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AS 18

Accountancy

answered on 06-Nov-20 14:08

Is a Co- venturer a related party?

latest answer

Thax sir

Swathi Krishna

Swathi Krishna

CA Final

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510

Buy back of shares

Accountancy

answered on 02-Nov-20 18:49

Sir , Can we use security premium on buyback of shares at premium ?

latest answer

yes

M Naresh

M Naresh

CA Final

3K+

1

511

Banking

Accountancy

answered on 02-Nov-20 00:57

Is the new CRR rate and SLR rate applicable for nov exam ?

latest answer

K

Swathi Krishna

Swathi Krishna

CA Final

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606

How to solve this one?

Accountancy

answered on 02-Nov-20 19:24

Pls do answer

latest answer

Normally how you prepare a profit and loss appropriation account.

Sampath B

Sampath B

CA Final

21K+

3

577

AS 5

Accountancy

answered on 01-Nov-20 14:16

In the illustration 1 of institute's textbook, Shouldn't this be ordinary item which is in the exceptional nature How is this an prior period item ? Since there is no error in the previous years as the information w.r.t bills has been received this year rite ?

latest answer

Bill is received in Feb 2016 i.e 15-16 . It is accounted in 16-17 i.e from 1 April 2016 to 31 mar 2017 - hence it is a prior period item

Swathi Krishna

Swathi Krishna

CA Final

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618

Doubt

Accountancy

answered on 02-Nov-20 18:52

Sir in average due date lecture 2 you calculated base date til that i understand everything but how did you calculate interest on that

latest answer

INterest part is also explained. What is your doubt?

Nilesh Malviya

Nilesh Malviya

CA Inter

655

1

508

Rtp may20

Accountancy

answered on 04-Nov-20 17:32

How is this shares computed, I didn't understand how they have computed in the suggested answers Plzz reply

latest answer

10% preference shares are issued to take care of interest on capital

Swathi Krishna

Swathi Krishna

CA Final

8K+

3

519

Partnership

Accountancy

answered on 01-Nov-20 15:57

Sir ion retirement of a partner if insurance policy is obtained whether they will give sum assured or surrender value ? What in case of death

latest answer

Death - sum assured other cases surrender value.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

539

Partnership

Accountancy

answered on 31-Oct-20 20:36

Sir what does this point mean.

latest answer

Ok sir understood

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

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4

515

Doubt

Accountancy

answered on 01-Nov-20 15:57

Sir why when profit and loss adjustment opened to settle deceased partner's account is shown as asset in balance sheet

latest answer

Its an account with a debit balance.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

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446