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Accountancy
Accountancy
answered on 06-Jan-21 17:19
sir ,is GAAP is universally same ?
latest answer
US has a different GAAP as compared to India. So they may not be same.
Balaji R
CA Inter
★ 6K+
3
725
Doubt in investment accounts
Accountancy
answered on 04-Jan-21 23:20
The dividend is declared for yr ended 31.03. 2011 ...the shares were both on 15.4.2011 .....how in question the dividend of 7500 added to amount .....2012 dividend is only applicable for the shares right ??
latest answer
They have not made any fresh issue the shares were there in 2011 also so dividend will be paid for these shares also and as it is pre acquisition dividend it should be reduced from investment amt
Sachin M
CA Inter
★ 280
1
652
As2 conceptually what
Accountancy
answered on 04-Jan-21 15:43
Historical cost is 425000 and net realizable value is 425000 Inventory will be valued on at lower of the above cost on and NRV Now in this situation which is the most. Concept, Answer is 425000 but the first chance preference will be given to.
latest answer
It will be considered as being valued at cost.
Sultana Sultana
CA Inter
★ 245
1
625
Fr ind as 2 doubt. NEW MODULE FOR MAY 2021 ATTEMPT
Accountancy
answered on 30-Mar-21 15:51
Is ques. Meh 10,200 kha se aya..?? Please help
latest answer
Expected production is given.
himanshu sardana
CA Final
★ 0
3
681
Accountancy
Accountancy
answered on 10-Jan-21 16:36
Meaning of partnership Deed
latest answer
It is a document contains all the terms and conditions between the parties when enter in to business.
Ashutosh shriwas
CA Inter
★ 0
3
664
Bank reconciliation statement
Accountancy
answered on 02-Jan-21 12:31
If overdaraft as per pass book is given what should be treatment of dividend collected by bank 600 was recorded in passbook as 60 and cash book credited as 650. (mistake is in both cash book as well as passbook too)
latest answer
Think of it as two independent errors and adjust accordingly.
Hrishikesh Ransing
CA Final
★ 4K+
1
657
Amalgamation
Accountancy
answered on 02-Jan-21 13:22
Sir in case of Amalgamation in nature of merger 1)can we give preference share holders in cash Or entire Either equity or preference should be in form of shares only. 2)for calculation of 90% in Second condition can we include preference shareholders sir Or only Equity shareholders form part of the 90% calculation..
latest answer
To check amalgamation in the nature of merger, you need to check equity shares only.
M Naresh
CA Final
★ 3K+
2
676
Question 66
Accountancy
answered on 01-Jan-21 07:46
How cum ratios
latest answer
Ok ok got it
Triveni Patil
CA Inter
★ 290
2
653
Cash book
Accountancy
answered on 05-Jan-21 13:05
Can we prepared double column cash book of cash and bank columns.
latest answer
Yes you can.
Pragati Maniyar
CA Inter
★ 5K+
3
744
Cash basis or Due basis
Accountancy
answered on 04-Jan-21 15:43
Hi Sir , Prepare profit & loss account on cash basis or due basis ?
latest answer
Cash basis is simpler. For small businesses, it is easier.
Balamurali Unnithan M S
CA Inter
★ 3K+
8
737