Forums
Credit provision
Accountancy
answered on 28-May-20 08:25
What is credit provision for bad debts? And how should it be treated? Should we subtract provision for bad debts from credit provision for bad debts , it is mentioned in the first line of the below attached photo
latest answer
PBD is a provision. It is reduced from Debtors in Balance sheet. If PBD balance is more than required then the excess is credited to P&L.
lithish kumar
CA Final
★ 3K+
6
1K+
Rectification
Accountancy
answered on 25-May-20 18:00
One item of purchase of â?¹ 25 has been posted from the day book to ledger as â?¹ 250. Then in trial balance purchase will have 250 debit bal and the supplier will have 25 credit bal and we will have a suspense account having credit bal of 225 So when we rectify I thought it should be Suspense account dr â?¹ 225 To purchase account â?¹ 225 But the answer in the book is Supplier a/c dr â?¹ 225 Suspense a/c â?¹ 225 Please help me to correct
latest answer
Once you post 250 in day book, the creditor account is credited by 250. Posting in ledgers happen from day book.
lithish kumar
CA Final
★ 3K+
1
1K+
Ca foundation
Others
answered on 25-May-20 17:09
I have been paid for ca foundation full course for Aug 2020 but I'm not getting any videos in my course so please find the mistake and correct it.
latest answer
Thank you sir
Brindha Ramakrishnan
CA Inter
★ 390
2
747
Query
Others
answered on 25-May-20 12:16
When does my courses get expire if I buy For nov2020 attempt??
latest answer
Thank u sir
Reetikaa R
CA Final
★ 7K+
4
715
Thanks for giving us download option
Others
answered on 25-May-20 15:41
Occasionally my home's wifi connection cause problems to connect to my mobile. Now I can watch videos seamlessly after downloading them. Thank you.
latest answer
You can download 3 hours in a day. The time to complete those 3 hours for a student would be around 4-5 hours. Students can still watch online any number of hours.
Kumarjit Dey
CA Inter
★ 4K+
10
763
Articleship
Others
answered on 24-May-20 23:15
Will the days that i go for ITT training be counted as leave or on work during articleship
latest answer
Thank you sir
San Samm
CA Inter
★ 2K+
2
798
Bank reconciliation statement
Accountancy
answered on 25-May-20 17:07
To rectify in adjusted cash book, if I have given a point like bank interest and charges amounting to â?¹4200 had been charged in the bank statement but not entered in the cash book My question is bank charges is a debit in passbook and bank interest is a credit balance in passbook but nothing has been mentioned clearly how should I consider it ,is it a inflow or outflow in cash book
latest answer
Thank you sir I got it
lithish kumar
CA Final
★ 3K+
5
946
Accounting standards ca Final old
Accountancy
answered on 24-May-20 18:11
I just bought Accounting standards [ca Final old] Where can i find pdf notes ?
latest answer
Found it. Thank youð???
Jai Vasuri
CA Inter
★ 4K+
2
764
Self ledger balancing
Accountancy
answered on 25-May-20 11:07
I'm intermediate July 2020 exam ,self ledger balancing chapter is useful for any another chapter concept are we leave it that
latest answer
We cannot predict and comment on specific chapter being tested in exams.
Kanaga Mani
CA Inter
★ 3K+
1
847
Cma inter
Others
answered on 24-May-20 09:12
Sir i am doing my cma inter I have purchased 2 papers of financial accounting and cost accounting from the app Is that videos enough for my examss Or do i need to again go with the cma institute module??
latest answer
Please skim through the material once at least so that nothing is left out
Srividya Vidya
CA Final
★ 0
1
743