Forums
Consignment
Accountancy
answered on 18-Jul-20 10:20
Determine the value of stock at end
latest answer
U didnt adjust normal loss....... the normal lost units cost (35*100) has to be absorbed by 14900 units
Gowshika LT
CA Final
★ 40K+
3
557
Query in question
Accountancy
answered on 18-Jul-20 10:42
Sir I can't understand the Question regarding final accounts of non manufacturing firm Module practical question number 1.
latest answer
Ok mam thanks for reply I will try it again
Shivam Vij
CA Foundation
★ 520
4
598
Accounting for ESOPs
Accountancy
answered on 18-Jul-20 11:53
ILLUSTRATION 6 Is it not required to transfer the unvested lapsed options to the general reserve account at the end of financial year in journal entry?
latest answer
It is required
Kumar Sarthak
CMA Final
★ 12K+
1
586
AS7
Accountancy
answered on 18-Jul-20 11:40
"Outcome of the contract cannot be estimated" What does it mean? Does it mean that: the revenue from such cannot be measured?
latest answer
Yes. Nevertheless, it may be probable that the enterprise will recover the contract costs incurred. Therefore, contract revenue is recognised only to the extent of costs incurred that are expected to be recovered.
lakshmi kollipara
CA Inter
★ 1K+
1
553
AS7
Accountancy
answered on 18-Jul-20 12:40
Can the costs incurred to secure a contract be treated as contract costs?
latest answer
cost incurred in securing a contract is basically incurring cost to get a contract. It could be for getting documents or any bonds etc
lakshmi kollipara
CA Inter
★ 1K+
5
526
Subsidary books
Accountancy
answered on 17-Jul-20 16:15
What is diff between Lf and Jf
latest answer
Journal folio and ledger folio - JF refers to Journal Folio : The page number of a particular transaction in the Journal Book. LF is the Ledger Folio:- It refers to the page number of ledger on which that particular account is. JF refers to Journal Folio:- It refers to the page number on which transaction is made in journal book.
Prasanth Kumar
CA Inter
★ 13K+
1
634
Subsidarybooks
Accountancy
answered on 17-Jul-20 16:17
What is diff between writing journal entries and posting into ledger and writing in subsidary books then posting into ledger
latest answer
subsidiary books are for sales and purchases. but journal books has other than subsidiary books transactions
Prasanth Kumar
CA Inter
★ 13K+
1
493
Subsidary books
Accountancy
answered on 16-Jul-20 09:44
The concept you explained is very dhort in the 1 st video.
latest answer
As you complete the chapter, you will understand fully.
Prasanth Kumar
CA Inter
★ 13K+
1
581
Hire Purchase
Accountancy
answered on 16-Jul-20 06:59
I have doubt interest accrual Eg. 3 van purchased . 3 equal annual instalments. In 2nd year 2 van reposed by Vendor. Whether i should account interest for remaining 1 van in 3rd year or its need not be accounted? Kindly verify
latest answer
Thank you
Chidhambaram Pillai
CA Inter
★ 1K+
2
541
Accounting standards
Accountancy
answered on 15-Jul-20 19:49
Are not AS for CA final old syllabus available?
latest answer
Please email on our support Iâ??d and we shall assist you
Kripa A
CA Final
★ 0
3
552