Forums

Average due date

Accountancy

answered on 04-Mar-21 11:01

Sir can you explain this question.

latest answer

Understood sir, thanks

siva chaitanya

siva chaitanya

CA Final

13K+

22

832

Insurance claim PROBLEM 10

Accountancy

answered on 03-Mar-21 11:12

Respective sir. In problem 10 they have given annual turnover of rs 240000 and increase trend of 10% in turnover.. but in finding additional allowable expenses , we didn't use this adjusted annual turnover and Gp.. and we used rs 50000 as Gp,why we didn't use adjusted annual turnover, sir kindly clarify my doubt....

latest answer

This is my solution.

shanu S

shanu S

CA Inter

150

4

534

Cash book

Accountancy

answered on 02-Mar-21 09:41

In cash book ,should we have separate columns for cash n bank ?? Or combined ?

latest answer

This is only simple adjustment

Reetikaa R

Reetikaa R

CA Final

7K+

15

511

Financial statement

Accountancy

answered on 01-Mar-21 11:03

Where is trade expeneses are put Is it profit or loss account Or trading account Why

latest answer

Indirect expenses are like salary wages, office rent godown rent,stationety, discount paid, loss on fire, depreciation, bad debts Direct expenses purchases sales closing stock etc

nisam M

nisam M

CA Final

23K+

9

655

Cashflow statements

Accountancy

answered on 01-Mar-21 08:07

Is Time deposit with bank is a cash equivalent item?

latest answer

Thank u sir

surya prakash

surya prakash

CA Inter

2K+

2

476

Cashflow statement

Accountancy

answered on 02-Mar-21 17:35

can anyone explain me advance tax in the cash flow statement?

latest answer

The opening provision is set off against opening advance tax. The current advance tax is paid during the year.

Kumar Sarthak

Kumar Sarthak

CMA Final

12K+

1

642

Not For Profit Organisations

Accountancy

answered on 03-Mar-21 10:11

How to treat the general donations & Specific donations?

latest answer

General donation should go to income and expenditure a/c credit side as it is a revenue receipt. Specific donation should go to Balance sheet liability side as it is a capital receipt

Sai Eswar Kolli

Sai Eswar Kolli

CA Final

28K+

4

564

Doubt

Accountancy

answered on 27-Feb-21 22:10

Amount Spent to reduce Working Expenses? Is it Capital or Revenue Expenditure?and How?

latest answer

Welcome

Bharath Sathvik

Bharath Sathvik

CA Inter

490

3

448

Journal

Accountancy

answered on 27-Feb-21 16:26

Pls explain 2(i)

latest answer

2nd

gopika sivaperumal

gopika sivaperumal

CA Inter

6K+

7

481

As-4

Accountancy

answered on 27-Feb-21 03:08

When proposed dividend declared after balance sheet date? Are we need to adjust in balance sheet?

latest answer

Proposed dividend not to be adjusted in the balance sheet date,as per new amendment.It is a non adjusting item

sameer fahad

sameer fahad

CA Final

5K+

1

725