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- July 13, 2023 at 6:50 am #687904
Okay thanks.
July 11, 2023 at 12:36 pm #687841Okay thanks sir. So the solution given is incorrect, right?
The investment income in the Csop/l will be, 500+400*9/12-500-200= 100k. Am i right?June 20, 2023 at 5:01 am #687266Okay. Thank you sir.
June 9, 2023 at 2:00 pm #686649Okay. The Intra group loan interest will be adjusted from the Interest expense and investment income of the group entities. Only the items which are not cancelled out is adjusted to the subsidiaries profit to compute the Nci share?
So, only the purp, impairment and excess Fv depreciation should be adjusted to the sub’s profit while calculating the profit attributable to Nci?December 29, 2022 at 11:17 am #675172Thanks sir. I have watched your lectures.
December 26, 2022 at 6:19 am #675099Okay, Thanks sir.
September 2, 2022 at 8:51 pm #664978Okay, got it. Thanks.
July 25, 2022 at 3:05 pm #661817Okay, Thanks.
July 25, 2022 at 4:31 am #661764Sir, do they have to repay 400k? Shouldn’t the non current liability then be 400k?
How does the entry balances?
Dr Cash 380k
Cr. Loan 400kJuly 15, 2022 at 6:59 am #660560Thanks John. Got it.
July 14, 2022 at 10:21 am #660453Hi,
here’s the link
https://opentuition.com/topic/suspense-account-mock-test/I have watched all your FA lectures sir.
July 13, 2022 at 5:08 pm #660420Thanks John.
But I saw other thread with a similar question,
2) One page of transactions from the sales daybook with a total of $360 has been posted to the general ledger, but has not been posted to the sales ledger
After correcting these errors what should the balance on the suspense account be?
2304 CrAnd you replied as,
As far as the second error is concerned, the 360 should have been debited to the receivables account for the customer in the sales ledger but has not been. So to correct it, debit the account in the sales ledger and credit the suspense account.
So the final balance on the suspense account is 1944 + 360 = $2,304 credit.
So got confused.
June 19, 2022 at 4:19 pm #658997Thanks John.
May 23, 2022 at 5:58 pm #656270Is the Answer A cost of sales or B sales revenue?
May 23, 2022 at 4:06 am #656225How does inventory wastage affect cost of goods sold? Can you please explain why other options are not valid. I’m confused. Thanks.
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