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Individual moules

Accountancy

answered on 19-Sep-20 14:09

Sir pls add partnership chapter video for accountancy old syllabus in individual modules sir.

latest answer

It is available in foundation - please buy from there - the syllabus is shifted to foundation in new syllabus

kamali j

kamali j

CA Inter

1K+

5

537

Liquidation of companies

Accountancy

answered on 18-Sep-20 18:58

In illustration 5 , does this indicate the company is being bought by another company ?

latest answer

Thanks sir

Swathi Krishna

Swathi Krishna

CA Final

8K+

4

544

Liquidation of companies

Accountancy

answered on 19-Sep-20 15:22

In illustration 6 the adjustment w.r.t equity shareholders, I didn't get Can u explain ? How did this become net take away and net to be bought ? (The logic behind)

latest answer

Total loss is 62.35 per share. Those who paid 60 need to pay additional 2.35 Those who already paid 75 will get back 12.35

Swathi Krishna

Swathi Krishna

CA Final

8K+

3

645

Final accounts

Accountancy

answered on 16-Sep-20 19:21

In this sum there are expenses in opening balance sheet And also some expenses in adjustment Should not we add to original expenses

latest answer

Thank you

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

2

591

Common

Accountancy

answered on 16-Sep-20 20:38

If debentures are issued at premium and redeemable at par what is the redemption value..? Is it Face value + Premium or Face value.

latest answer

Thank you

Sri Varshini

Sri Varshini

CA Inter

575

2

667

Account current

Accountancy

answered on 15-Sep-20 17:56

Why do we debit balance owing by Y ?? What is the journal entry for balance owing by Mr.Y?

latest answer

We are preparing in bookx of X.

Pooja .

Pooja .

CA Final

210

1

619

Rectification of errors

Accountancy

answered on 15-Sep-20 17:13

Illustration 7 q 4 photo attached how to solve it and what is general ledger

latest answer

Ohk

Parikshit Rathod

Parikshit Rathod

CA Foundation

710

7

617

Insurance claims (Calculation of Gp ratio)

Accountancy

answered on 18-Sep-20 12:45

Sir in qn no 6 and 7 of insurance claims chapter while computing gross profit ratio.. we have taken Net profit + Insured Standing Charges/ Turnover for last financial year. But in qn no 8 we are taking Adjusted annual turnover for last financial year instead of simply turnover. Please clarify this doubt sir.. Regards Akshay Raghavan

latest answer

Ok sir understood. Thanks sir.

Akshay Raghavan

Akshay Raghavan

CA Inter

240

4

878

Final accounts Non manufacturing

Accountancy

answered on 16-Sep-20 06:33

In the sixth video sir said about closing stock adjustment Op +purchases - Cs = Cost of goods sold Is COGS AND SALES SAME IF SO WHY COGS IS GIVEN ON DEBIT SIDE OF TRIAL BALANCE

latest answer

Both are acceptable.

Prasanth Kumar

Prasanth Kumar

CA Inter

13K+

15

759

Branch accounts

Accountancy

answered on 14-Sep-20 18:40

Can anyone explain the contra entry in this ??

latest answer

Thank you

anamika vardhan

anamika vardhan

CA Inter

1K+

4

740