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Why we are not calculating drawings ?
Accountancy
answered on 03-Jun-21 12:49
Can any tell why are we not calculating these drawings here
latest answer
Interest on drawing in c point in a point adi effective capital
Aakash Raavi
CMA Inter
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514
Doubt
Accountancy
answered on 03-May-21 13:50
In this question interest accrued on investment and interest on investment is given separately in trial balance but only interest on investment is taken in p&l and accrued interest is shown in balance sheet my question is why accrued interest is not shown in p&l .?
latest answer
So**
Sri kanaga Varshini
CA Final
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2
1K+
Doubt
Accountancy
answered on 02-May-21 18:56
How in this sum cost of purchase is 580000 (Given: adjusted purchases - 420000)see below image
latest answer
Ok thank you
Sri kanaga Varshini
CA Final
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564
As 11
Accountancy
answered on 03-May-21 11:13
Sir In qn 2 Part 1 why do we have option 2.because this part is not dependent or *assumed that loan was not taken for acquisition of asset*.so if there is any forex loss then it should have been charged off Only to *p&l account* why do we have option 2 by treating loss as capitalization of asset.eventhough they assuming loan was not taken for acquisition of asset
latest answer
Thanks sir
S.P. RAYAN
CA Inter
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498
Journal Entries
Accountancy
answered on 02-May-21 19:14
sir can you please provide journal entries with amount relating to Ramesh alone i.e.transactions happened in april 5,7,9,20?
latest answer
We can help you with specific doubts.
Priyanka K
CA Final
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1
572
As16
Accountancy
answered on 02-May-21 19:13
What is actual or imputed cost of equity?can you explain in detail
latest answer
There are various methods with which you can compute cost of equity. Though companies are not obliged for any fixed payout to equity holders, there is an implied cost in terms of expectation of dividend and growth in share price/valuation. You will understand this in detail in Financial Management
Abhishek Purohit
CA Inter
★ 10K+
1
529
Contingent liabiliry
Accountancy
answered on 02-May-21 19:19
Bills Receivable discounted not due why is it a contingent liability
latest answer
If the bill receivable is dishonoured, the party who discounted needs to pay.
Gauri Shete
CA Final
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1
525
Doubt
Accountancy
answered on 02-May-21 08:24
This is an adjustment given in one question of FINANCIAL STATEMENTS of company and the note point relevant for that is also given how to relate the note point with the adjustment o couldn't understand it pls give clarity.
latest answer
Ok sir
Sri kanaga Varshini
CA Final
★ 3K+
2
495
Fire insurance
Accountancy
answered on 03-May-21 21:09
Sir what would be closing stock in trading ac of last year and why please explain
latest answer
Better to keep things, simple and straight
Priyanka Udeshi
CFA L1
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3
481
Doubt
Accountancy
answered on 01-May-21 12:59
This depreciation provision is deducted from the cost of machinery but not shown any where in profit and loss account why?( refer image below)
latest answer
Ok sir thank u
Sri kanaga Varshini
CA Final
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605