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Final accounts

Accountancy

answered on 21-Jun-21 12:50

Explain point 6 adjustment in detail

latest answer

Bank overdraft =160000

Adarsh Gudivada

Adarsh Gudivada

CMA Final

28K+

7

2K+

Valtldy of course

Exams

answered on 19-Jun-21 09:41

Sir I have an Icash of 189. I want to extend my course for 1 month which costs 150rs. But I'm unable to apply my Icash for course extension. Please help

latest answer

Haa yes

Vijay Ramesh

Vijay Ramesh

CA Final

1K+

4

744

NBFC Investments

Accountancy

answered on 22-Jun-21 06:03

What could be called as investments when its a co- operative bank or similar bank and how to classify assets and investments when it comes to banking companies?

latest answer

If they take loan from banks on security of their assets.

raju raju

raju raju

CA Inter

240

3

647

NBFC

Corporate & Other Laws

answered on 19-Jun-21 22:21

Are NBFC s severally liable? Like credit facilitating companies not investment banks

latest answer

NBFC's are companies - a company form of organization liability is limited to share capital if that share capital has been paid to company - share holders are no longer liable for anything

raju raju

raju raju

CA Inter

240

5

618

My Courses

Others

answered on 19-Jun-21 12:09

Sir you are saying that the may 21 courses will expire today but in "my courses section" classes are showing that 11days are remaining

latest answer

Ok sir thanks

siva chaitanya

siva chaitanya

CA Final

13K+

2

602

Value index

Maths & Stats

answered on 19-Jun-21 11:03

How to solve this sum?

latest answer

If base year i.e. 1990 values are PQ. Values in 2000 become 1.6P x 0.7 Q = 1.12PQ. Now increase of 0.12PQ is 12% increase

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

1

769

EIS Chapter 1

Information Systems

answered on 23-Jun-21 09:30

Is data flow diagram topic not in syllabus? As sir said you don't have study that...

latest answer

Okk ma'am thanku

Himanshu Somani

Himanshu Somani

CA Final

97K+

7

634

AS 10

Accountancy

answered on 20-Jun-21 02:24

In the attached page of text book, two techniques of revaluation are given..... May I know the video in which you taught about the attached page....? Please reply as soon as possible..... I am in terrible confused state

latest answer

Technique one Asset is stated a gross value and depreciation derived as an adjustment to revalued amount and carrying amount of asset Text book example Asset carrying amount -1000 Asset gross value 2500 Revalued amount =1500 Revised depreciation = 1000(2500-1500) Technique 2 Depreciation is eliminated and asset is shown at revalued amount Example Carrying amount -1000 Accumulated depreciation- 400 Revalued amount 1500 So first depreciation will be eliminated by deducting the value of asset Provision for depreciation a/c Dr 400 To asset a/c 400 Then the asset would carried at revalued amount by creding to revaluation surplus Asset a/c Dr 900 To revaluation surplus 900

ALDRIN G

ALDRIN G

CA Inter

12K+

3

636

Pre and post incorporation profit or loss

Accountancy

answered on 19-Jun-21 11:14

In this can we apportion bad debts as follows Recovered 36000 for sale made in june year 1 so adding to baddebt as exclusively for pre incorporation and remaining 33000 allocating in the pre and post in sales ratio. CAN WE APPORTION LIKETHIS .In book they added 36000 with existing 33000 and entirely (69000)apportioned in sales ratio

latest answer

Ok sir.

S.P. RAYAN

S.P. RAYAN

CA Inter

3K+

3

714

Sec 47

Corporate & Other Laws

answered on 19-Jun-21 11:19

Voting rights exempt to Pvt co??

latest answer

Section 47 is applicabe to private copany subject to its AoA. So, if AoA says section 47, not applicable, it will mention how are voting rights between members and that shall be followed.

Aswini Gorige

Aswini Gorige

CA Inter

7K+

1

580