Solution to ipcc accounts november 2014 paper

@ 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, I have uploaded FM part solution. Costing solutions are not yet ready. it will be uploaded soon.

tanx a lot madam !!!!

@ 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

@ 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... 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... my dear, had the balance sheet been given to u, why the question would have asked you to prepare it?