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AS-12

Accountancy

answered on 25-Jun-21 23:39

Should balance of Deferred government Grant be shown in asset side of balance sheet?

latest answer

Sorry not under reserve and surplus but after reserves and surplus

sai krishna teja

sai krishna teja

CA Inter

940

2

573

Going concern

Accountancy

answered on 27-May-21 20:00

Good evening Sir! Will provision for doubtful debts be provided if an enterprise is not going concern?..

latest answer

Welcome

Pushkala S

Pushkala S

CA Final

3K+

3

554

Framework for preparation and presentation of FS

Accountancy

answered on 27-May-21 20:49

Good evening Sir! I hve a doubt in this question... No 1 and 3 1.How will dividend increase equity and assests? 3.How does rent o/s increase equity?

latest answer

Thank you soo much Sir!!

Pushkala S

Pushkala S

CA Final

3K+

2

519

CAF Inventory which method we should follow for sale of abnormal item

Accountancy

answered on 27-May-21 17:46

In inventory valuation what is the effect of abnormal sales? Method1 We must deduct book value of abnormal goods from stock and sale of abnormal item from total sales Method2. Deduct sale of abnormal item from total sales and deduct loss on sale of abnormal from gross profit

latest answer

Follow Method 1

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

1

533

Caf what happened in pass book for 7 th point

Accountancy

answered on 27-May-21 19:57

In 7 th point is it deposit cheque? What happened in pass book to dishonour either debit or credit in 7 th point ? Did cash book debit for such deposit in 7 th point?

latest answer

As on 30th June, cash book is over stated by 11,00,000. Since, the reconciliation is being made based on bank pass book, it has to be added to the same. No change is to be made in the cash book.

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

3

511

Bonus issue (Balance sheet extract)

Accountancy

answered on 27-May-21 18:37

Is sufficient to prepare notes pertaining to balance sheet - while the requirement of the question is to prepare balance sheet extract? In other words, are notes pertaining to balance sheet-extract of balance sheet?

latest answer

Thankyou sir

Rinuja TK

Rinuja TK

CA Inter

10K+

2

574

Cash flow statement

Accountancy

answered on 27-May-21 11:24

How to calculate depreciation 15/85 Ã? 765000( why take 85 in denominator

latest answer

Thanks so

JENIH FATHIMA

JENIH FATHIMA

CA Inter

0

2

600

Claim for loss of profit

Accountancy

answered on 27-May-21 11:27

Entity following calendar year. trend adjusting FY basis why? Anyone please (insurance claims) in respect of short sales calculations we adding trend on standard sales(corresponding PY sale)

latest answer

Thank you sirð?¤?

Krishna kumar

Krishna kumar

CA Final

9K+

3

465

AS-2 OTHER COST

Accountancy

answered on 26-May-21 15:12

I couldn't understand concept of the topic "other cost"

latest answer

Ohh okay â?ºï¸?ð??? thankyou

AbithaSuku S R

AbithaSuku S R

CA Inter

2K+

4

570

AS 16

Accountancy

answered on 25-May-21 21:32

Construction of building was stopped due to lock down then do we need to capitalise the borrowing cost incurred during that period or debit to p and l a/c?

latest answer

Tq

bsai partish

bsai partish

CA Final

2K+

2

648