Forums
Buy back of shares
Accountancy
answered on 02-Oct-20 23:41
In illustration 1 of the institute's textbook, why is CRR entry passed? We don't actually require CRR right. Even sir mentioned in it in the lecture. Then why is it given in the tb ?
latest answer
Thanks, sir
Swathi Krishna
CA Final
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2
538
If any thing is not given in question of trial balance from what method should we prepare 1.total method 2.balance method 3.total and balance method
Accountancy
answered on 02-Oct-20 16:16
Pls tell me
latest answer
Balanced method
Nilesh Malviya
CA Inter
★ 655
3
617
Advanced Accounting
Accountancy
answered on 01-Oct-20 12:35
Redemption of debentures for old syllabus which individual module shall be refer can we take ca inter new for this Is it the same or not All problems in sm are discussed there or not Plz replyð???ð???ð???ð???
latest answer
You can purchase now.
Prasanthi Bura
CA Inter
★ 0
5
629
Inventory
Accountancy
answered on 01-Oct-20 08:53
This sum both combination of 1 and 2 is said using lifo method in the videos I did that using fifo method See if there is any wrong
latest answer
Regret we cannot do such kind of checks. Please let us know if you are facing a problem and we shall get back
Prasanth Kumar
CA Inter
★ 13K+
1
508
Inventory
Accountancy
answered on 01-Oct-20 14:08
In this I think fifo and lifo amounts are given wrong
latest answer
By mistake I posted this doubt
Prasanth Kumar
CA Inter
★ 13K+
9
488
AS 7 Query
Accountancy
answered on 30-Sep-20 06:41
Please see the attached question. As per the standard, one of the condition is that variation should be approved by the customer. In the question it is given that the variation in year 2 has been approved by the customer and accordingly the revenue has been increased in year 2. But nothing has been mentioned for year 3, then why year 3 variation has been considered as revenue?
latest answer
Year 3 variation is not added.
Deepak Gupta
CA Inter
★ 1K+
1
569
Diluted EPS
Accountancy
answered on 30-Sep-20 08:15
In this question, it is given that potential shares will rank for dividend from 2020. So, why will it dilute EPS in 2017-18?
latest answer
Okay sir. Thank you
Raviteja Kusumanchi
Qualified CA
★ 42K+
4
627
Final accounts
Accountancy
answered on 29-Sep-20 13:02
Is provision for bad and doubtful debts a debit balance or credit balance?? What is the impact of this in p&l a/c and balance sheet??
latest answer
In P&L a/c provision for debtors is debited and in balance sheet it is deducted from debtors
Pooja .
CA Final
★ 210
1
612
Shares issue
Accountancy
answered on 29-Sep-20 17:55
Shares are discounted on face value or on called up value? For example- if a share has face value of â?¹10 and is called up for â?¹6 and given 10% discount, discount is on â?¹10 or â?¹6?
latest answer
Actually question is invalid as per law. Anyways, consider the discount portion along with application.
Ankush R
CA Inter
★ 33K+
5
635
Impairment loss
Accountancy
answered on 28-Sep-20 16:22
Impairment loss is a Timing difference or Permanent difference??
latest answer
Timing. In future there would be loss when the impaired asset is actually sold.
Shravan Kumar
CA Inter
★ 25K+
1
538