Forums
Buy back
Accountancy
answered on 30-Oct-20 16:14
Why is the amount transferred to CRR is 300 here ??
latest answer
Preference shares of 200 issued for buy back. So balance 300.
anamika vardhan
CA Inter
★ 1K+
3
527
Partnership
Accountancy
answered on 29-Oct-20 06:57
Sir in sum if they ask journal and partner's capital account is it necessary to show first journal
latest answer
OK thank you
Sri kanaga Varshini
CA Final
★ 3K+
2
503
Cloud Software Vs On Premise System
Accountancy
asked on 28-Oct-20 14:08
Cloud Accounting Software Vs on Premise Accounting System - Which Is Better and Why?
latest answer
No answers yet!!
Seema Singh
Qualified CA
★ 0
0
537
Wrong amount in problem
Accountancy
answered on 31-Oct-20 11:17
In ipcc old syllabus-Chapter Liquidation -Illustration 6 - trade payables written as 75500 instead of 73500, with these effect total cash available 2,52,700 but shown 2,50,700..pls correct it and distribute The cash available Again...
latest answer
Ok
seshu Kumar
CA Inter
★ 61K+
5
484
Employee stock options plan
Accountancy
answered on 28-Oct-20 13:00
Sir is there any entry for stock options lapsed within the vested period
latest answer
You can do when lapsed or towards the end.
subramanyam yendakuarthi
CMA Final
★ 4K+
1
501
Good will
Accountancy
answered on 28-Oct-20 13:04
Sir here why interest on capital is not deducted for 3 years .also salary is deducted from avg.profit only for 1 year But that avg. Profit is for 3 years . So we should also reduce interest and remuneration for 3 years right ??
latest answer
Ok sir
Sri kanaga Varshini
CA Final
★ 3K+
2
520
Sacrificing ratio or profit sharing ratio.
Accountancy
answered on 30-Oct-20 13:31
1)How do we know we need to use sacrificing ratio or profit sharing ratio for sharing Goodwill. 2)In some questions sacrificing ratio is used and in some questions profit sharing ratio is used for sharing Goodwill.
latest answer
Thank You Sir.
ALDRIN G
CA Inter
★ 12K+
2
610
Incomplete records
Accountancy
answered on 27-Oct-20 17:51
In this illustration 8 of the institute's textbook, how is the balance of the bills receivable ac become bills dishonoured, what is the logic behind it ?
latest answer
Thax
Swathi Krishna
CA Final
★ 8K+
5
508
Buy back
Accountancy
answered on 27-Oct-20 17:22
In buy back videos sir told crr is created to compensate the liability holders but when crr is used for issuing fully paid up bonus shares then the amount gets converted into share capital then what is benifit for liability holders
latest answer
If the amount is kept in free reserves, company may pay dividend. If it is capital, it is difficult to return it back to the owners.
Enuguru Sai Nithin
CA Final
★ 78K+
1
549
Partnership account
Accountancy
answered on 29-Oct-20 10:08
Sir I couldn't understand why â?¹10000 is deducted from net profit before giving it to ram and rahim. Pls explain
latest answer
1,10,000 is before distribution of profits. Out of this new partner would get 11,000. In this 1,000 is only to be borne by Ram. Total profit 1,10,000 Less: Share of new partner 10,000 Balance 1,00,000
Sri kanaga Varshini
CA Final
★ 3K+
8
711