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Consignement

Accountancy

answered on 15-May-20 15:04

Sir if goods are sent on consignement and there is a normal loss and abnormal loss means we have to calculate the abnormal loss nd closing inventories with the rate of normal loss we have calculated am I right sir?

latest answer

Yes. Find out the rate per unit in case of normal loss Cost per unit= (Total cost+Expenses incurred) /(Total quantityâ??Normal loss) â??Calculate abnormal loss at that rate and credit it to consignment account and transfer to P&L account

S.P. RAYAN

S.P. RAYAN

CA Inter

3K+

1

662

No individual module for redemption of debentures

Accountancy

answered on 13-May-20 06:13

Sir, i want to learn redemption of debentures Plz do provide individual module (Ipcc group 2 old syllabus)

latest answer

It is grouped under Group I CA Inter

Prasanthi Bura

Prasanthi Bura

CA Inter

6K+

1

786

More discrepancies

Accountancy

answered on 12-May-20 12:28

Towards the end of the second video of ESOP module. Please have a look towards the end. Oh my god, what were animators doing! First of all, from the start of this video I was staring at a grave error "1st Jan 2010"when Sir is talking about 2020, and at the end... oh my god.. please check for yourself, Sir, please. Ps:i have attached the, what should be, proper timeline please check

latest answer

Every content which is uploaded is run through three times at different levels. A rare possibility exists where the video even after marking corrections is missed (like what we call the detection risk in Audit) [Which is the case in this specific part]. Some are clerical errors that are understood by students and they do not report back. We strive continuously to improve the videos and notes and feedback from students like you help us.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

3

631

Again, another mistake in animation

Accountancy

answered on 01-Jun-20 12:41

2nd video of Accounting for ESOP. At the very start Grant date is written 1st Jan 2010, when it should be 1st Jan 2020. Even by looking at the thumbnail, one can point out this mistake. These mistakes have started to become regular. Everytime i resume my course I find one or two mistakes.

latest answer

U can mail them

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

727

Branch accounts

Accountancy

answered on 12-May-20 09:32

Sir, is there any difference between branch adjustment a/c and stock reserve a/c. If there what is the difference. In lecture sir taken balancing figure of branch adjustment a/c to branch p/l but stock reserve account balance t/f to head office p/l account... Why so?? Plz explain

latest answer

Yes, i understood tqsm

Star Ca

Star Ca

CA Inter

3K+

7

2K+

Liquidation Of companies

Accountancy

answered on 12-May-20 13:29

Illustration 1 of this chapter, how to arrive at List H deficieny account. In the study material a different format is given which is not thought in indigo learn video. Kindly help??

latest answer

Ok thankyou!!

Harini Senthilkumar

Harini Senthilkumar

CA Inter

4K+

4

1K+

BRS

Accountancy

answered on 11-May-20 11:31

Pls send me the answer

latest answer

Tks bro

Chaitanya Riskÿ

Chaitanya Riskÿ

CA Foundation

2K+

11

800

Preparation and presentation of financial statements

Accountancy

answered on 12-May-20 11:22

In illustration 1 u didn't make entry in other current liabilities for interest on debentures.... But in 2nd illustration u made entry for that in other current liabilities....?

latest answer

In the 1st illustration we interest on debentures given in the trial balance directly and so we have taken it as finance cost under statement of P&l. In the 2nd illustration interest on debenture is not given directly and as the debentures are given 6% interest rate we have assumed it to be opening balance of debentures and calculated interest payable. Interest payable is outstanding and hence it is appearing under other current liabilities in the balance sheet

abhishek kapale

abhishek kapale

CA Inter

980

1

674

Financial statements of Not for profit organizations

Accountancy

answered on 12-May-20 17:31

Slide no.11 is not the proper continuation of slide no.10 video needed to be rectified. It would be helpful if it is done as soon as possible ð???

latest answer

Please check now. It must be correct now

Anand Mathew

Anand Mathew

CA Inter

290

13

678

Book keeping

Accountancy

answered on 08-May-20 16:25

Accounts

latest answer

Ok thank you

Sheethal Sudhakar

Sheethal Sudhakar

CA Foundation

820

4

669