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Revaluation loss

Accountancy

answered on 11-Oct-22 10:01

A machine is revalued downward and no Balance in revaluation surplus then it is charged to p&l by which name ??

latest answer

The revaluation profit/ loss is transferred to the capital accounts of all partners.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

488

Is it mandatory to prepare assets disposal a/c

Accountancy

answered on 10-Oct-22 23:38

Is it mandatory to prepare assets disposal a/c in case of provision for depreciation??

latest answer

Prepare if asset is sold during the year.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

468

Interpretation

Corporate & Other Laws

answered on 11-Oct-22 11:35

A)Is there any symbols that are fixed to sections, subsections, clause, subclause like 1,2,3,/1,2,3,/a,b,c/ i ii iii iv. B)what if there is any addition to the clauses of a section which is already existed with 26 alphabets, what should lawmakers use for those added clauses.Do they change the alphabet symbol of clauses to numbers?

latest answer

Thanq sir

Eswar Narayan

Eswar Narayan

CA Inter

3K+

5

637

Partnership

Accountancy

answered on 12-Oct-22 13:58

Please anyone prepare cash and bank account

latest answer

Please try solving and post your answer. You will learn better from your own mistakes than from other's correct answers

Harshita Tripathi

Harshita Tripathi

CA Inter

2K+

2

460

Probability

Maths & Stats

answered on 12-Oct-22 12:01

Greetings sir, Q.no 13 (set B) is incomplete in IL notes sir...and the answer is quite confusing too...so kindly solve it sir

latest answer

Thanks for highlighting, we will update.

Yamuna S

Yamuna S

CA Inter

15K+

5

554

Dividend Decision

Financial Management

answered on 11-Oct-22 10:53

Can anyone pls explain how they found out Dividend per share value? (Qn9)

latest answer

I think so,

Manoj Raj

Manoj Raj

CA Final

12K+

3

485

AUDIT PROCEDURES

Auditing

answered on 12-Oct-22 12:35

If the purpose of Audit procedures is to test overstatement of existence and valuation of accounts payable, then testing the recorded accounts payable is relevant, whereas for understatement it is irrelevant. How testing recorded accounts payable is relevant for overstatement?

latest answer

Thanks for attaching and helping out.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

12

901

Probability

Maths & Stats

answered on 11-Oct-22 10:05

What is the answer for the question... option a or c

latest answer

Options c

Yamuna S

Yamuna S

CA Inter

15K+

4

526

Probability

Maths & Stats

answered on 11-Oct-22 10:17

What is the appropriate answer for the question attached...with explanation

latest answer

Divided by*

Yamuna S

Yamuna S

CA Inter

15K+

2

450

Correlation & Regression

Maths & Stats

answered on 11-Oct-22 17:48

Regression equation of Y on X is 8X â?? 10Y 66 = 0 and SD(x) = 3, find the value of Cov (x, y).? Please solve.

latest answer

byx = 8/10. Use byx = cov (x,y)/SDx and substitute values

Gaurav Choubey

Gaurav Choubey

CA Foundation

1K+

1

497