonoured and and bank charges. 18- Recovered only 50% of amount from the debtor. Balance bad debt. 22- Received 8,300 from the customer - 8,000 towards debtor balance and 300 towards interest income.
Aakash Raavi
CMA Inter
★ 320
3
601
Internal reconstruction
Accountancy
answered on 07-Jun-21 18:53
In this question they have said that the shares are converted but while solving they have shown like reduction why is it so?
latest answer
Present u have 6000 fully paid up shares of 50 each ...now they want to convert it into shares of 20 each ...u have to reverse share capital with 180000 amount...
Venkatesh Rathinam
CA Final
★ 15K+
3
473
Doubt
Accountancy
answered on 07-Jun-21 18:21
Why in this problem interest on debenture is not accounted any where (especially in bank a/c)..?
latest answer
Thank u sir
Sri kanaga Varshini
CA Final
★ 3K+
2
426
ACCOUNTS
Accountancy
answered on 07-Jun-21 18:59
Can you put this solution .
latest answer
Find the attached answer
Aakash Raavi
CMA Inter
★ 320
2
436
Amalgamation
Accountancy
answered on 05-Jun-21 20:08
As the conditions for merger is satisfied can i solve this prob using pooling of interest method and write an assumption that the same is followed?
latest answer
Yes. After taking necessary assumptions.
Venkatesh Rathinam
CA Final
★ 15K+
1
451
Banking company
Accountancy
answered on 04-Jun-21 07:43
Statutory liquidity ratio applicable for may 2021
latest answer
18%
sabarish s
CA Final
★ 2K+
1
450
Final Accounts
Accountancy
answered on 05-Jun-21 10:06
Is the solution given is wrong? Because of 5%of â?¹1400000 instead of 5%of â?¹1500000
latest answer
Provision = (Trade receivables - Bad debts) x Provision rate = (15,00,000 - 1,00,000) x 5% = 70,000
Gopal Garg
CFA L1
★ 5K+
5
576
insurance claim for loss
Accountancy
answered on 04-Jun-21 09:31
Is it compulsory to use Memorandum trading a/c to compute value of goods before fire(closing stock), or can we use any method(using statement of valuation of closing stock) to compute closing stock. if so, how to know which method is appropriate?
latest answer
Not compulosry. Statement can also be used. But Trading A/c is preferred as chances of errors are less. Happy studying!
ALDRIN G
CA Inter
★ 12K+
1
455
Doubt
Accountancy
answered on 03-Jun-21 12:48
On redemption of debentures with premium , we would write of the premium on the year of issue itself but in this sum they have redeemed it on the year of redemption why ?
latest answer
Ok sir
Sri kanaga Varshini
CA Final
★ 3K+
2
435