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Internal Reconstruction
Accountancy
answered on 09-Aug-24 20:23
Please explain journal entry no. 5
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Better
Sagar Kathuria
CA Final
★ 3K+
4
195
AS22
Accountancy
answered on 11-Sep-24 20:34
How to solve this question Method ?
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Thanks a lot
Lucky Ten
CA Inter
★ 0
5
292
AS 22
Accountancy
answered on 13-Aug-24 11:46
How to solve 7 th question. Method?
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https://youtu.be/WMJWDyKp3X0?si=6a4M0eQGxOsmMU_e
Lucky Ten
CA Inter
★ 0
1
224
Transactions and Events
Accountancy
answered on 12-Aug-24 10:19
Since transactions are all the activities of the business and events are the positions, can we say that transactions are all those which are found in P/L and that events are all that is reflected in the B/S?
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Event is nothing but the final outcome of business activity, which affects the account balances of a company Transaction involves exchange of goods/services for value between more than one party, firm or accounts
Devika Venu
CA Foundation
★ 5
2
226
Buy Back
Accountancy
answered on 07-Aug-24 23:32
Why did we create Capital Redemption Reserve 300000 and not 500000? (4th Journal Entry)
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Got it ... Thanks
Sagar Kathuria
CA Final
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2
173
Consolidation
Accountancy
answered on 07-Aug-24 11:06
Also why havent they made any dividend adjustment to compute pre and post acquisition profits here?
latest answer
Adjustments in pre or post acquisition profits are mode only when dividends are PAID. In this question, the dividends are not yet paid and thus ,no treatment in pre or post acquisition of profits.
Niveta Rajkumar
CA Inter
★ 6K+
1
237
consolidation
Accountancy
answered on 13-Aug-24 11:44
in the solution to the given question why have they included entire 10 lakhs of preference capital in minority interest and why they haven't considered it in the cost of investment made to subsidiary ?
latest answer
Any ownership interest that is not owned by parent company is considered as minority.
Niveta Rajkumar
CA Inter
★ 6K+
2
252
Inventory
Accountancy
answered on 08-Aug-24 10:29
Explain about the inventory taking
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Assume you shd have done physical checking of inventory on 31 st march and you did not conduct physical checking, and same was conducted on 15th april , so we have to do reverse calculation based on information given what was the stock on 31st march Inventory taking means physical checking of inventory with books,
Ramikasri Saravanan
CA Foundation
★ 0
5
210
Inventory
Accountancy
answered on 07-Aug-24 09:11
Explain the concept about inventory taking
latest answer
We will calculate the closing stock as on 31st march. The transactions that were made after 31st march till 15th april will be adjusted to the closing stock on 15th april to arrive the closing stock as on 31st march
Ramikasri Saravanan
CA Foundation
★ 0
1
178
As 10
Accountancy
answered on 06-Aug-24 16:00
4 th one how to calculate . Method
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Thank you
Lucky Ten
CA Inter
★ 0
2
186