Forums
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
CA Final
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543
Partnership
Accountancy
answered on 31-Oct-20 20:36
Sir what does this point mean.
latest answer
Ok sir understood
Sri kanaga Varshini
CA Final
★ 3K+
4
518
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
CA Final
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1
447
departmental ACCOUNTING --GRAM UDYOG QUESTION
Accountancy
answered on 04-Nov-20 18:06
2nd adjustment (doubt ) when khadi department transfers goods to silk department , why silk department calculating mark up on 6900 , the khadi departments sells at 9200 know and that will become cost of silk department right so ideally they should calculate on 7200.
latest answer
It is not a transfer from one department to other as a normal transfer. Goods purchased for one department has been given to another.
nisam M
CA Final
★ 23K+
3
745
Partnership
Accountancy
answered on 02-Nov-20 19:22
Case i
latest answer
Existing ratio 5:3:2 Now B & C should also be in ratio of 5:3 If B is 5 then C has to be 3 If B is 3 then c has to be 3 x 3 /5 = 9/5 So 5:3:9/5 25:15:9
ALDRIN G
CA Inter
★ 12K+
5
517
Final account
Accountancy
answered on 31-Oct-20 17:39
Sir difference between direct and indirect expenses how should identify in questions
latest answer
Tq sir
G.c.hemalatha Reddy
CA Foundation
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2
511
TDS
Accountancy
answered on 30-Oct-20 16:11
Is TDS attract when software is sold
latest answer
No.
Navnath Karande
CA Final
★ 140
1
499
Partnership Accounts.
Accountancy
answered on 11-Nov-20 00:09
Partnership Accounts. 2.Calculation of Goodwill. Which method to use when it is not specified if we need to use Average profit method or weighted Average profit method for calculating Average profits.
latest answer
Its ok Aldrin G
ALDRIN G
CA Inter
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3
538
Amalgamation
Accountancy
answered on 30-Oct-20 12:47
If preference shareholders of selling co are settled with a consideration of by giving debentures of buying co... what is the impact at Balance sheet?
latest answer
Debentures balance would increase
anju B
CA Inter
★ 21K+
1
519
AS 26
Accountancy
answered on 30-Oct-20 12:53
In this why did the purchase tax is added after taking into consideration the import duty . Shouldn't purchase tax be computed on the purchase price ie 4940000?
latest answer
Generally in imports, such taxes are charged on full value including customs duty.
Swathi Krishna
CA Final
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1
525