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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

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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

3K+

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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

Sri kanaga Varshini

CA Final

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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

nisam M

CA Final

23K+

3

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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

ALDRIN G

CA Inter

12K+

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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

G.c.hemalatha Reddy

CA Foundation

150

2

511

TDS

Accountancy

answered on 30-Oct-20 16:11

Is TDS attract when software is sold

latest answer

No.

Navnath Karande

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

ALDRIN G

CA Inter

12K+

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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

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

Swathi Krishna

CA Final

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