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Accountancy

answered on 19-Jan-24 18:38

Sir/Ma'am, suppose in the question the trial balance is given in thousands or lakhs. But I find it very confusing and usually tend to make mistakes. So, is it ok if the answer is not in the way they've given the question or is it compulsory for me to follow the same, that is, present in the form of thousands or lakhs. Please do clarify, thanks..

latest answer

Ok sir thank you 😊

Amirtha Kannan

Amirtha Kannan

CA Inter

295

10

374

As15 leave salary

Accountancy

answered on 19-Jan-24 18:32

I had a but confusion about this Example Say 1yr = 30days leave allowed Say year = Jan - Dec MrZ working since 1/1 to Nov without taking a single day off Can MrZ take 30days off from 2/12 ? I mean from 2/12 to 31/12

latest answer

Thank you so much Sir It’s helpful

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

4

273

doubt in secound year

Accountancy

answered on 26-Jan-24 16:44

how 4800 multiplied by 3.5 and 2.5 4800 how it came

latest answer

Ok thank you sir

nive krish

nive krish

CA Inter

255

2

253

Impairment of loss

Accountancy

answered on 16-Jan-24 13:07

Why can't you allocate goodwill to smaller CGU in illustration 2 in top down approach

latest answer

Because we cannot determine at smaller CGU>

Akshaya Devaraj

Akshaya Devaraj

CA Final

8K+

1

81

Capital Introduction asset or liability

Accountancy

answered on 16-Jan-24 13:07

How is it an asset?It is added to the capital which appears on liability know?

latest answer

One side Capital Other side Asset (Double entry)

Nayana Kowshik

Nayana Kowshik

CA Inter

120

1

236

Asset

Accountancy

answered on 16-Jan-24 13:08

What if advance salary is paid on request to the employee when he is in the notice period to resign?How will that be recognized?

latest answer

If recoverable - Asset Other wise expense.

Nayana Kowshik

Nayana Kowshik

CA Inter

120

1

258

Buyback

Accountancy

answered on 16-Jan-24 13:47

What is the meaning of this note

latest answer

you can use other free reserves or securities premium account.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

250

Premium on redemption of preference share

Accountancy

answered on 16-Jan-24 13:50

Can we use securities premium for providing premium on redemption of preference share

latest answer

No

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

238

CFS

Accountancy

answered on 13-Jan-24 08:13

Why interest actually paid financing activity not added to net profit before tax?

latest answer

You need to share question as well. Go through this video https://www.youtube.com/watch?v=BCujphqmx64&ab_channel=1FINbyIndigoLearn-CA%2CCS%2CCMA

Ujwal Reddy

Ujwal Reddy

CA Inter

7K+

2

262

AS16

Accountancy

answered on 16-Jan-24 13:54

Please specify reason for these answer

latest answer

When expenditure started.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

2K+

6

255