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Unable to find 2 lesson
Accountancy
answered on 31-Jan-21 10:30
Sir pls help I am unable to find joint venture and royalty accounts chapters .can I know where this chapters are available.
latest answer
it is no longer in syllabus
Shreesha .T.u
CA Foundation
★ 2K+
1
559
ANYBODY REPLY PLSð???ð???ð???ð???
Accountancy
answered on 01-Feb-21 08:11
Goods sent on approval ledger is opened in ledger book but why is it in format of journal?? Please reply
latest answer
Ok,i understood,thanks:)
Santosh pal
CA Inter
★ 820
7
538
Amalgamation
Accountancy
answered on 15-Feb-21 15:50
Sir if cash is not taken by purchasing company then can we consider it as Amalgamation in Nature of purchase.
latest answer
Inorder to incorporate the Statutory reserves,viz,Export profit reserve 200 &Investment allowance reserve 100,an equal debit is given to Amalgamation adjustment account.Here you did not provide the full problem so I can't say how 670 came.please show full question.
makthala venkateswarlu
CA Foundation
★ 510
4
596
Provision for Assets
Accountancy
answered on 30-Jan-21 10:53
If any changes are there for provisioning for std,sub std, doubtful & loss assets for Nov 2020 examination?
latest answer
Okay everthing cleared
Santhosh kv
CA Final
★ 2K+
3
559
shares
Accountancy
answered on 29-Jan-21 16:37
A dealer of shares usually has large number of shares of different companies with him. How does he record those shares: As current investment or inventory (as it is his business) ?
latest answer
Meaning there are no stock dealers in India?
Aman Mahajan
CA Final
★ 19K+
5
517
Final Accounts
Accountancy
answered on 03-Feb-21 09:13
Why preparing income & expenditure account for contract business ( builders ) instead of trading , profit & loss account ?
latest answer
Thank u
Balamurali Unnithan M S
CA Inter
★ 3K+
8
561
Partnership accounts
Accountancy
answered on 28-Jan-21 14:39
Sir in this question Higher relative capital method why the 4,000 balance is not apportioned on profit sharing ratio and overall preference given to partner A ignoring partner B
latest answer
Under Higher Relative Capital Method , the partner who had contributed highest capital in terms of their profit- sharing ratio are paid off prior to the other partners. Thus B is paid the 4,000 without sharing with A
M Naresh
CA Final
★ 3K+
1
528
Going concern
Accountancy
answered on 27-Jan-21 17:21
Why is Joint venture an exception to the going concern concept?
latest answer
If it is formed for a specific purpose, it will not continue forever.
Aman Mahajan
CA Final
★ 19K+
1
535
Prior to incorporation
Accountancy
answered on 27-Jan-21 18:11
In illustration 4, Here debenture interest is charged to post incorporation period. But debentures were issued to settle purchase consideration of vendors which was due in both pre and post period. Why is it not distributed in that ratio?
latest answer
Interest on debenture is a post incorporation expense
Aman Mahajan
CA Final
★ 19K+
1
494
Partneship
Accountancy
answered on 26-Jan-21 21:50
While preparing financials of a partneship firm , how adjust the income tax refund ? Treated as indirect income or capitalise the amount?
latest answer
Okei ..thank u
Balamurali Unnithan M S
CA Inter
★ 3K+
2
515