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Partnership accounts. Joint life policy

Accountancy

answered on 11-Nov-22 21:37

Please say where I did wrong JLP realised for 26000.I distributed 26000 But they distributed only 6000(26000-20000{shown in books}).why did they done like that

latest answer

I will say thanks at Hyderabad meet sir

Sairam Reddy

Sairam Reddy

CA Final

10K+

7

829

Inherent limitation on auditing

Auditing

answered on 09-Sep-21 10:29

Factors affecting inherent limitation of audit is good or bad for the entity

latest answer

Thanks

Gandhi k

Gandhi k

CA Inter

3K+

2

3K+

Bailment

Corporate & Other Laws

answered on 10-Sep-21 12:02

Sir give an example for Suit by bailor and Bailee against wrong doers

latest answer

If a third person wrongfully deprives the bailee of the use or possession of the goods bailed, or does them any injury, the bailee is entitled to use such remedies as the owner might have used in the like case if no bailment had been made; and either the bailor or the bailee may bring a suit against a third person for such deprivation or injury. This is from book example

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

50

2

495

Bailment

Corporate & Other Laws

answered on 09-Sep-21 17:51

Sir explain 9 que 2 nd point c point

latest answer

Still they should retain until they pay

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

50

3

547

Bailment

Corporate & Other Laws

answered on 09-Sep-21 12:09

Sir explain not to set up an adverse title 7 que 6th point

latest answer

Adverse title means title set up in opposition to another's title. Point says, bailee has a duty not to claim title / ownership of goods. It cannot later say, no these are mine or X's goods, not bailor's goods

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

50

1

493

AS 10

Accountancy

answered on 09-Sep-21 08:39

Asset acquired in exchange . Journal entry of the attached question ?

latest answer

My pleasure

Chandan Subudhi

Chandan Subudhi

CA Final

12K+

7

501

Error in trial balance

Accountancy

answered on 03-Oct-21 17:15

When we will come to whether we have created any compensating or non compensating error in trail balance

latest answer

okay

Harsh sharma

Harsh sharma

CMA Inter

55

8

636

Bailment and pledge

Corporate & Other Laws

answered on 08-Sep-21 21:47

Difeerence bw possesion and custody

latest answer

Custody relates to care or legal right over goods. Example, servant has custody of goods to look after them. Possession involves more control over them which could be in the form right to use, right to move / shift around etc.

B. S. V Subramanyam

B. S. V Subramanyam

CA Inter

50

1

611

Basic doubt

Accountancy

answered on 08-Sep-21 23:24

What is the logic behind using "To" and "By" in Ledger accounts?

latest answer

Thank you

Girinath A

Girinath A

CA Inter

765

3

511

salaries additional illustration 5

Direct Taxation

answered on 09-Sep-21 15:33

conveyance alloowance of rs 1000 pm is given by the company towards actual reimbursment of conveyance spent on official duty This point is not discussed in the video. what is tthe treatment in relation to such point?

latest answer

ok thank u

Vijay Ramesh

Vijay Ramesh

CA Final

985

2

542