Solution to ipcc accounts november 2014 paper
Page no : 2
Kunal Bhati
(Student)
(23 Points)
Replied 16 November 2014
Ankit
(a)
(23 Points)
Replied 16 November 2014
shakuntala chhangani
(FCA Course co-ordinator WIRC coaching centre)
(2525 Points)
Replied 16 November 2014
@ Ankit, It means if you have 6 Rs. in the beginning of the day. You get Rs. 10 and spend Rs. 10 on the same day. Your closing balance will be NIl or Rs. 6??????
Sadique Ahmed
(student)
(52 Points)
Replied 16 November 2014
shakuntala chhangani
(FCA Course co-ordinator WIRC coaching centre)
(2525 Points)
Replied 17 November 2014
@ Sadique Ahmed, I have uploaded FM part solution. Costing solutions are not yet ready. it will be uploaded soon.
learner
(nil)
(243 Points)
Replied 17 November 2014
shakuntala chhangani
(FCA Course co-ordinator WIRC coaching centre)
(2525 Points)
Replied 17 November 2014
@ Rishabh ...
as per AS 13, if the shares r puchased cum-right, then proceeds of right is credited to investment A/c. else it is credited to P/L A/c
learner
(nil)
(243 Points)
Replied 17 November 2014
Prateek Tiwari
(Senior Accountant / Account & Audit Assitant)
(149 Points)
Replied 23 November 2014
shakuntala chhangani
(FCA Course co-ordinator WIRC coaching centre)
(2525 Points)
Replied 23 November 2014
@ prateek Tiwari, it has already been uploaded within 12 hours of ur adv accounting paper at caclubindia only. search ipcc adv accounting nov 2014 paper solution
NITESH GUPTA
(ARTICLE)
(22 Points)
Replied 28 November 2014
shakuntala chhangani
(FCA Course co-ordinator WIRC coaching centre)
(2525 Points)
Replied 28 November 2014
@ Nitesh Gupta... if it is not shown as outstanding in the balance sheet, it means it must have been paid no? no question of assumption.
NITESH GUPTA
(ARTICLE)
(22 Points)
Replied 02 December 2014
shakuntala chhangani
(FCA Course co-ordinator WIRC coaching centre)
(2525 Points)
Replied 02 December 2014
@ Nitesh Gupta... my dear, had the balance sheet been given to u, why the question would have asked you to prepare it?
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