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TO and BY in the account
Accountancy
answered on 14-Mar-21 21:04
sir is it compulsory in CA exam to write TO IN debit side and by in credit side with respective account in the ACCOUNT ?
latest answer
ok sir
nisam M
CA Final
★ 23K+
5
629
Partnership A/C
Accountancy
answered on 13-Mar-21 16:51
Hello Sir/Mam When we do memorandum revaluation A/C , we should adjust the bal. Fig b/w the outgoing partner or incoming partner and existing partners. My question is Can we prepare memorandum revaluation A/C without any change in partnership?
latest answer
Ok mam :)
Meda Jeevansai
CA Final
★ 21K+
2
549
Admission of partner
Accountancy
answered on 13-Mar-21 16:27
Why that entry (coloured part) has been passed in partner capital accounts
latest answer
It will tally. Increase in Bank by 25,000 and Beeta's capital by 25,000
siva chaitanya
CA Final
★ 13K+
5
674
AS 2
Accountancy
answered on 12-Mar-21 22:04
In question 4 how we know that excise duty is at rs10/unit
latest answer
It got missed in the question. Please read it as : Purchase price includes an excise duty of Rs. 10 per kg in respect of which full CENVAT credit is admissible.
Agness Blessy
CA Final
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3
650
Admission of partner
Accountancy
answered on 12-Mar-21 22:45
Why workman compensation fund is going to partners capital accounts
latest answer
Workmen Compensation is a type of insurance policy that safeguards an employee against any injury or death during the job time. By the statement "no actual liability" they mean, nothing from the fund was utilised to compensate any injury
siva chaitanya
CA Final
★ 13K+
3
670
Treatment of goodwill in partnership accounts
Accountancy
answered on 13-Mar-21 16:27
This is illustration 11 sir. Can u explain (a) adjustment point
latest answer
Ok mam
siva chaitanya
CA Final
★ 13K+
12
652
Employee stock option
Accountancy
answered on 12-Mar-21 11:20
In illustration 6 , the unvested options were reduced in that year itself but before this sums , instead of reducing the unvested options in the same when it was unvested ,we transferred them to general reserve of the next year. - can we do in both the manner?
latest answer
Yes. We can do either ways
venkatesh sundharamoorthy
CA Final
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1
530
Final accounts
Accountancy
answered on 15-Mar-21 12:08
Can anyone plz explain the 6th adjustment ?
latest answer
OK sir thank you
Meda Jeevansai
CA Final
★ 21K+
6
1K+
liquidation of companies
Accountancy
answered on 11-Mar-21 13:53
in illustration 6 as per the indigo learn material why we are not including outstanding expenses excluding mortgage intrest were settled for 2000 in payments side
latest answer
It is an error . Thanks for highlighting. We will rectify
satya nagulapalli
CA Inter
★ 150
1
561
Cash flow statement
Accountancy
answered on 11-Mar-21 12:39
In this sum how to calculate tax provisions and advance tax
latest answer
Good topic. Please refer video at serial 15, 16 (Illustration 5) under Cash Flow Statement - faculty has beautifully explained this calculation.
Prasanna Venkatesan
CA Final
★ 3K+
1
545