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Partnership Accounts.
Accountancy
answered on 11-Nov-20 00:09
Partnership Accounts. 2.Calculation of Goodwill. Which method to use when it is not specified if we need to use Average profit method or weighted Average profit method for calculating Average profits.
latest answer
Its ok Aldrin G
ALDRIN G
CA Inter
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3
680
Amalgamation
Accountancy
answered on 30-Oct-20 12:47
If preference shareholders of selling co are settled with a consideration of by giving debentures of buying co... what is the impact at Balance sheet?
latest answer
Debentures balance would increase
anju B
CA Inter
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1
699
AS 26
Accountancy
answered on 30-Oct-20 12:53
In this why did the purchase tax is added after taking into consideration the import duty . Shouldn't purchase tax be computed on the purchase price ie 4940000?
latest answer
Generally in imports, such taxes are charged on full value including customs duty.
Swathi Krishna
CA Final
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740
Partnership
Accountancy
answered on 03-Nov-20 07:16
Sir here the partner's are sharing profit in 5:4:3 & during the accounting year PSR changed to 3:4:4 . Now to write off good will they have used 1st ratio why. Also in profit adjustment , profit is written back in 5:4:3 ratio why?. There is confusion on what ratio to use and where.pls CLR
latest answer
Ok sir
Sri kanaga Varshini
CA Final
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branch accounts
Accountancy
answered on 31-Oct-20 10:01
in illustration 4 of the icai's book while using stock debtors method, they have taken the cash received as 171000 . but in the debtors methods( in illustration 5), they have taken the cash received as 163500. why is there a difference in the amount
latest answer
Sales are not different. ONe has amount collected from debtors Other has amount remitted out of collection.
Swathi Krishna
CA Final
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3
699
Buy back
Accountancy
answered on 30-Oct-20 16:14
Why is the amount transferred to CRR is 300 here ??
latest answer
Preference shares of 200 issued for buy back. So balance 300.
anamika vardhan
CA Inter
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3
828
Partnership
Accountancy
answered on 29-Oct-20 06:57
Sir in sum if they ask journal and partner's capital account is it necessary to show first journal
latest answer
OK thank you
Sri kanaga Varshini
CA Final
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2
743
Cloud Software Vs On Premise System
Accountancy
asked on 28-Oct-20 14:08
Cloud Accounting Software Vs on Premise Accounting System - Which Is Better and Why?
latest answer
No answers yet!!
Seema Singh
Qualified CA
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0
700
Wrong amount in problem
Accountancy
answered on 31-Oct-20 11:17
In ipcc old syllabus-Chapter Liquidation -Illustration 6 - trade payables written as 75500 instead of 73500, with these effect total cash available 2,52,700 but shown 2,50,700..pls correct it and distribute The cash available Again...
latest answer
Ok
seshu Kumar
CA Inter
★ 61K+
5
704
Employee stock options plan
Accountancy
answered on 28-Oct-20 13:00
Sir is there any entry for stock options lapsed within the vested period
latest answer
You can do when lapsed or towards the end.
subramanyam yendakuarthi
CMA Final
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1
729