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Accountancy

answered on 02-Nov-20 00:57

Is the new CRR rate and SLR rate applicable for nov exam ?

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K

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

751

How to solve this one?

Accountancy

answered on 02-Nov-20 19:24

Pls do answer

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Normally how you prepare a profit and loss appropriation account.

Sampath B

Sampath B

CA Final

21K+

3

778

AS 5

Accountancy

answered on 01-Nov-20 14:16

In the illustration 1 of institute's textbook, Shouldn't this be ordinary item which is in the exceptional nature How is this an prior period item ? Since there is no error in the previous years as the information w.r.t bills has been received this year rite ?

latest answer

Bill is received in Feb 2016 i.e 15-16 . It is accounted in 16-17 i.e from 1 April 2016 to 31 mar 2017 - hence it is a prior period item

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

761

Doubt

Accountancy

answered on 02-Nov-20 18:52

Sir in average due date lecture 2 you calculated base date til that i understand everything but how did you calculate interest on that

latest answer

INterest part is also explained. What is your doubt?

Nilesh Malviya

Nilesh Malviya

CA Inter

655

1

745

Rtp may20

Accountancy

answered on 04-Nov-20 17:32

How is this shares computed, I didn't understand how they have computed in the suggested answers Plzz reply

latest answer

10% preference shares are issued to take care of interest on capital

Swathi Krishna

Swathi Krishna

CA Final

8K+

3

672

Partnership

Accountancy

answered on 01-Nov-20 15:57

Sir ion retirement of a partner if insurance policy is obtained whether they will give sum assured or surrender value ? What in case of death

latest answer

Death - sum assured other cases surrender value.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

779

Partnership

Accountancy

answered on 31-Oct-20 20:36

Sir what does this point mean.

latest answer

Ok sir understood

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

4

716

Doubt

Accountancy

answered on 01-Nov-20 15:57

Sir why when profit and loss adjustment opened to settle deceased partner's account is shown as asset in balance sheet

latest answer

Its an account with a debit balance.

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

1

582

departmental ACCOUNTING --GRAM UDYOG QUESTION

Accountancy

answered on 04-Nov-20 18:06

2nd adjustment (doubt ) when khadi department transfers goods to silk department , why silk department calculating mark up on 6900 , the khadi departments sells at 9200 know and that will become cost of silk department right so ideally they should calculate on 7200.

latest answer

It is not a transfer from one department to other as a normal transfer. Goods purchased for one department has been given to another.

nisam M

nisam M

CA Final

23K+

3

985

Partnership

Accountancy

answered on 02-Nov-20 19:22

Case i

latest answer

Existing ratio 5:3:2 Now B & C should also be in ratio of 5:3 If B is 5 then C has to be 3 If B is 3 then c has to be 3 x 3 /5 = 9/5 So 5:3:9/5 25:15:9

ALDRIN G

ALDRIN G

CA Inter

12K+

5

751