Forums
Fire insurance
Accountancy
answered on 11-Feb-21 12:37
Does normal sales include or not include damaged goods ?? Pls state with reason
latest answer
Abnormal items of goods should be excluded while preparing trading account
Reetikaa R
CA Final
★ 7K+
6
567
accounting standards
Accountancy
answered on 10-Feb-21 20:51
what are the AS are comes under inter Group 1 and group 2 ?
latest answer
Tq Deepak
Thippeswamy G Lucky boy
CA Inter
★ 4K+
2
567
Calculation of claim incase of loss of profits
Accountancy
answered on 11-Feb-21 12:41
The company incurred additional expenses amounting to ` 9,300 immediately after the fire and but for this expenditure, the turnover during the period of dislocation would have been only ` 55,000 (could u plz explain this)
latest answer
This information is used to carry out additional expense which are allowable at the time of calculation of claim
GOKULA LAKSHMI
CA Final
★ 21K+
3
557
Dependent, independent and foreign branch chapter
Accountancy
answered on 10-Feb-21 20:51
Sir i have purchased the above stated individual chapter.vedio number 24 time 8.10minutes. why have you not removed or reduced the invoice price which branch returned or sent goods to head office
latest answer
Tq ruchi
youtube movies
CA Inter
★ 110
3
537
Financials Preparation
Accountancy
answered on 07-Feb-21 10:11
Preparing financials of a company , with the help of AS 7 , contracting business , as per GST provision 2 % GST - TDS applicable on reciving payments from Govt .Departments , but the assessee not any documents regarding the same & its not identified from GST returns , how adjust the amount while preparing financials ?
latest answer
Ok
Balamurali Unnithan M S
CA Inter
★ 3K+
7
507
managerial remuneration
Accountancy
answered on 08-Feb-21 10:13
do we need to deduct interest on debentures from gross profit ?
latest answer
yes
Kumar Sarthak
CMA Final
★ 12K+
1
488
Dissolution
Accountancy
answered on 06-Feb-21 11:34
What's the treatment of Private Estate & liabilities?
latest answer
Will be treated as normal income
Swetha S
CA Inter
★ 15K+
1
517
Investment accounting
Accountancy
answered on 05-Feb-21 10:51
In below answer why, we did not written dividend in amount coloumn, even though it is pre aquisition dividend .
latest answer
Can you share the question as well?
Star Ca
CA Inter
★ 3K+
2
483
Fire insurance
Accountancy
answered on 04-Feb-21 19:06
Waht does the insurance company compare the insured stock with ?? STOCK ON THE FIRE OR DAMAGED GOODS ??
latest answer
Total stock as on date of fire.
Reetikaa R
CA Final
★ 7K+
1
476
Rectification of error
Accountancy
answered on 03-Feb-21 12:02
When do we need to use p&L adjustment account for rectification of errors
latest answer
For rectifying the errors detected in the next accounting period, a special account 'Profit and Loss Adjustment Account' is opened for correction of amounts relating to expenses and incomes.
nisam M
CA Final
★ 23K+
1
454