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Exam

Accountancy

answered on 24-Dec-20 12:55

How can we write accounts exam in 1fin app

latest answer

Regret no

siva chaitanya

siva chaitanya

CA Final

13K+

6

539

AS 14 amalgamation

Accountancy

answered on 21-Dec-20 19:56

In case of Absorption (Not amalgamation) Can we follow Pooling of interest method ?

latest answer

Absorbtion is also a form of amalgamation.

M Naresh

M Naresh

CA Final

3K+

1

493

Amalgamation As-14

Accountancy

answered on 21-Dec-20 21:25

In case it is an Absorbtion (Not amalgamation) Can we follow pooling of interest method ?

latest answer

Absorbtion is also a form of amalgamation.

M Naresh

M Naresh

CA Final

3K+

1

508

Amalgamation As-14

Accountancy

answered on 21-Dec-20 17:04

Sir, If any Asset taken by purchasing company is less than book value or more than book value then can we consider it as amalgamation in Nature of purchase ?

latest answer

yes

makthala venkateswarlu

makthala venkateswarlu

CA Foundation

510

1

585

Assets

Accountancy

answered on 21-Dec-20 12:01

Purchased the assets from vendor sum problem occured in machinery so desaid the vendor give to free of cost machinery rs.100000 so have book asset or expenses

latest answer

Was machine given free of cost?

Deva Raj

Deva Raj

CMA Inter

0

1

479

Cashflow statement

Accountancy

answered on 21-Dec-20 12:31

Sir, why "short term investment" is not considered as investing activities in this problem ? Can we show it as Investing activities ?

latest answer

Oh ok.Thankyou sir !

Madhaan S

Madhaan S

CA Final

14K+

2

481

Carriage expense

Accountancy

answered on 10-Feb-21 22:51

Carriage expenses should be entered in trading a/c or profit and loss a/c

latest answer

Carriage on sales in profit and loss account debit side

Nikita Sohani

Nikita Sohani

CA Foundation

140

3

582

Doubt

Accountancy

answered on 21-Dec-20 17:07

What is the difference between 2 questions in the screenshort can u please explain the difference I followed the illustration 10 and solved the practical question in Same manner but I got different answer

latest answer

What is your doubt? the method or the question?

sai t

sai t

CA Foundation

2K+

1

475

Drawing

Accountancy

answered on 19-Dec-20 16:20

Why we debit drawing in current account of partner? It's income to the partner

latest answer

Its not an income. Its amount withdrawn.

Dipti Pethe

Dipti Pethe

CA Foundation

800

1

580

Insurance Claim Doubt - Variation in treatment from PM answer

Accountancy

answered on 31-Dec-20 18:24

What is the correct Treatment of Goods sent on approval - 1. For the Goods approved 2. For the goods Not yet approved While making the Memo Trading Account to calculate Closing Stock.

latest answer

Sir that student was asking for Provisions only...Not about Question. ð???ð???

Kaveesh Sethi

Kaveesh Sethi

CA Inter

2K+

3

647