Forums
Partnership ( admission)
Accountancy
answered on 09-Apr-25 17:11
Whether we assumed that goodwill was also brought in by cash or not . Is it necessary to record the goodwill in the partners capital account , in some cases we didn't record it the goodwill in the partners capital account . In What cases goodwill should be mentioned in the partners capital account
latest answer
Goodwill as a ledger is not recorded in capital account. We credit old partners in the ratio of their sacrifice ratio. oR you can credit old partners in old ratio and debit all partners in new ratio. For goodwill that is brought in cash, we credit the capital account of partner who has brought the goodwill amount. Even in this case old partners will be credited with gaining ratio.
Clement A
CA Foundation
★ 0
1
314
maximum limit for paid up share capital and turnover
Corporate & Other Laws
answered on 04-Apr-25 06:39
in the definition of the small company its given as 10cr and 100cr as the maximum limit, but ma'am says it as 4cr and 40cr so which is correct plz let me know that.
latest answer
thank u so much.
susan kavumkal
CA Inter
★ 1K+
2
234
Solve question no 5, 6, and 8
Maths & Stats
answered on 03-Apr-25 12:57
Solve question no 5, 6, and 8 of methamatics of Finance
latest answer
Q5
JOURNEY TO BE A CA
CA Foundation
★ 0
4
192
Impairment lossess
Financial Reporting
answered on 03-Apr-25 11:31
Why we are adding Impairment losses as it is not deducted anywhere in consolidated P/L ac given in qn .
latest answer
It would have been a part of other expenses.
Sowmitha C
CA Final
★ 4K+
1
238
Eps
Accountancy
answered on 03-Apr-25 11:24
In this question dates are not mentioned then why 3m and 9m taken
latest answer
It’s solved
Sushmita Chowdhury
CA Inter
★ 2K+
2
202
Horizontally integrated diversification
Strategic Management
answered on 16-Apr-25 14:06
HID subdivided into two Consentric Conglomerate and VID subdivided into two Forward, backward But in workbooks it shows different?
latest answer
Yes. Vertically is subdivided as forward and backward. This is similar to backward and foward integration.
anju B
CA Inter
★ 21K+
1
213
sec 24(a)
Direct Taxation
answered on 03-Apr-25 21:32
sir. i read that sec 24(a) applies to properties situated in india only......how a standard deduction of 30% is made in this case?....will later remitting to india change taxability?
latest answer
It is for properties in India or outside India.
Nandhini Sekar
CA Inter
★ 400
1
222
National income
Economics
answered on 03-Apr-25 16:25
what should be the answer to this question? It's really confusing
latest answer
thank you
Asmita Kar
CA Foundation
★ 7K+
2
175
IFOS head - Q12
Direct Taxation
answered on 03-Apr-25 21:33
Please check whether answer solved by me for Q12 is correct or not.
latest answer
50K is considered aggregate for all transactions.
Mehak K
CA Final
★ 3K+
1
161
Income from other sources
Direct Taxation
answered on 03-Apr-25 21:34
Will income from undisclosed sources be a part of income from other head's?
latest answer
Yes.
Mehak K
CA Final
★ 3K+
1
203