Forums
Cash flow statement
Accountancy
answered on 13-Jun-21 20:58
Sir , if opening and closing current investments is given , Can we put in Investing activity. (or ) can we adjust in working capital changes.....?
latest answer
If it is normal business, then it is investing activity. If the business is investment business, then it is operating activity
M Naresh
CA Final
★ 3K+
1
501
Rectification of error
Accountancy
answered on 12-Jun-21 20:38
Please answer entry no. i and v
latest answer
These are the journal entries Hope it helps you
Munaf & Team
CA Foundation
★ 830
1
560
Doubt
Accountancy
answered on 14-Jun-21 15:41
Sir how much time is to be taken to complete a problem asking to prepare (p&l , balance sheet and notes to account ) & (balance sheet with notes to account alone ) CHAPTER: FINANCIAL STATEMENTS (4)..
latest answer
180 minutes 100 marks - so per mark 1.8 minutes - pls base your computation on that - briadly
Sri kanaga Varshini
CA Final
★ 3K+
4
590
Bonus issue
Accountancy
answered on 12-Jun-21 16:55
Why is credit balance of p/l in R&S not taken for bonus issue?
latest answer
You can take. But last priority
Pushkala S
CA Final
★ 3K+
1
530
What is temporary capital?
Accountancy
answered on 17-Jun-21 10:16
Classification of many accounts under accounting equation method is done as "temporary capital". For eg- bad debts, drawings, depreciation, discount allowed etc. What does temporary capital mean?
latest answer
Yes, the accounts which come under P&L account are considered as Temporary capital
Ronit Burad
CA Foundation
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5
2K+
exam pattern
Accountancy
answered on 12-Jun-21 13:06
what is the question pattern of accountancy paper how much mark they ask theory question and practical ?
latest answer
https://resource.cdn.icai.org/57148bos46296.pdf
Fayis E
CA Inter
★ 5K+
2
567
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
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4
556
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
547
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
591
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
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2
485