Economics, Accounting & Business: Post your doubts here!

[shanky631]

hey friends, is profit &loss appropriation replaced by statement of changes in equity???

 

[parthrocks]

hey friends, is profit &loss appropriation replaced by statement of changes in equity???

I guess statemnt of changes in equity is for limited companies....the distribution of profits that is dividends,transfers,premium,etc and profit and loss appropriation is in partnership where the partners distribute their profits after deducting salries and interest on capital and interest on dreawings!!!!Guess so!!!

 

[shanky631]

I guess statemnt of changes in equity is for limited companies....the distribution of profits that is dividends,transfers,premium,etc and profit and loss appropriation is in partnership where the partners distribute their profits after deducting salries and interest on capital and interest on dreawings!!!!Guess so!!!

but dude i am talking about profit and loss appropriation of limited companies. That's different.

 

[shanky631]

and is it the same as disolution of partnership!???is ity??????reply friends!!!

i think they are the same bcoz at the time of dissolution only, the realisation account is prepared but not completely sure. ????

 

[parthrocks]

WHAT IS PORTERS FIVE FORCES ANALYSIS????CAN SOMEONE EXPLAIN ME?

 

[supremeashish]

i need help in economics A2 paper 4
june 2005 Qn.2, june 2003 Qn.3, october 2004 Qn.4

 

[parthrocks]

can somebody help me with accounting mcq's??past papers of paper 3...mcq's...plzzzzzzzzzzzzzzzzzz

 

[parthrocks]

can somebody help me with accounting mcq's??past papers of paper 3...mcq's...plzzzzzzzzzzzzzzzzzz

anyone der accounting student??????

 

[john10]

does anyone have any valuable notes regarding commerce subjects. i really need them bad.

 

[shanky631]

does anyone have any valuable notes regarding commerce subjects. i really need them bad.

Kkkk. Check ur inbox. I have sent some really good notes.

 

[MnMz]

can somebody help me with accounting mcq's??past papers of paper 3...mcq's...plzzzzzzzzzzzzzzzzzz

which questions exactly?!

 

[supremeashish]

can any one send me notes of ECONOMICS A2 course..........
[email protected] or [email protected] plzzzzzzzzzzzzzzzzzzzzzzzzz

 

[parthrocks]

Accounting doubt:-
If the selling price,net realisable value and ther cost of inventory is given,,,so should the stock br recorded at the lowest value of all threee things,....or just the lowest of NEt realisable value and cost????plz help my freinds!!

 

[parthrocks]

Accounting doubt:-
When do we use Fifo and avco method....i mean after using it then we compare the cost of the stock with the selling price....m i correct?

 

[MnMz]

Accounting doubt:-
If the selling price,net realisable value and ther cost of inventory is given,,,so should the stock br recorded at the lowest value of all threee things,....or just the lowest of NEt realisable value and cost????plz help my freinds!!

at the NRV AND COST ONLY!!! and if there are repairs ...then u minus frm NRV to get the new NRV and then compare

 

[MnMz]

Accounting doubt:-
When do we use Fifo and avco method....i mean after using it then we compare the cost of the stock with the selling price....m i correct?

no no u compare the closing stock only!!

 

[parthrocks]

at the NRV AND COST ONLY!!! and if there are repairs ...then u minus frm NRV to get the new NRV and then compare

hey i just saw one a sum in which they had also given the new selling price...and they considered all the 3---selling price,cost and NRV...really,,,,,bt is it so!!in a levels

 

[parthrocks]

no no u compare the closing stock only!!

then when do we use fifo and lifo....for what purpose valuation right?

 

[MnMz]

hey i just saw one a sum in which they had also given the new selling price...and they considered all the 3---selling price,cost and NRV...really,,,,,bt is it so!!in a levels

the link?! show me the ques.!

 

[MnMz]

then when do we use fifo and lifo....for what purpose valuation right?

they are all stock valuation methods .... nothing else...!