Forums
Partnership-sale of the firm
Accountancy
answered on 29-Apr-20 08:45
How is business purchase account prepared ??
latest answer
Please refer to notes for Advanced Accounting (pg 317) under CA Inter- free resources in the app
anamika vardhan
CA Inter
★ 1K+
1
557
Accounting for independent branch illustration no. 11 Messrs ramchand & co
Accountancy
answered on 13-May-20 15:33
This question demands preparation of branch P&L, branch assets ac in the books of HO after incorporating trial balance as given in the question. 1,Such TB showing an account called head office current ac. What is the purpose of the account in this question? 2, after incorporating the TB in HO books, how can we transfer only cost portion of goods from HO ac & opening stock ac to trading & P&L. Becose if it done like that the profit portion of such ac still remain in such ac
latest answer
1. In order to know the amount payable or due to Head Office...Its current account is necessary 2. Because as per AS-2 Inventories to be recorded at cost and the Stock Reserve a/c will take care of the loading
subeesh p
CA Final
★ 1K+
1
649
Doubt
Accountancy
answered on 29-Apr-20 15:53
Sir i m not understand the company account pro rata concept. When i take questions of pro rata to solve i feel fear from it. And how to solve the prob no. 7 in icai material. I see ur vedio but i had not understand it . Can u help me in this
latest answer
Welcome jj
Dhanashree Amle.
CA Foundation
★ 240
3
559
CA foundation
Accountancy
answered on 29-Apr-20 12:13
It's my humble request sir i came to know about the car foundation free classes only today it is very useful. Can u please extend it for a week. It is my humble request.
latest answer
Thanks sir
Shreeya Rathnakumar
CA Foundation
★ 0
6
599
Rectification of error
Accountancy
answered on 08-May-20 13:53
I haven't clear this question
latest answer
Sales A/c Dr. 432 (sale price) ==> sale entry cancelled Drawings A/c Dr. 423 (cost price) ==> personal use registered at cost from purchases To Ganesh A/c 432 (sale price) ==> sale entry cancelled To Purchases A/c 423 (Cost price) ==> drawings from stock for personal accounted under drawings
Saloni Kumari
CA Inter
★ 180
6
2K+
Flowchart copy pasted from CA Ravi Kanth Miriyala's Accounting Standards book?
Accountancy
answered on 27-Apr-20 19:11
I was taken aback to discover that the flowchart in video 6 of AS 29 module has been ripped off from last page of Miriyala sir's famous book "Accounting Standards Made Easy"
latest answer
It is taken from AS-29 Illustration B.
Kumarjit Dey
CA Inter
★ 4K+
2
666
Please cut the video after the whole illustration has been solved
Accountancy
answered on 27-Apr-20 15:18
I am refering to AS 26 module first 2 QnA videos. Please cut the videos after the questions have been solved.
latest answer
Are you an admin/staff? I ask because I see you have a CA Inter batch attached to your name.
Kumarjit Dey
CA Inter
★ 4K+
2
628
SM- ILLUSTRATION 1 Not complete
Accountancy
answered on 13-May-20 08:47
Hello Sir, I had purchased individual modules(LIQUIDATION OF COMPANIES). But this question is not completed in your video, please include those asap. As my individual module had only 1 month validity.
latest answer
This has been included in preferential creditors of Rs.18000. Please check the video at 5 min 45 sec
Shamsudeen M
CA Inter
★ 50
8
633
Asking question
Accountancy
answered on 27-Apr-20 16:37
If i buy for 4999 does all videos avaliable Sir plz can u not reduce the price ? Plz
latest answer
Till July 3rd.
Veda Raghavendra rao
CMA Inter
★ 350
10
577
Asking question
Accountancy
answered on 27-Apr-20 10:33
Sir plz can u extend free ca foundation course for atleast for a week .....sir its my humble request
latest answer
Yes all videos are available
Veda Raghavendra rao
CMA Inter
★ 350
2
577