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Rectification of errors
Accountancy
answered on 19-Apr-21 10:58
Can u clear the first entry
latest answer
I have already shared the correct entry with you
THARUN KUMAR EKAMBARAM
CA Foundation
★ 18K+
11
769
Doubt
Accountancy
answered on 17-Apr-21 10:04
Dr. Balance in bank current account means it is overdraft so it is to be shown under current liability but in this question, in ans key it is treated as like that of cr. Balance. Which is correct?
latest answer
S sir thank you
Sri kanaga Varshini
CA Final
★ 3K+
2
898
Investment account
Accountancy
answered on 17-Apr-21 08:58
How do we got the cost amt? Formula for the valuation of equity shares 615000*500000/750000 can any one tell the formla of this
latest answer
Tq u
Sandhya K
CA Inter
★ 5
3
815
Notional expense or Loss
Accountancy
answered on 16-Apr-21 18:53
Is depreciation a notional expense?And Loss on sale of fixed asset is notional loss or not.if not, What should we call it.?
latest answer
Depreciation is operating expenses Loss on sale of fixed assets is non operating expenses
Pranav Connecting...
CA Inter
★ 4K+
4
1K+
Ca final -ind as 19
Accountancy
answered on 20-Apr-21 14:21
What is unamortized past service cost?
latest answer
Here it is a gain from curtailment and not a cost
Teena Goyal
CA Final
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7
1K+
AS 14
Accountancy
answered on 16-Apr-21 10:57
Sir /madam Please explain, the calculation of debentures
latest answer
Thanks a lot sir
Bliss Full
CA Inter
★ 580
2
807
Investment account
Accountancy
answered on 15-Apr-21 21:21
In the average cost how do we got average cost?
latest answer
Bonus shares have no cost. So, purchase amount is spread over total shares (Shares purchased + Bonus shares)
Sandhya K
CA Inter
★ 5
2
763
Investment accounts
Accountancy
answered on 15-Apr-21 18:17
How do we got the interest amt
latest answer
Interest will be paid half yearly on 31st of March and 30th of September. 1. On the date of purchase i.e. 1st December. 2 months interest got accrued. (October and November). Interest= 10 lakhs *12%*2/12 = Rs. 20,000 2. On the date of sale, i.e. 1st March. 5 months interest got accrued. (October, November, December, January and February) Interest= 10 lakhs *12%*5/12 = Rs. 50,000
Sandhya K
CA Inter
★ 5
1
665
Grossing up divided
Accountancy
answered on 15-Apr-21 16:47
Is there any changes in the rate of DDT ???? Which was 17.472 something...
latest answer
No longer applicable
thangam shiva
CA Inter
★ 10K+
2
698
Golden rule of accounting
Accountancy
answered on 15-Apr-21 14:15
For the 1st example the nature of account was mentioned as personal for both transactions but in the demo class they said real and person ... please do explain it
latest answer
Okkay ...
mifra tajroon
CA Inter
★ 10K+
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922