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Changes in inventories of finished goods

Accountancy

answered on 10-Oct-20 12:42

What negative figure in the above item mean in Financial statements. Please explain the concept

latest answer

Closing stock is less than opening stock.

Rathi Vigneshwari

Rathi Vigneshwari

CA Final

14K+

1

696

Redemption of preference shares

Accountancy

answered on 10-Oct-20 13:27

In the 4th illustration, sir You have divided the issue price for minimum issue Sir how sir we have to consider nominal value know sir

latest answer

If it is with respect to minimum bank balance, we have to check issue price also.

Dream Darling

Dream Darling

US CMA All

680

1

577

Liquidation of companies..

Accountancy

answered on 10-Oct-20 12:34

While preparing statements of affairs or liquidators statements how do we know we should give preference dividends or not.. And even in case for interest on debenture

latest answer

Arrears would be paid.

Shruthi V

Shruthi V

CA Inter

0

3

581

Liquidation

Accountancy

answered on 09-Oct-20 17:47

Interest on debentures sd b paid until date of payment if solvent.. So how to find its solvent sir..

latest answer

If assets realised > liabilities payable.

Shruthi V

Shruthi V

CA Inter

0

1

550

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 .

Pooja .

CA Final

210

9

642

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

Rachith Bhat

CA Inter

10K+

3

724

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

Prasanna Jannu

CA Inter

7K+

6

639

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

Parikshit Rathod

CA Foundation

710

2

643

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 .

Pooja .

CA Final

210

3

546

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

M Naresh

CA Final

3K+

1

669