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Advance account

Accountancy

answered on 15-May-20 12:44

Plse tell ans this sum

latest answer

Yes! its correct

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

8

650

Depreciation

Accountancy

answered on 24-Mar-20 09:56

Sorry sir...still I don't clarify my doubts clearly... because in applicable syllabus there is no specific topis for depreciation is not given....

latest answer

Tq soo much sir....

AKSHAYA A

AKSHAYA A

CA Foundation

1K+

2

734

Depreciation

Accountancy

answered on 20-Apr-20 19:42

Whether annuity method and sinking fund method is in ca foundation or not? If it is there pls explain them....

latest answer

Not applicable for CA foundation

AKSHAYA A

AKSHAYA A

CA Foundation

1K+

7

679

Cash flow statement

Accountancy

answered on 24-Mar-20 09:33

When does we show interest on debenture in cash flow by indirect method?

latest answer

Interest from debentures is shown under financing activity.

Sunil Munshi

Sunil Munshi

CA Inter

0

1

630

Consignment

Accountancy

answered on 21-Mar-20 18:20

What are recurring and non recurring expenses in case of consignment?

latest answer

Yeah

Ramya Shree

Ramya Shree

CA Inter

0

2

1K+

Depreciation

Accountancy

answered on 19-Mar-20 11:40

Is it is compulsory to cove all types of depreciation or straight line and written down methods are enough?

latest answer

Tq sir ð???

AKSHAYA A

AKSHAYA A

CA Foundation

1K+

2

732

Divisible profit

Accountancy

answered on 23-Mar-20 23:35

What if any of the three conditions for withdrwing from general reserves are not satisfied?

latest answer

Dividend*

Srini Sriram

Srini Sriram

CA Final

4K+

2

739

Redemption of debentures

Accountancy

answered on 28-Mar-20 16:57

Can we redeem debentures through a sinking fund or should we use DRR only in the exam ?? Please reply

latest answer

Sinking fund is no longer tested.

ajith harigovind

ajith harigovind

CA Inter

0

3

689

Why salary and interest on non trading investments are added and subtracted from this sum?

Accountancy

answered on 17-Mar-20 16:42

By my understanding salary should be reduced from profit right, instead why they are adding it? For Interest on non trading investments isn't we assume that it's already added to profit right? They have not given any indication that profit does not include interest

latest answer

Ty. U r a life saver.

Gokul Nath

Gokul Nath

CA Inter

605

2

1K+

MARKING SCHEME

Accountancy

answered on 17-Mar-20 16:27

How many marks might be deducted for not writing narration of journal entries in a 15 marks question of advance accounts where we have to pass journal entries and prepare balance sheet?

latest answer

1-2 marks. Write brief narration.

Laxman kumar

Laxman kumar

CA Final

4K+

1

991