Forums
Partnership accounts
Accountancy
answered on 07-Oct-21 17:21
Unrecorded assets in balance sheet ,whichis not taken over by partner and not realised Will it come to realisation account?
latest answer
The amount realised from such assets will come to realisation acccount.
venkatesh sundharamoorthy
CA Final
★ 34K+
5
562
Is Debentures and bonds are same please explain
Accountancy
answered on 07-Oct-21 09:55
What is the difference
latest answer
Debentures generally have a more specific purpose than other bonds. Both raise capital, debentures typically are issued to raise capital to meet the expenses of an upcoming project or to pay for a planned expansion in business.
Dhakshana Dhakshana
CFA L2
★ 18K+
2
477
Stats .....
Maths & Stats
answered on 07-Oct-21 10:35
What is broken bars ... Anyone explain me .... In below the pic....
latest answer
Thanks bro
Balachandar S
CA Inter
★ 59K+
5
535
Paper 3
Exams
answered on 07-Oct-21 09:32
We only have a few pages for rough work for paper 3 whereas some lengthy sums can be solved by writing. Can you please give me tips on how to pass paper 3 just by using calculator and those few sheets of rough paper.
latest answer
Ok.bro
Chris Topher
CA Foundation
★ 5
5
679
Cost of capital
Financial Management
answered on 07-Oct-21 21:18
Illustration 3 For redeembale debentures NP we give first preference to issue price and then market price But in solution why the take market price as NP even though they give IP?
latest answer
We are taking from 1.4.17 to 31.3.22 so we take market price
Balaji R
CA Final
★ 20K+
12
666
How do I plan to study EIS starting from tomorrow to exam date
Information Systems
answered on 07-Oct-21 09:57
Keep in mind I also have to attend my articles from 10 to 6
latest answer
If its first time, do make notes while studying in such a way that you can use it for quick revision
Noor Rehman
CA Final
★ 835
2
520
Doubts
Corporate & Other Laws
answered on 06-Oct-21 21:04
Sir in law can start preparation with company law then partnership than Sale of goods act then Last contract act Because contract act is talking long time to complete . Can start preparation of law 1) company act 2) partnership act 3) sale of goods act 4) contract act And at last 5) llp
latest answer
OK bro
sai t
CA Foundation
★ 2K+
5
516
Standard costing
Costing
answered on 06-Oct-21 20:53
Didn't understand the computation of variable overhead variances please explain them
latest answer
Standard variable oh for budgeted hours = Budgeted Variable OH÷Budgeted hours, i.e. Rs. 60000/30000hrs = Rs2/hr SVOH for budgeted output = budgeted voh÷Budgeted output, I.e. Rs. 60000/30000 unit=Rs 2/unit Actual VOH = Rs. 68000(Given) Standard VOH = 33000hrs(actual hrs) x Rs. 2/hr (SVOH for budgeted hrs) Recovered VOH = 32500 units (actual output) x Rs. 2/unit (SVOH for budgeted output)
Priyanka Udeshi
CFA L1
★ 14K+
1
541
Doubt
Indirect Taxation
answered on 06-Oct-21 20:18
Why tax is collected by govt what is the purposes to collect tax amount either direct or indirect way
latest answer
Beacause they need fund help for get money from rich and help to poor hence tgey fixed limit for taxes above the limit income earning we need to pay tax
Chandramouli A
CA Inter
★ 720
1
494
General doubt please explain
Accountancy
answered on 07-Oct-21 10:03
Explain me as simple as possible what is provision for depreciation and provision for bad debts why do we use it...if I have provision for depreciation and depreciation in a sum what should I do??I'm little confused about provisions help me
latest answer
Provision for depreciation is accumulated depreciation over years. It has to be reduced from the fixed assets in the balance sheet. If prov for depreciation is given in Trial balance - as opening then add current year depreciation and show as reduction from fixed assets. Provision for bad debts is amount set aside for debtors which might be non-recoverable. It is also set off against debtors to show the realisable debtors.
Dhakshana Dhakshana
CFA L2
★ 18K+
5
491