Forums
Bonus issue
Accountancy
answered on 18-Apr-20 11:23
Sir, in post bonus issue,if the total shares excceded the authorized limit,then in balance sheet can we increase the limit of authorized capital, like in below question.
latest answer
Thank u for instant reply sir
Star Ca
CA Inter
★ 3K+
2
662
Rectification of error
Accountancy
answered on 18-Apr-20 11:20
Rs.2600 stolen by an ex-employee stood debited to suspense account.
latest answer
Loss on theft To Suspense
Lucky Garg
CA Foundation
★ 2K+
1
897
Rectification of error
Accountancy
answered on 18-Apr-20 11:21
Purchase a scooter was debited to conveyance account Rs.16000. Firm charges 10% depreciation on vehicles.
latest answer
Scooter A/c Dr 16000 To Conveyance 16000 Depreciation 1600 To Scooter 1600 You can combine and pass
Lucky Garg
CA Foundation
★ 2K+
1
2K+
Creation and investment of DRR
Accountancy
answered on 18-Apr-20 11:24
I noticed in materia DRR is created and invested 1st and 2 nd year
latest answer
Yes
Mkv N
CA Final
★ 750
5
629
Average due date
Accountancy
answered on 14-Apr-20 18:09
In case leap year we take 29 for February but in module the year mentioned in the question is 2016 but they took 28 days
latest answer
You can take 29 days and mention it as a note.
venkatesh sundharamoorthy
CA Final
★ 34K+
1
588
AS-4
Accountancy
answered on 25-Apr-20 13:00
Difference between Disclosure and non adusting event...?
latest answer
Disclosure is a thing which should be mentioned below the Balance sheet to have a clear view of FS for the outsiders and members
mannem sai
CA Inter
★ 10
2
590
Amalgamation
Accountancy
answered on 16-Apr-20 15:08
Is the good will given in balance sheet is considered in calculation of purchase consideration in the purchase method
latest answer
No,as goodwill given in balance sheet is intangible asset and is not considered while calculating puchase consideration..excess amount of Purchase consideration over value of net asset is considered as goodwill
NAVEEN KUMAR E
CA Final
★ 14K+
1
719
Bills of exchange
Accountancy
answered on 12-Apr-20 13:20
B/R and B/P comes under what accounts in traditional approach Whether they are representative personal accounts or real accounts?? Please clarify...
latest answer
Can you please explain it on a paper clearly and attach it...
VIJAYA SARADHI MAGANTI
CA Inter
★ 850
8
703
Live streaming got interupted
Accountancy
answered on 11-Apr-20 17:26
Satya raghu sir live streaming of amalgamation and internal reconstruction got interrupted
latest answer
It will be continued next week.
Harish Hari
CA Final
★ 6K+
1
653
Npo
Accountancy
answered on 11-Apr-20 10:52
Subscription written off what should be the entry ?and any impact in Receipt and Payment account
latest answer
It will not have an impact in Receipts and Payments account. If subscription receivable is written off, Income and Expenditure account is debited.
Nalin kumar
CA Final
★ 445
1
681