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Ch 1
Accountancy
answered on 09-Mar-21 19:23
I understood.wat sir taught in video but I can't connect that with this definition.pls explain." A business ,performance ...an agreement "
latest answer
Economic transactions are entered into for purpose of business where usually there is a commercial consideration - that is the meaning
Reetikaa R
CA Final
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5
788
Branch accounts
Accountancy
answered on 06-Mar-21 13:43
Sir ,is stock reserve alc and stock adjustment alc are same?
latest answer
Thank you sir ð???
Subash Chandrabose
CA Final
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2
682
AS-19 Leases
Accountancy
answered on 06-Mar-21 09:58
Doubt regarding finance charges in the pic In the top it is given assuming zero residual value but at 5th year 25000 of guaranteed residual value is added why is it could you please help me sir
latest answer
Ok sir thank you
SREEABITHA SENTHILKUMAR
CA Inter
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4
687
Branch accounting
Accountancy
answered on 06-Mar-21 06:52
Sir, can we prepare both branch cash alc and branch expenses alc
latest answer
Yes. Branch expenses A/c is for ascertainment of total expenses incurred. Branch Cash / Bank A/c tells us about cash flow at branch
Subash Chandrabose
CA Final
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1
663
Balance sheet
Accountancy
answered on 05-Mar-21 11:31
In my college my teachers says if we get net profit add to capital and if we get net loss subtract from capital.till date no one has clarified me why should we add to capital if we get net profit.or why should we subtract capital if we get net loss.please you must only clarify this point sir.
latest answer
Thanks sir
Shreesha .T.u
CA Foundation
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694
Accounting for bonus issue (authorized capital)
Accountancy
answered on 04-Mar-21 19:21
In illustration 3 (pg.no 6.10) The authorized capital was increased with full of bonus share ,but you taught that add only number of equity share exceeds authorized
latest answer
In this case, the existing Auth cap is assumed to be the same as issued & subscribed capital before bonus in some cases auth capital is higher than issued & subscribed capital then increase in auth capital will only be number of shares higher than auth capital
Subash Chandrabose
CA Final
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1
652
Notes
Accountancy
answered on 03-Mar-21 14:14
Are any extra problems given in indigo learn for CA Foundation Accounts
latest answer
At the moment no
siva chaitanya
CA Final
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1
694
BIOLOGICAL ASSETS
Accountancy
answered on 03-Mar-21 09:49
Sir, AS 10 excludes biological assets other than Bearer plants from its scope. That indicates Plants including Bearer plants are Assets. But How can the Future economic benefits from a plant can be measured reliably??
latest answer
The criteria is that it would give economic benefits in future. Measurability of future benefit may not be possible always.
SALMAN FARIS
CA Final
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2
887
Average due date
Accountancy
answered on 04-Mar-21 11:01
Sir can you explain this question.
latest answer
Understood sir, thanks
siva chaitanya
CA Final
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22
1K+
Insurance claim PROBLEM 10
Accountancy
answered on 03-Mar-21 11:12
Respective sir. In problem 10 they have given annual turnover of rs 240000 and increase trend of 10% in turnover.. but in finding additional allowable expenses , we didn't use this adjusted annual turnover and Gp.. and we used rs 50000 as Gp,why we didn't use adjusted annual turnover, sir kindly clarify my doubt....
latest answer
This is my solution.
shanu S
CA Inter
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