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Accountancy
answered on 22-Jul-24 12:46
Please help me to solve this question with proper answer with required format.
latest answer
What is your specific doubt
supriya kadam
CA Inter
★ 0
1
372
AS 3
Accountancy
answered on 22-Jul-24 12:48
Why is discount on issue of debentures is an asset to the company?
latest answer
Discount on issue of debentures is a cost that the company has incurred for the debentures issue. The benefit is available over a period of time. So the discount is recorded as a fictitious asset and written off over the debenture tenure.
Niveta Rajkumar
CA Inter
★ 6K+
2
465
AS - 20 - Practice Question - 9 in ICAI material
Accountancy
answered on 22-Jul-24 12:51
Concept of different face value.such shares are converted into equivalent shares. In Q-9 , NATs were issuing 200,000 ES at their full market price of Rs.7.6. Here we need to convert it into equivalent shares. But ICAI solution says, we can directly calculate for 3/12 month. How and Why?
latest answer
There is only 1 face value in the question. Where did you see different face value.?
Akshaya Sridhar
CA Inter
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1
360
AS 16
Accountancy
answered on 17-Jul-24 13:41
Why is the phase 3 & 4 not capitalised - work is not yet completed right?
latest answer
Construction*
Soon to be CA
CA Inter
★ 4K+
5
402
Regarding illustrations
Accountancy
answered on 18-Jul-24 20:59
why some of the questions explained in AS- 15 chapter aren't there in indigolearn material ?
latest answer
thank you sir
rushmitha ev
CA Inter
★ 1K+
2
254
Preparation of Financial Statement
Accountancy
answered on 16-Jul-24 12:48
why aren't we transferring profit on sale of machinery to capital reserve but showing it in other income in this question?
latest answer
Gain on sale of fixed assets is recognised in P&L
Niveta Rajkumar
CA Inter
★ 6K+
1
411
Depreciation - practical sum3
Accountancy
answered on 17-Jul-24 08:45
How did the value of depreciation is Rs.8350000 in dec 31?
latest answer
One truck is sold in october. So remaining 9 trucks we calculate depreciation for 12 months which is 81,00,000 and a new truck is purchased for 50,00,000 on that we calculate depreciation for 3 months which is 2,50,000 . So total sepreciation is 83,50,000
Dharshini S
CA Foundation
★ 1K+
3
401
Drawing journal entry
Accountancy
answered on 15-Jul-24 09:58
Can explain the drawing journal entry of Drawing A/C Dr To Purchase A/C How purchase A/C come to credit
latest answer
Since material is being withdrawn, we credit purchases. (This will reduce the amount of purchases for business)
Thomas Deva
CA Inter
★ 0
2
584
Capital reserve and minority internet
Accountancy
answered on 15-Jul-24 11:57
Sir how to dived capital reserve and minority internet to the post profit and pre profit. what is the percentage please tell me sir
latest answer
Pls follow the method given in lecture.
Anitha Raghu
CA Inter
★ 0
4
396
ADVANCED ACCOUNT AS 16 Q 6 ANSWER IS DIFFERENT
Accountancy
answered on 15-Jul-24 12:38
SIR AS 16 Q NO 6 ANSWER DIFFERS FROM CLASS AND IN PRINTED BOOK I.E INTEREST TO BE CAPITALISED RS. 91517 I
latest answer
Both solutions have been accepted by ICAI. Better to follow suggested answer.
GOKUL KOLATE
CA Inter
★ 1K+
1
242