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AS 25

Accountancy

answered on 29-Jul-24 11:55

Please provide the solutions for Q3 &4

latest answer

ICAI Module

Sagar Kathuria

Sagar Kathuria

CA Final

3K+

3

260

Amalgamation

Accountancy

answered on 29-Jul-24 23:41

In question they didnt specified about whether cash balance take over or not why they didnt transfer it to Cash ledger..

latest answer

Trade payable is the only liability, it is transferred to realisation account as usual.

Rohith Kumar

Rohith Kumar

CA Final

4K+

3

295

Amalgamation

Accountancy

answered on 13-Aug-24 11:42

In question they didnt specified about cash balance take over not why they didnt transfer it to Cash ledger...

latest answer

We can assume that cash is taken over.

Rohith Kumar

Rohith Kumar

CA Final

4K+

1

198

AS2

Accountancy

answered on 01-Aug-24 09:33

I want to know , how did the multiply 10 with units of products in cenvat ( during the calculation of cost the inventory. Kindly explain the concept behind it

latest answer

Thanks for highliting. We will update the question.

Deborah Susaiyappan

Deborah Susaiyappan

CA Inter

8K+

3

192

AS 20 MCQ

Accountancy

answered on 29-Jul-24 09:14

What is the solution of MCQ 1?

latest answer

Yes

Sagar Kathuria

Sagar Kathuria

CA Final

3K+

3

184

BRS

Accountancy

answered on 26-Jul-24 19:12

Can we do rectification of errors in BRS

latest answer

It totally depends on the question whether rectification is required or not 👎🏻

Ornitha Shree U

Ornitha Shree U

CBSE XI

0

2

212

BRS

Accountancy

answered on 26-Jul-24 16:15

Why do everybody, even those who don't have a business get pass book? If bank is giving pass book to us why can't they make it look as per our books of accounts(debit for receipt and credit for payments)? Is there any legal use for BRS?

latest answer

when you withdraw money from bank For you its receipt, for bank its payment. Bank is giving statement/passbook as it appears in their book

Ornitha Shree U

Ornitha Shree U

CBSE XI

0

1

197

amalgamation

Accountancy

answered on 26-Jul-24 16:15

in the example given in the video the agreed upon value of the selling company is different from agreed value of buying company?Can it be like that ?And if yes why?

latest answer

It is possible. Ultimately its agreed between two parties.

Niveta Rajkumar

Niveta Rajkumar

CA Inter

6K+

1

252

AS 10

Accountancy

answered on 24-Jul-24 11:38

If an asset is purchased by a company and the vendor only paid 80% value of the asset and vendor also certified that no any dues from such company. In this case how should a company recognise that 20% value in the books of the company and up to what extent the company has to capitalise such assets?

latest answer

Both Accounting standards prescribe this.

Gopichand Annamadasu

Gopichand Annamadasu

CA Inter

270

3

215

Accounting for branches

Accountancy

answered on 06-Aug-24 15:56

what exactly means branch current account in this question?

latest answer

AMount receivable/payable to branch

Niveta Rajkumar

Niveta Rajkumar

CA Inter

6K+

1

215