When goods are sent to the branch at a loaded price, we reverse the entry (in excess to the loaded price) but when opening stock or closing stock is entered we on the opposite side dr./ cr. stock reserve account, ...
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Discount of issue of debentures written off is added in operating activity but not deducted in financing activity, why?
Is premium on redemption of debentures appropriation of profit? If yes, why?
In cash flow statement suppose both advance tax account and provision for tax account are given. The following entry is passed- P/l a/c….Dr. To Provision for tax Account Why is this entry later reversed?
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What if in the sums of capital adequacy ratio , nothing is mentioned whether in capital tier 1 securities premium is cash realised or not then what to be considered????
when we say fresh issue of shares or other secutities is to be done when buy back is carried out, here for eg. equity shares are bought back, so we cannot issue equity shares but can issue prefernce share or ...
is provision for doubtful debt created as per AS4 beacuse it is a contigencies and not as per AS 29. morever is reserve for doubtful debts and provsion for doubtful debt same or you may say reserve for bad debt ...
In solution while passing the journal entry , why is