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Borrowing cost-as 16

Accountancy

answered on 10-Apr-24 16:52

In this question why they are taking borrowing cost for only option (i) and why

latest answer

because you have to borrow to pay.

Hari Haran

Hari Haran

CA Inter

175

1

232

AS 3

Accountancy

answered on 22-Mar-24 07:44

opening balance of trade receivables is 200000 right?

latest answer

I’m a student

Divinne Fiona

Divinne Fiona

CA Inter

9K+

5

224

Regarding profit sharing ratio in illustration 2

Accountancy

answered on 11-Apr-24 09:25

Sir why 3:4:4 is taken as oldv profit sharing ratio. Why we should consider 5:4:3

latest answer

In the question the revised profit sharing ratio is given as 3:4:4. So we consider it.

Surya Kiranmayee

Surya Kiranmayee

CMA Inter

0

1

111

LLUSTRATION 11...unit 2 treatment of goodwill

Accountancy

answered on 31-Mar-24 11:15

Could please solve and share the answer of partnership...unit2 treatment of goodwill..illustration 11 ...pg no.10.65 .(ca foundation )

latest answer

There are two methods to adjust goodwill

Devananda Rajeesh

Devananda Rajeesh

CA Foundation

140

3

255

LLUSTRATION 11...unit 2 treatment of goodwill

Accountancy

answered on 13-Jun-24 13:57

Could please solve and share the answer of partnership...unit2 treatment of goodwill..illustration 11 ...pg no.10.65 .(ca foundation )

latest answer

This is added to the course.

Devananda Rajeesh

Devananda Rajeesh

CA Foundation

140

3

261

Internal reconstruction

Accountancy

answered on 09-Apr-24 18:55

Sir..i have a doubt in this sum..I didn't understand how authorised capital is computed for this sum..kindly clarify this sir

latest answer

Ok sir

shanthini hariharan

shanthini hariharan

CA Inter

10K+

2

225

Change in Depreciation Method - Change in Accounting Policy?

Accountancy

answered on 16-Mar-24 10:55

Hi sir, hope you're well. Like how a change in cost formula is considered change in accounting policy, would a change in depreciation methods also be considered change in account policy? Thanks

latest answer

A change in method of depreciation is dependent on the change in estimate usage pattern. It fulfills the criteria of both change in accounting estimate and accounting policy. For simplicity of application, as per A 10, it is considered as change in accounting estimate.

Devaprasad Jothimani

Devaprasad Jothimani

CA Inter

0

2

1K+

Internal reconstruction

Accountancy

answered on 15-Mar-24 20:42

1fin material Illustration 1 (balance sheet of A &co. Ltd.) 1)Why didn't we record bank overdraft in current liabilities? 2)How did we arrive at the cash and cash equivalents balance?

latest answer

It is done by adjusting the cash and cash equivalent balance to settle the bank overdraft

Monika T

Monika T

CA Final

7K+

1

223

As 16

Accountancy

answered on 19-Mar-24 15:42

Illustration 6 the answer and method in book is different which one to follow?

latest answer

1Fin book or ICAI Book?

19UCBI006 AYSHA RISALA J

19UCBI006 AYSHA RISALA J

CA Inter

0

1

212

Accounts from incomplete records.

Accountancy

answered on 25-Mar-24 17:48

Hello sir!I am Sangeetha .C .sir I didn't Indentify Book back sums from your lectures sir.There are so many differents between your lectures and book back sums .sums are totally different .so I kindly request to send the lectures of my Book back sums .

latest answer

You can practice them on your own and if you have any doubt you can ask here.

sangeetha mohan

sangeetha mohan

CA Foundation

3K+

1

92