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Adjustments in final accounts

Accountancy

answered on 26-Feb-20 17:45

What are we supposed to do in 5th Adjustment

latest answer

Its correct.

Niyantra M

Niyantra M

CA Foundation

220

4

570

INVENTORIES

Accountancy

answered on 20-Jan-20 19:46

How is net profit for the current year is overstated, if closing stock is overstated?

latest answer

Draw a trading account and just increase the closing stock. You will figure out why it increases.

Niyantra M

Niyantra M

CA Foundation

220

2

568

Depreciation

Accountancy

answered on 17-Jan-20 13:31

All topic explan with small notes

latest answer

You can check accounting notes for CA Foundation

Rohan karthi

Rohan karthi

CA Foundation

0

1

559

Ammentment

Accountancy

answered on 17-Jan-20 13:32

How to relize it ?

latest answer

What's your query

Abhishek thampi

Abhishek thampi

CA Inter

0

1

620

Accounting standards

Accountancy

answered on 12-Mar-20 12:58

Sir .....how to prepare standards... Theoitical part is easy to understand but.....when it come to practicality....IAM confused which source has to refer for practice.....

latest answer

ð???

Suman. Parihar

Suman. Parihar

CA Inter

1K+

8

674

Redemption of preference shares

Accountancy

answered on 18-Feb-20 11:16

Sir you said while calculating number of preference shares we should not include security premium... As we deal all companies under sec-133. **but you have included security premium to find number of shares required to issue why??? In illustration-4

latest answer

Thanks for asking this question

Star Ca

Star Ca

CA Inter

3K+

6

868

Syllabus

Accountancy

answered on 21-Feb-20 11:35

Sir which part of partnership is removed from group 1 accounts

latest answer

Partnership from group 1 is moved to group 2 From may 2020 onwards. SO, no partnership in group 1

K Ram Prakash

K Ram Prakash

CA Inter

6K+

5

711

Doubt

Accountancy

answered on 16-Feb-20 09:39

Can any one explain why credit sales of furniture is not enter into salesbook??

latest answer

I missed the small logic

sai t

sai t

CA Foundation

2K+

5

789

Doubt

Accountancy

answered on 26-Apr-20 16:45

Why don't we write closing balance of ledger for purchase account for purchase books??

latest answer

Tnq sir

sai t

sai t

CA Foundation

2K+

4

745

Doubt

Accountancy

answered on 26-Apr-20 16:45

Can any explain why 'provision of depreciation' for furniture was written in credit side of trial balance rather than in debit side .

latest answer

Tnq

sai t

sai t

CA Foundation

2K+

3

740

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