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Branch accounts doubt

Accountancy

answered on 14-May-22 10:58

Why in illustration 1(b) in branch expense account To expense is written , it should be To HO

latest answer

No. In the last entry Branch becomes our debtor. See it I have debited branch A/c

Sahil walia

Sahil walia

CA Inter

5

3

656

Banking Companies, Unit 5, Illustration 7(d)

Accountancy

answered on 14-May-22 10:10

Entry for Opening RBD is: Rebate on BD a/c To Interest & Discount a/c Why Opening Balance is not considered in Interest & Discount A/c here. Please clarify my doubt.

latest answer

Thank you for clarifying. ð???

Rahul Chandramouli

Rahul Chandramouli

CA Final

600

2

690

Investment ledger account

Accountancy

answered on 14-May-22 08:39

Typically investment is what type of account real account or nominal account investment ledger account?

latest answer

Yes

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

3

520

Examination

Corporate & Other Laws

answered on 14-May-22 10:44

Ma'am if there is a question in exam answer of which contain 15 point so what so what should 1) write all points 2) write few points with explanation?

latest answer

Yes

Nai Jay

Nai Jay

CA Inter

7K+

7

506

Financial accounts

Accountancy

answered on 14-May-22 12:48

What is Adjusted Purchases

latest answer

OS + Pur - CS = COGS Pur - CS = Adj Pur

Harsh Mittal

Harsh Mittal

CA Final

1K+

5

482

Branch accounts doubts

Accountancy

answered on 14-May-22 10:40

In practical question 5 please explain calculation of 245 and 2188 in branch account

latest answer

Yes i did

Sahil walia

Sahil walia

CA Inter

5

9

494

Branch accounts doubts

Accountancy

answered on 14-May-22 13:22

Why in practical question 7 in bangalore branch adjustment account 20%of 900000 is taken ot should be 900,000Ã?20/120 and 20% is taken when question 25% is given then it should be 900000Ã?25/125

latest answer

It is 25% on cost. So it is 20% on invoice price.

Sahil walia

Sahil walia

CA Inter

5

1

533

Branch accounts doubts

Accountancy

asked on 13-May-22 22:53

Why in practical question 8 in woking note 2 invoice value 954000 is taken why cost value ia not taken

latest answer

No answers yet!!

Sahil walia

Sahil walia

CA Inter

5

0

418

Branch accounts doubts

Accountancy

asked on 13-May-22 22:51

Why in practical question 6 furniture is shown atv18 it should be 18-2=16

latest answer

No answers yet!!

Sahil walia

Sahil walia

CA Inter

5

0

409

Branch accounts doubts

Accountancy

answered on 14-May-22 10:15

What is meaning of acceptance in point 4 of practical question 3

latest answer

Ok i am attaching pictures on my queries , you can see on the app

Sahil walia

Sahil walia

CA Inter

5

4

409