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Inventories
Accountancy
answered on 13-Oct-20 09:27
Can anyone send answer for inventory lesson PG.4.22 practical question 2 using trading account??
latest answer
I didn't get answer
Pooja .
CA Final
★ 210
9
627
Advanced ACCOUNTING - illustration 6
Accountancy
answered on 09-Oct-20 10:29
Hi, Advanced ACCOUNTING - illustration 6 Page no.6.31 in study material, capital reserve amount Rs 10000, am not understanding how it comes. Please let me know
latest answer
ð???ð???
Rachith Bhat
CA Inter
★ 10K+
3
711
AS -20 EPS
Accountancy
answered on 08-Oct-20 17:16
Sir how to calculate diluted EPS I am confused
latest answer
Tq sir
Prasanna Jannu
CA Inter
★ 7K+
6
607
Share allotment entry
Accountancy
answered on 08-Oct-20 16:10
Do I need to write the entry which I have directed by showing a red line because it is already written afterwards at last entry in combined way .
latest answer
Ok
Parikshit Rathod
CA Foundation
★ 710
2
611
Rectification of errors
Accountancy
answered on 08-Oct-20 20:37
Question no.6 Trade payables a/c Dr To suspense account ( Above journal is Book answer) Why can't we credit Mr.Q instead of crediting suspense account??
latest answer
Thank you
Pooja .
CA Final
★ 210
3
514
Branch Accounts
Accountancy
answered on 07-Oct-20 12:11
Sir , In case of Inland , Dependent Branch whenever the head office Sents the goods at Invoice price and such goods are in transit the Unrealised profit should be shown as which entry sir 1) Branch Adjustment A/ C. Dr. To stock reserve Or 2 ) Branch Adjustment A/C. Dr To goods in transit A/C. Which Entry is Correct ? Reason sir .
latest answer
Stock reserve.
M Naresh
CA Final
★ 3K+
1
637
Capitalisation of Expenses when recording Asset (AS 10)
Accountancy
answered on 07-Oct-20 12:11
Expense incurred to fix damages to plant when shipped- Can this be capitalised in the books?
latest answer
If it does not add value, no.
Suraj Narayanan
Qualified CA
★ 7K+
1
534
AS answer presentation query
Accountancy
answered on 07-Oct-20 12:13
When the question says, discuss the accounting treatment without specifically asking for journal entries... then we can answer in statement/workings format OR in journal entries... any one will do?
latest answer
It depends on the kind of question. Generally where accounting treatment is asked, you have to explain provisions and conclusion. In some cases, you can add more by way of Journal Entry (working may be needed to compute amount)
Deepak Gupta
CA Inter
★ 1K+
1
560
Redemption of Debentures
Accountancy
answered on 06-Oct-20 17:10
Sir , If Opening DRR is 1,00,000 and the preference shares going to redeem at the year end 2,00,000 . Then only 20,000 to be set apart in DRR know sir , What about remaining 80,000 What would be the treatment ?
latest answer
It is to be debentures and not preference shares. Balance not needed will be transferred to General Reserve.
M Naresh
CA Final
★ 3K+
1
572
Partnership Introduction
Accountancy
answered on 05-Oct-20 17:52
There is a video explaining the drawings drawn on different dates I didn t understand the logic Sir is saying. But based on before working of sum I understood like this Still I didnt understand how to calculate drawings taken at mid of every month. EXPLAIN like how I did in the image
latest answer
Okay.
Prasanth Kumar
CA Inter
★ 13K+
6
655