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Accountancy
answered on 16-Jun-21 16:34
For example , in the 15% debentures account , the opening balance is � 500000 and new issue of 15% debentures is issued on discount of �35000 on 1/4/x1 is � 250000. If it is it a issued on discount and why do we calculate the interest on the face value instead of the remaining paid value ( I.e . �215000). 
latest answer
Payments can't keep changing, on market value / paid value of Debentures. Interest is always paid on face value, price keeps changing considering return-cost analyses.
Susai Yappan
CA Inter
★ 12K+
1
604
Doubt
Accountancy
answered on 16-Jun-21 20:59
Sir in super profit method how can we identify where the annuity is present or future to calculate goodwill
latest answer
Only one annuity value will be given in question
sai t
CA Foundation
★ 2K+
13
563
weightage
Accountancy
answered on 16-Jun-21 10:47
are department accounts and branch accounting chapters important? can i leave it as option?
latest answer
We encourage students to write exams with full prep. As per ICAI weightage pdf, https://resource.cdn.icai.org/57148bos46296.pdf (pg 21/66) these 2 chapters along with Incomplete records is clubbed into unit that comprises 20-25% weightage
Pooja .
CA Final
★ 210
1
591
Profit or loss pre and post incorporation
Accountancy
answered on 16-Jun-21 10:42
Sir, Why loss on sale of investments relates to pre incorporation period?
latest answer
Generally, date will be given, If not given, you can assume either way and mention accordingly
Rinuja TK
CA Inter
★ 10K+
4
579
Capital Expenditure and Revenue Expenditure
Accountancy
answered on 15-Jun-21 21:02
Sir.. Please give answers
latest answer
We cannot provide such answers. You please let us know which specific issue you have doubt and we shall help you.
Shaguftha Jabeen
CMA Inter
★ 0
1
702
Accounting standards
Accountancy
answered on 16-Jun-21 11:10
3 Last question in As 4 ( question illustration 6,7) As 5(question : illustration 6 ,7,8) As 29 ( question: illustration 12,13) Where is questions taken from where we can take the print send link or each standard 2018 questions paper no question like this 2019 , 2020 Please help me
latest answer
All the previous year question papers, RTPs, MTPs and suggested answers are available in "Free notes + resources" in IL app. You can go through them.
Sultana Sultana
CA Inter
★ 245
1
696
Compulsory question
Accountancy
answered on 15-Jun-21 12:42
From which chapter compulsory question be asking in advance account old syllabus like asking from partnership in paper one
latest answer
Generally Accounting Standards.
Triveni Patil
CA Inter
★ 290
1
531
Cash book, Illustration 5, pg 2.84-2.85
Accountancy
answered on 16-Jun-21 18:31
For the transactions on 6 and 7 march, Srijan and Adit were credited and debited respectively for rs 6200. Then again the same was done when the amount was actually paid on 12 march. So isn't it wrong that two entries have been passed, although the payment is made only once? Both srijan and adit have their account credited and debited respectively for 12400 (6200+6200), when it should have actually been for 6200 only. So why is this entry passed twice?
latest answer
I hope your doubt is clarified Mark it as best answer
Ronit Burad
CA Foundation
★ 4K+
4
581
Average due date
Accountancy
answered on 14-Jun-21 19:21
Explain 6 th true or false?
latest answer
Hope u understood
MATURU HAMSA GAYATRI
CA Final
★ 23K+
4
598
Financial statements of companies
Accountancy
answered on 14-Jun-21 18:22
Bank overdraft and cash credit should be shown under other current liabilities or short term loans and advances? Sir
latest answer
Ok sir thank you
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
3
591