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Futures of a Accounting System

Accountancy

answered on 27-Oct-20 12:32

What could the future of accounting look like? And what are the new trends in accounting?

latest answer

Please google and visit their websites .

Seema Singh

Seema Singh

Qualified CA

0

5

523

Redemption of debentures

Accountancy

answered on 22-Oct-20 18:42

In Illustration 1. The DRR created is 10%. But as per provisions is it not 25%. Pls clarify

latest answer

It is 10% after August 2019. Explained in video.

Bharath

Bharath

CA Foundation

0

1

523

Books

Accountancy

answered on 23-Oct-20 08:35

What are the all books , and vouchers documents to be kept by a service provider providing a manufacturing contract(job work).

latest answer

There are no prescribed books.You need to maintain documents which will help tax/gst authorities assess.

Preeshma Manasa

Preeshma Manasa

CA Final

2K+

4

657

Consignment chapter

Accountancy

answered on 22-Oct-20 19:09

Sir what is provision for expenses account . Why it is shown in consignment account.

latest answer

Ok sir

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

4

511

Consignment

Accountancy

answered on 21-Oct-20 19:56

Sir in this sum there is difference between cost & selling price but the effect of loading is not shown why ? Similar sum like this they have shown the effect.

latest answer

Ok sir understood.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

548

Stock taking

Accountancy

answered on 22-Oct-20 20:00

Should we take 2. (ii) in calculation in cost of goods sold and inventory taking?

latest answer

Some part of the question is missing

AKSHITA SITA PRAVA

AKSHITA SITA PRAVA

CA Final

590

3

523

investment

Accountancy

answered on 20-Oct-20 17:20

in illustration 11 of the institute's textbook , why is the brokerage not added when the right shares are bought ?

latest answer

k thax sir

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

538

Redemption of debentures

Accountancy

answered on 20-Oct-20 15:26

Is it mandatory to create every year of 10 % of o/s Debentures or sufficient to create 10% till the redemption sir..

latest answer

It is done only once.

makthala venkateswarlu

makthala venkateswarlu

CA Foundation

510

2

532

Amalgamation, purchase consideration

Accountancy

answered on 24-Oct-20 18:17

Purchasing co. Paid consideration to selling co. Through shares,Deb,cash etc. In Indigo learn of 4th problem.. Neal Ltd which is purchasing co paid itself shared how it's possible ... Can u please explain this sir ... i.e., 1)Paid to share holders of Neal Ltd,paid in the form of equity &pre shares of Neal Ltd 2) paid to share holders of Gagan Ltd, paid in the form of equity & pre shares of Gagan Ltd. My query..A)if one co is purchased the another co. Then such co. Only paid purchase consideration to selling co. [Here,both cos are involved in the purchase consideration computation] B)if both cos are included,then why it is paid to itself other than alternate co...?

latest answer

Yes

anju B

anju B

CA Inter

21K+

7

617

Npo

Accountancy

answered on 20-Oct-20 17:38

Sir tell me what is difference between capital nature and revenue nature with an example

latest answer

Watch this video on our channel on yoututbe. CA Foundation | Accounting | Revenue Vs Capital Expenditure | Nov 2020

G.c.hemalatha Reddy

G.c.hemalatha Reddy

CA Foundation

150

1

525