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Partnership account

Accountancy

answered on 24-Aug-20 20:10

In paper5 only dissolution of partnership is applicable for nov20 exam.am I right? Or other topics also coverd?

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Paper 5(New syllabus): Dissolution of Partnership firm, including piecemeal distribution, Amalgamation, conversion into company, Sale to a company and issues relating to LLP. What the institute has suggested the portion applicable to the relevant attempt, only that will be applicable.

Vishwanath Tadur

Vishwanath Tadur

CA Inter

2K+

1

723

Statutory update

Direct Taxation

answered on 25-Aug-20 10:37

In income tax statutory update fr Nov 20 is it covered?

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Plse provide separately ...

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

4

687

Partnership accounts

Accountancy

answered on 24-Aug-20 17:25

ICAI study material Unit 2 Practical ques 2 What they did for Joint life policy? Why the make in the assumpition?

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There is a Bank Overdraft of Rs.1,50,000. The Joint life policy is said to be surrendered for Rs.47,500 (which is equal to the amount in the Balance sheet). The assumption is that once the reduction given by Bank for Rs.75,000 is including the surrender value of the Joint life policy. The surrendered amount is Rs.47,500, the bank gave a reduction of Rs.27,500 and finally made the outstanding amount to Rs.75,000. Bank overdraft (30th Sept. X1) = Bank overdraft (31st March X1) - Bank reduction [Surrender value of Joint Life policy + Additional reduction allowed] Bank overdraft (30th Sept. X1) = 1,50,000 - 75,000 [47,500 + 27,500] Bank overdraft (30th Sept. X1) = 75,000.

Gomathi K

Gomathi K

CA Final

40K+

1

816

Enterprise risk management

Information Systems

answered on 25-Aug-20 15:36

Plse explain enterprise risk management?

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Available in videos

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

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631

Bearer plant in as-10

Accountancy

answered on 25-Aug-20 15:27

Let us consider, A plant is held such that the branches of the plant can be cut and sold as agricultural produce. It is grown with an intention to hold for 10yrs so that it will be giving produce through out the life. At the end of the life, the plant can also be cut and sold similarly like branches. Now here in this case can we consider this plant as bearer plant?? Please explain....

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Thank you Nithish, helped a lot!!!

VIJAYA SARADHI MAGANTI

VIJAYA SARADHI MAGANTI

CA Inter

850

12

840

Alteration of profile photo

Exams

answered on 25-Aug-20 12:52

Can I change my photo on my profile details on ICAI

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OK. Thank you sir

lohita Prava

lohita Prava

CA Final

35

2

757

Process costing

Costing

answered on 24-Aug-20 15:32

In calculating equivalent production â?¢for the normal loss why there is no equivalent units calculated? â?¢ for the abnormal gain/yield why it is treated as 100% complete respect of all cost elements irrespective of percentage of completion.

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Normal loss cost will be distributed to good units so normal loss units are not considered

Swathi Krishna

Swathi Krishna

CA Final

8K+

3

884

Consolidation of financial statements

Accountancy

answered on 31-Aug-20 10:29

Shouldn't this be after the date of declaration?

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K

Swathi Krishna

Swathi Krishna

CA Final

8K+

5

762

Preparation of financial statements

Others

answered on 24-Aug-20 15:41

Under this module....4 th topic Disclosure of non current liabilities is not working

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What is the error? Can you share the error screenshot to support@indigolearn.com

Ramya Devi

Ramya Devi

CA Inter

580

1

663

As-10, Property,plant and equipment.

Accountancy

answered on 25-Aug-20 15:32

please explain about commercial substance in as-10 And how should an asset should be valued when asset is acquired by exchange

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What is your specific doubt. Please solve and share the solution. we can share specific explanations where you have an issue. We cannot solve full length problems for you

VIJAYA SARADHI MAGANTI

VIJAYA SARADHI MAGANTI

CA Inter

850

5

3K+