P&l a/c

answered on 10-Apr-24 16:28

The profit and loss a/c is showing ₹825 but in lecture sir said that p&l a/c balance is ₹775

latest answer

Consider 775.

sitaram kollepara

CA Inter

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1

71

Illustration 10 from investment

answered on 09-Apr-24 17:20

Illustration 10 1. In the investment account the dividend column is necessary to draw out what? 2 . If the bonus is declared on 2/9/20X1 then the bonus dividend is adjusted in P & L or not? 3 . Last topic of illustration is not understood

latest answer

1. You can add dividend amount column. 2. Normally dividends are declared based on record date. In this illustration it is assumed that dividend is not received on bonus shares. 3. Which last topic?

Shivashankar Jawai

CA Inter

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3

169

classification

answered on 08-Apr-24 17:22

sales tax payable is which account in traditional classification and modern classification?

latest answer

Sales tax is a liability payable to government hence personal.

Bharavi Kothari

CA Foundation

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3

54

Journal entry

answered on 10-Apr-24 17:27

In previous video, the entry for debentures incorporation will written as To debt liability and in this video you wrote as 10% debentures. Which one is correct?

latest answer

OK. Thank you sir

sitaram kollepara

CA Inter

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7

79

Illustration 2 of consolidation

answered on 09-Apr-24 17:27

Why can't we take 100% of equity share capital as what we got in computation of cost of capital?

latest answer

100% in which context. Can you elaborate your doubt?

Aswathi Aji

CA Inter

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145

Amalgamation

answered on 10-Apr-24 16:14

Is it in the nature of Merger or Purchase

latest answer

All shares are being exchanged or bought So 100%.

036 137

CA Inter

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10

183

Is this correct.

answered on 09-Apr-24 16:45

I seen this mtp 1 and confused by answers

latest answer

Share your workings.

R i S H i Rishikeish

CA Inter

★ 110

6

194

Depreciation

answered on 05-Apr-24 21:02

Sir whether for buliding depreciation we can claim . Any action specific about it . because when it comes to buliding it means land and building therefore no depreciation on land . Whether I'm correct r not explain

latest answer

And the land is only asset which value is increased due to time

HEMAVATHYSUBRAMANI SUBRAMANI

CA Final

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5

187

As 7

answered on 05-Apr-24 17:40

Customer didn't accept variation for year 3 then why did we consider it as part of revenue? In question it is clearly said that variation for year 2 has been approved by the customer.

latest answer

It is cumulative.

Uppula Varshith

CA Final

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1

168

Problem 10

asked on 05-Apr-24 08:57

1.Why not take bonus shares dividend 2. Must do that interest column separate in investment account?, and intern dividend which is not part of investment account it is credit. 3. Last part of the question is not understood

latest answer

No answers yet!!

Shivashankar Jawai

CA Inter

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0

66