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Adv acc Banking company
Accountancy
answered on 05-Nov-23 19:25
P & L Nov 19 ques paper Ques 4 a *How come they have computed interest / discount to be 114,85 for the yr 2018- 19?
latest answer
Loss on sale of investment should be deducted from profit on sale of investment or should be shown in operating expenses. Since it was deducted from interest and discount it should be added back.
kowselyaa G
CA Inter
★ 2K+
5
257
Depreciation
Accountancy
answered on 06-Nov-23 09:21
6 X purchased a machinery on 1st January 2017 for Rs. 4 80,000 and spent Rs. 20,000 on its installation. On July 1, 2017 another machinery costing Rs. 2,00,000 was purchased On 1st July, 2018 the machinery purchased on 1st January, 2017 having become scrapped and was sold for Rs. 2,90,000 and on the same date fresh machinery was purchased for Rs. 5,00,000, Depreciation is provided annually on 31st December at the rate of 10% p.a. on written down value. Prepare Machinery account for the years 2017 and 2018 Loss on sale of Machine Rs. 1,37,500, Closing Balance of Machine: Rs.6,46,000
latest answer
What is your doubt in this?
Sonia Arora
CA Foundation
★ 0
2
559
AS 20 sum
Accountancy
answered on 05-Nov-23 19:26
In this sum...while computing BASIc EPS why convertible debentures issued taken in WANES?....................and the same (10lakh shares)is also divided by 2......why?
latest answer
You are welcome 🤗
kalees waran
CA Final
★ 195
5
309
NBFC
Accountancy
answered on 05-Nov-23 16:01
Can anyone share me NBFC handwritten notes.
latest answer
Thanks a lot
kowselyaa G
CA Inter
★ 2K+
5
324
Advanced acc - NBFC
Accountancy
answered on 07-Nov-23 11:52
Illus 3 “4 accounts Amount over due rs. 20 lacs - already identified as substandard assets “ What does already identified mean ?
latest answer
They have to be classified.
kowselyaa G
CA Inter
★ 2K+
1
234
AS-10 : Property plant and equipment
Accountancy
answered on 04-Nov-23 21:19
Cost incurred after PPE is ready for use but is not put to use / partially put to use is not included in cost of PPE . Explain!
latest answer
Got it. Thank you!
Gungun Lahoty
CA Inter
★ 325
2
238
As 16
Accountancy
answered on 03-Nov-23 17:02
Yesterday question paper Is my answer correct??
latest answer
Thank you sir
Krishnan K
CA Inter
★ 5K+
2
311
Order
Accountancy
answered on 07-Nov-23 11:55
Can anyone please let the the sequence to study AS 1-29 to be able to learn conveniently? Please
latest answer
Rest after that. Amalgamation, Cashflow, Consolidation along with main chapters.
Sathya Moorthy
CA Inter
★ 340
8
253
INVESTMENT PRESENTATION
Accountancy
answered on 02-Nov-23 12:53
For investment Ac sums can we use both sides of papers one for Dr side and another for credit side. Or Can we write the answer by rotating the paper and writing
latest answer
Try using horizontal , single page.
Study together IAS with tamil
CA Inter
★ 0
3
249
AS 10
Accountancy
answered on 01-Nov-23 19:08
Can building inauguration expenses be capitalised on the building?
latest answer
No
Hushwanth N
CA Inter
★ 8K+
1
237