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Recertification entry
Accountancy
answered on 01-Apr-21 23:07
Won't this omission be shown in cash book after knowing ?? In book ,it s shown only in discount allowed account.
latest answer
Sorry wrongly posted, no answer required
Reetikaa R
CA Final
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1
682
Doubt
Accountancy
answered on 02-Apr-21 14:42
Sir Cogs=os+purchases-closing stock -sales Or below screenshot is correct please advise me sir
latest answer
Refer to page no 7.6
sai t
CA Foundation
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15
631
Doubt
Accountancy
answered on 02-Apr-21 22:21
I couldn't get the answer for the adjustment encircled(in image) ,I got ans as 18000 but it is 20000 pls help me to get clarity
latest answer
Ok sir now I understood thank u
Sri kanaga Varshini
CA Final
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691
Journal
Accountancy
answered on 02-Apr-21 11:36
What is the entry for Cheque collected from Q â?¹500 and deposited for clearance
latest answer
Bank a/c Dr.. To Q's a/c
Reetikaa R
CA Final
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2
619
Contract of guarantee
Corporate & Other Laws
answered on 02-Apr-21 21:21
Sir /madam, if debtor fails to pay money to creditor then surety is liable to pay to creditor for that amount but still surety can recover that amount from debtor because there is implied contract of indemnity between surety and debtor. Incase if the principal debtor is a minor and that minor fails to pay to creditor so surety paid that amount to creditor. Can a surety recover that amount from minor debtor ? Is there still a implied contract of indemnity between surety and minor debtor?
latest answer
Thank you sir
Balamurugan V
CA Final
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2
608
Statutory reserves
Accountancy
answered on 03-Apr-21 12:44
What is a statutory reserve and why cannot we create statutory reserves when two companies are amalgamated?
latest answer
Amalgamation adjustment reserve is debited to bring in the statutory reserves of the transferor company. There is no creation of statutory reserves, it is transferred as per the rule
Rithani R.C
CA Inter
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3
992
Statutory reserves
Direct Taxation
answered on 02-Apr-21 15:03
What are the tax benefits of creating statutory reserves?
latest answer
One can claim deduction only if the reserve is created as per the conditions specified in that particular section. Eg: 36(1)(viii)
Rithani R.C
CA Inter
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2
710
Error
Corporate & Other Laws
answered on 04-Apr-21 14:16
Sir law notes are note opening its showing error
latest answer
We have sent it. But do check above message once. Thanks
Akshat Jain
CA Foundation
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4
695
Articleship
Others
answered on 02-Apr-21 18:36
How I choose my articleship ?
latest answer
Thanks bro
Mini Priya
CA Inter
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2
627
Doubt
Others
answered on 01-Apr-21 17:06
Sir is live session conducted by indigolearn are free of cost??
latest answer
OK sir thank you
sai t
CA Foundation
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6
532