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Accountancy

answered on 24-Aug-21 13:07

Why in this sum we have prepared partner capital accounts from 1.6.x2 when they haven't specified anything like that.??

latest answer

Ok mam thank you

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

2

484

Principal's liability

Corporate & Other Laws

answered on 24-Aug-21 12:10

How is in example 49, the transaction void. The principal should be liable since it was authorisd agent.

latest answer

Because A is not authorised to sign bill of lading even without goods are actually received.This act was beyond his authority and hence void

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

515

Consolidated financial statements

Accountancy

answered on 24-Aug-21 12:05

I can't understand 3rd point below please explain

latest answer

I have typed mam but it came like that sorry mam

Miradevi S

Miradevi S

CA Final

16K+

4

681

???

Economics

answered on 24-Aug-21 20:31

Demand relationship of 2 complementary goods ? And demand relationship of 2 competitive goods ?

latest answer

Yes. If tea price increases, coffee prices will be relatively cheaper and creates more demand

Fayis E

Fayis E

CA Inter

5K+

3

588

Partnership

Accountancy

answered on 24-Aug-21 10:29

If in the question, they give simply as partnership and not mention whether it is LLP or unlimited liability partnership. In this case what will be the treatment for this question?

latest answer

Solve assuming normal partnership

Vijay K

Vijay K

CA Inter

9K+

1

486

Direct Entry - December 2021

Exams

answered on 25-Aug-21 12:59

I am a direct entry student and I started my articleship on Feb 22, 2021. Can I write this Dec 2021 Inter as I will complete 9 months by Nov 22, 2021.

latest answer

ICAI has not yet come up with any specific announcement on this. Please write to ICAI using helpdesk option.

Harish R

Harish R

CA Inter

2K+

1

594

HUF

Accountancy

answered on 24-Aug-21 12:35

What is mean by " HUF - Hindu Undivided Family " . Is HUF a company or corporation. What is their field in society. Simply who are they ? Even I have searched in Google but still I can't understand.

latest answer

Thank you sir.

Vijay K

Vijay K

CA Inter

9K+

4

525

doubt

Accountancy

answered on 24-Aug-21 10:03

in this sum how conversion of debentures from equity shares comes 1,10,000 shares

latest answer

Good

Chandramouli A

Chandramouli A

CA Inter

720

3

490

Sub Agency

Corporate & Other Laws

answered on 24-Aug-21 09:27

How is example 19 a case of paper appointment

latest answer

Here B was the carrier however A was liable even thouogh he didnt do anything , and now A is liable , so is A's principal , So A's principal is bound by B's act even though he dud not directly appoint B , it will be presumed that he did

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

457

Agreement

Accountancy

answered on 25-Aug-21 10:18

The question in the image is just a social agreement and unenforceable by law. Am I right?

latest answer

Ok mam thank you

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

4

552