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Adv accountig exam review

Accountancy

answered on 07-Dec-20 15:43

Whether step Marks would be given

latest answer

Yes.

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

2

614

Partnership

Accountancy

answered on 07-Dec-20 15:47

Can anyone tell the goodwill adjustment and sacrificing nd gaining ratio of partners

latest answer

Yeah done!!

aishwariya  P

aishwariya P

CA Inter

180

2

609

Query

Accountancy

answered on 07-Dec-20 16:22

Where can I access course content ??

latest answer

It covers Departmental Accounts as per Study Material.

Reetikaa R

Reetikaa R

CA Final

7K+

5

663

Partnership accounts

Accountancy

answered on 07-Dec-20 18:41

Here they have credited partners capital account under the head goodwill why is it so??? Arundhati supposed today bit the incoming partner? Why?

latest answer

Yes but we are not supposed to show the amount of goodwill under the head GOODWILL and here they have used the name goodwill

Ram Shete

Ram Shete

CA Inter

2K+

2

653

Promoter stake holding

Accountancy

answered on 07-Dec-20 16:41

Sir/mam.. if authorised share capital is 100cr ..company xyz came with ipo for 80cr ..then what will be the % of promoter stake holding in xyz company ....how it is calculated... If 80cr also get subscribed ...

latest answer

No

Shreesha .T.u

Shreesha .T.u

CA Foundation

2K+

4

677

Adv accounting

Accountancy

asked on 06-Dec-20 13:26

Review of old sylabus paper

latest answer

No answers yet!!

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

0

591

A request to those whose paper 8 is exempt and exams are over.

Accountancy

answered on 07-Dec-20 20:45

My Balance sheet for Amalgamation question did not tally. I want your help to point out where my mistake is. Please. This seemingly easy question gave me a sleepless night. I have attached my answer with workings for Question 3(a). Where is my mistake? How much marks can I expect out of 15?

latest answer

Sir, debentures of High Ltd. will be settled by way of 86.67 lacs and of Low Ltd. by way of 48.53 Lacs. Any cash to be paid to them for fractio of debentures or anything like that is required to affect cash outflow?

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

7

666

Branch accounts

Accountancy

answered on 12-Dec-20 10:35

We can debit the discount and bad debts in branch expenses also na sir instead of directly posting to p&l.. Bcz in previous sum its done the same way

latest answer

Ok sir.

Shru Kanda

Shru Kanda

CA Inter

610

7

620

Bank reconciliation statement

Accountancy

answered on 07-Dec-20 16:24

If such question comes in exam where balance as per cash book and passbook both are given and nothing is given about from whose perspective we have to to prepare BRS...... What should you we do should we consider it to prepare for trader or for Bank?

latest answer

Trader

Ram Shete

Ram Shete

CA Inter

2K+

3

610

Inventory valuation

Accountancy

answered on 09-Dec-20 15:42

Here half of the goods returned and other half not and as per sale on approval we have to show it as inventory.... My doubt is they have deducted it from sale and not added to inventory the for half of the value I am very confused abt the treatment will anyone explain in brief

latest answer

Yes.

Ram Shete

Ram Shete

CA Inter

2K+

6

635