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Final a/c of sole proprietor
Accountancy
answered on 08-Sep-22 12:57
Sundry Debtors- 48000â?¹ Sundry Creditor- 29600 *Adjustment Included amongst the debtors is â?¹6000 due from rahul and included among the creditorsâ?¹2000 due to him*. Pls anyone solve this adjustment
latest answer
Thank you
Harshita Tripathi
CA Inter
★ 2K+
4
692
Classification of non current investments as trade investment and other investments
Accountancy
answered on 14-Sep-22 01:55
I wanted to know how can non current investment be classified as trade investment? Because if we are holding an investment for trading, then it should be current investment . And if it's non current investment, that means it is meant to be retained in business for long, and not meant to be sold. So non current trade investment is quite a confusing term for me. Please clarify
latest answer
Ok got it sir
Garima Bhargava
CA Inter
★ 185
2
515
Final account
Accountancy
answered on 29-Sep-22 15:54
Treatment of loss by fire Deduct from Puchases and transfer to p&l a/c But in question it shows amount deduct fom sale Which is right purchase or sale?
latest answer
Abnormal loss i,e 2000 should be credited to trading account and the insurance claim i,e 1500 is recorded in asset side In p and l account loss on fire ie (2000-1500= 500 should be debited to the account
Nakul Dixit
CA Final
★ 4K+
4
516
Death of a partner
Accountancy
answered on 07-Sep-22 20:22
In video, sir said something. In material it is showing something. Which is the correct one?
latest answer
Ok sir.
Rupa Devi Akkala
CA Final
★ 37K+
15
543
Cash Book
Accountancy
answered on 08-Sep-22 10:27
Please someone tell me whether this Cash book is correct or not. The question asks Cash Balance and Bank Balance ? How to find it out - Cash Balance and Bank Balance ?
latest answer
What ?
Ardhendu Sekhar Acharya
CMA Inter
★ 250
10
597
Banking company
Accountancy
answered on 13-Sep-22 17:00
For November 2022 attempt, SLR rate for Bank is 18% or 23%.
latest answer
4% and 18%
Balaji K
Qualified CA
★ 7K+
3
418
Cash Book
Accountancy
answered on 07-Sep-22 19:12
Please anybody tell me what will the Cash Book entry for October 10.
latest answer
Bill Payable A/c will be debited and Bank A/c will be credited. So on credit side of cash book- by bills payable â?¹5000
Ardhendu Sekhar Acharya
CMA Inter
★ 250
5
599
Exam related
Exams
answered on 07-Sep-22 19:13
I have competed statistics plus logical reasoning it is necessary to study maths?
latest answer
Yes...it is very much necessary to cover maths as well
Tanishka Gaykawad
CA Foundation
★ 5K+
4
545
Cash Book
Accountancy
answered on 07-Sep-22 17:47
The answer is Rs 1,55,350 but my answer is coming out as Rs 1,55,100. Please if anyone can help me in finding my mistake.
latest answer
It's okay...
Ardhendu Sekhar Acharya
CMA Inter
★ 250
5
640
Journal Entry
Accountancy
answered on 20-Sep-22 19:46
Can anybody tell me please what will be the Journal Entry for : 1."Cash in Hand" 2."Cash withdrawn from Bank for office use."
latest answer
In 1st question Cash in hand if it tells about business or related to business run then the journel is Cash account ....Dr To Capital account In 2nd Cash account....Dr To bank account
Ardhendu Sekhar Acharya
CMA Inter
★ 250
10
793