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Investment accounts

Sir, in below problem in question given that interest is received on 30th September. Then if we sold debentures in october how interest will come.

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Star Ca

Star Ca

CA Inter

3K+

07-Mar-20 06:19

43

Answers (3)

Interest would not be received.


Suraj Lakhotia

Suraj Lakhotia

Admin

07-Mar-20 11:16

Interest would not be received.

Sir, in partnership account what is business purchase a/c Why we prepare it and pls see the ism illustration 2ð???ð???


Booli Bharath

Booli Bharath

CA Inter

4K+

11-May-20 22:09

Sir, in partnership account what is business purchase a/c Why we prepare it and pls see the ism illustration 2ð???ð???

Business purchase account is prepared to incorporate assets and liabilities and settle the purchase consideration. You will learn it in depth in Amalgamation of companies chapter.


Suraj Lakhotia

Suraj Lakhotia

Admin

13-May-20 10:18