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Redemption of pref shares
Accountancy
answered on 07-Mar-21 15:30
How did â?¹31250 come for calculating CRR ? in Illustration 5
latest answer
thank you sir
Kumar Sarthak
CMA Final
★ 12K+
2
505
Social cost
Accountancy
answered on 08-Mar-21 12:32
How is social cost measured in accounting
latest answer
Reporting as per companies act and filing the financial statements with ROC / income tax department
Reetikaa R
CA Final
★ 7K+
8
474
Which book to be followed?
Accountancy
answered on 09-Mar-21 12:53
This question might sound very basic and silly but i am really sorry i got to ask this in order to come out of the confusion . I have started to study for CA inter group-1 exams. I am confused regarding which book to be followed for accounting standards. I have to follow the accounting procurements, right?? This book contains some parts which are also available in the accounting book.
latest answer
U need to buy.
Sainisha Ramesh
CA Inter
★ 200
9
509
As-2
Accountancy
answered on 06-Mar-21 13:17
Sir in case if inventory is valued at NRV ,how will the cost of inventory be brought down in the books of account , whether the difference between NRV and cost be charged to p and l a/c ?what would be the journal entry?
latest answer
Yes, either
Abhishek Purohit
CA Inter
★ 10K+
4
531
Advanced accounting amalgamation
Accountancy
answered on 06-Mar-21 12:15
12% debentures of 650000 to be redeemed, by the issue of 12% preference shares of M/s. kamia haris Ltd. (face value of Rs 100), at a premium of 10% Sir explain above point and what is the entry for the above and what is the amount we should write in balnace sheet ??
latest answer
12% debentures of amount Rs.6,50,000 will be redeemed by issuing 12% preference shares of amount Rs.5,90,909 with Securities premium of Rs. 59,091. Entry: 12% Debentures to Debentureholders. Debentureholders to 12% preference shares, to SPR
Enuguru Sai Nithin
CA Final
★ 78K+
2
467
Ch 1
Accountancy
answered on 09-Mar-21 19:23
I understood.wat sir taught in video but I can't connect that with this definition.pls explain." A business ,performance ...an agreement "
latest answer
Economic transactions are entered into for purpose of business where usually there is a commercial consideration - that is the meaning
Reetikaa R
CA Final
★ 7K+
5
592
Branch accounts
Accountancy
answered on 06-Mar-21 13:43
Sir ,is stock reserve alc and stock adjustment alc are same?
latest answer
Thank you sir ð???
Subash Chandrabose
CA Final
★ 32K+
2
506
AS-19 Leases
Accountancy
answered on 06-Mar-21 09:58
Doubt regarding finance charges in the pic In the top it is given assuming zero residual value but at 5th year 25000 of guaranteed residual value is added why is it could you please help me sir
latest answer
Ok sir thank you
SREEABITHA SENTHILKUMAR
CA Inter
★ 1K+
4
483
Branch accounting
Accountancy
answered on 06-Mar-21 06:52
Sir, can we prepare both branch cash alc and branch expenses alc
latest answer
Yes. Branch expenses A/c is for ascertainment of total expenses incurred. Branch Cash / Bank A/c tells us about cash flow at branch
Subash Chandrabose
CA Final
★ 32K+
1
494
Balance sheet
Accountancy
answered on 05-Mar-21 11:31
In my college my teachers says if we get net profit add to capital and if we get net loss subtract from capital.till date no one has clarified me why should we add to capital if we get net profit.or why should we subtract capital if we get net loss.please you must only clarify this point sir.
latest answer
Thanks sir
Shreesha .T.u
CA Foundation
★ 2K+
4
535