UNDERWRITING OF SHARES

answered on 24-Aug-23 08:21

Why is total liability multipled with 10 (total liability*10) ??

latest answer

Should have been 100

Prathmesh Kharul

US CMA All

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3

227

Departmental accounts

answered on 26-Aug-23 13:14

There are two ways of solving ,which to follow In illustration 7 the markdown value of stock is taken to P & L through stock memorandum account ,in practice sum 4 the same is adjusted both in memorandum as well as markup account Which way to follow

latest answer

Both are fine.

Ramya Nagarajan

CA Inter

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1

248

Urgent doubt Plz help

answered on 23-Aug-23 08:43

where do we classify interest receivable on fd as per schedule 3 of Accounting standards(AS) balance Sheet.. All the fd's maturity is beyond 1 year from balance sheet date..

latest answer

Then non current

Sai Teja

CA Final

★ 14K+

3

271

UNDERWRITING OF SHARES

answered on 24-Aug-23 08:46

Why do we have to multiply total liability with 10 inorder to get underwriter liability??

latest answer

Should be 100

Prathmesh Kharul

US CMA All

★ 6K+

3

258

Type of accounts

answered on 21-Sep-23 20:26

Can we say that everything appearing on liabilities side except 'profit/loss' can be considered as personal accounts? Also what are exceptions of assets which are not real accounts except debtors and loans given?

latest answer

Use modern rules to become easy

Devika Venu

CA Foundation

★ 0

3

313

Adv acc - esop

answered on 21-Aug-23 19:01

Why we should multiply three times in no of options?

latest answer

tnx

Ganesh U

CA Final

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2

229

Dividend rules

answered on 24-Aug-23 08:51

If current year there is a profit of rs.1lakh Company has opening P&l reserve of rs.20lakh Now company wants to declare dividend of rs.5lakh In this case we need follow the below 3 conditions or not. I think we need to follow because we are declaring dividend by using free reserves

latest answer

You need to satisfy conditions

Krishnan K

CA Inter

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4

235

AS 22 ( deferred tax liability)

answered on 21-Aug-23 09:57

Can you provide explanation for the answer

latest answer

DTL reversal = Closing DTL Liability - Opening DTL liability

Sajeetha R

CA Final

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5

276

AS 18 RELATED PARTY DISCLOSURES

answered on 21-Aug-23 09:59

In the attachment, from (a) to (e), can someone classify the points as control or significant influence relationship and why?

latest answer

Control is when one party can take decisions over the other.

kalyan yuva

CA Inter

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1

238

Doubt in classes

answered on 21-Aug-23 09:59

Advance accounting under new syllabus Consolidated financial statements topic include AS 21, 23 & 27?

latest answer

Currently AS-21 is available. AS-23 & 27 will be available next month.

HariPriya C

CA Final

★ 3K+

1

301