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Amalgamation - inter company holdings
Accountancy
answered on 06-May-20 14:31
Problems of amalgamation on Inter company holdings are excluded right for ipcc ???
latest answer
Problems based on Inter-company debts are included at IPCC level
ajith harigovind
CA Inter
★ 0
1
724
Are questions on..
Accountancy
answered on 02-May-20 12:44
On appliability and non-applicability asked in exam? Or is it just for our understanding?
latest answer
If you are asking about applicability of AS to various types of companies / size of companies or industries / date of applicability - May be asked - rare. Usually if there is an amendment, higher chance of being asked.
Kumarjit Dey
CA Inter
★ 4K+
1
496
Cant find the problem in Study Material
Accountancy
answered on 01-May-20 17:21
At the start of video of AS 19, 15 Sir talks about starting a new study material problem. The question is on "Kasapa Limited". But I cant find this anywhere in CA Inter Advanced Accountancy SM. Which SM is Sir talking about ?
latest answer
The problem is relevant to explain the concept and practice. Accounting standard concepts have not changed!
Kumarjit Dey
CA Inter
★ 4K+
3
467
This one mistake in animation ruined my concentration
Accountancy
answered on 01-May-20 17:25
Due to this one mistake, I lost complete focus. This is a grave mistake that I spotted: At around 7:24 of video 13 on the top left corner of the screen its written 6 (Ungauranteed Residual Value). A few minutes ago in that SAME video Sir explained the meaning of the various numbers: 5 for Ungauranteed Residual Value 6 for Gross Investment in lease And yet the animator made such a mistake! I frankly dont know how this has not come to other students' attention before. (video 13 of AS 19 at around 7:24)
latest answer
Thanks for highlighting the error on display. The faculty has mentioned Gross Investment in Lease and students would have understood it. Regret that the error caused a disruption in your concentration. We shall be correcting it shortly.
Kumarjit Dey
CA Inter
★ 4K+
1
494
CA foundation, paper1
Accountancy
answered on 06-May-20 14:49
CA foundation, Principles and practice of accounting, rectification of errors, vedio no. 20 You have state that P&L account transferred to Capital account but in page no. 60 of PDF material that you have provided shows P&L adjustment account transferred to P&L account of the current year
latest answer
Tanq so much for clarification
Eswar Narayan
CA Inter
★ 3K+
4
506
Rectification of error
Accountancy
answered on 30-Apr-20 13:03
A debit Balance bof 2500 in the account of Shyam ,a creditor is included in the list of sundry debtors What entry will be pass ??
latest answer
Sundry debtor ac dr 2500 ...To sundry creditors ac2500 (SHYAM)
Saloni Kumari
CA Inter
★ 180
1
593
Rectification of error
Accountancy
answered on 13-May-20 08:15
I have not clear this all questions in image given below
latest answer
Stock Loss on stock damaged a/c Dr. 50000 Damaged To Purchases A/c 50000 Scrap sale Sale A/c Dr. 20,000 included in Sale To Loss on Stock damagedA/c 20,000 Amount received Building A/c Dr. 25,000 from insurance To Loss on Stock damaged A/c 25,000 for stock loss Loss transferred P&L A/c Dr. 5000 to P&L To Loss on stock damaged A/c 5000
Saloni Kumari
CA Inter
★ 180
7
821
Incomplete question
Accountancy
answered on 04-May-20 13:13
In video 15 (qna part 3) of AS 20, somewhere after 3 minutes, Sir says out loud "NP for CY rs 85.50 lacs" but this portion of text does not appear in the question
latest answer
We regret for the inconvenience caused. Necessary changes are made. Thank you.
Kumarjit Dey
CA Inter
★ 4K+
2
541
Extend time for another 20mins
Accountancy
answered on 29-Apr-20 18:46
In investment chapter completed upto 20 illustration pls give me another 20mins to finish it completely. Pls sir..
latest answer
Regret to inform that we have not yet built such capability to adjust course duration for one specific person. We shall ask tech team to implement that in due course
kamali j
CA Inter
★ 330
1
578
Journal Entry
Accountancy
answered on 30-Apr-20 13:47
Introduced cash, goods and furniture into the business.
latest answer
Thank you��
Rahul U S
CA Foundation
★ 0
4
587