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CRR
Accountancy
answered on 07-Oct-23 13:30
Why we r creating CRR? In redemption of Pref SC
latest answer
Thank you
Kavi Dharshini
CA Inter
★ 11K+
2
288
Amalgamation
Accountancy
answered on 06-Oct-23 23:45
Why we are not segregating premium on preference share capital when incorporating journal entries in this question
latest answer
Okk
Ramya Telikicherla
CA Final
★ 6K+
2
271
AS7
Accountancy
answered on 10-Oct-23 17:03
How's the loss on contract is 10L here?
latest answer
Material cost 50 Labour - 60 Dep - 20 Future cost - 80 Total 210
Monika T
CA Final
★ 7K+
1
386
Redemption of debentures
Accountancy
answered on 06-Oct-23 13:20
Anyone can please solve these !!
latest answer
Okk Thanks
jayesth Jain
CA Foundation
★ 835
9
285
AS 13
Accountancy
answered on 05-Oct-23 13:46
In new syllabus investment chapter has sums but in classes I don't see any sums will it get updated?
latest answer
Ok sir thank you
HariPriya C
CA Final
★ 3K+
2
283
Basics
Accountancy
answered on 05-Oct-23 17:07
Sir if we are asked to prepare financial statements From journal to b/s whether depreciation comes in trial balance?
latest answer
💯 Exactly 🤣😜
Sugam SM
CA Final
★ 9K+
20
398
AS 05
Accountancy
answered on 04-Oct-23 19:40
Could someone explain the ii point under illustration 02 Which is given below
latest answer
With Retrospective effect, the company signed(made) an agreement with Employees union on 1-9-X2, for revision of wages from 30-9-X1 onwards. For that co. had to pay the additional amount of 5,00,000, due to revise of wages. So for that purpose the disclosure of that amount is necessary or not i.e; amount of 5L is correct amount or not to disclose.
Balachandar S
CA Inter
★ 59K+
1
314
Explain in simple terms
Accountancy
answered on 04-Oct-23 11:09
1) What is meant by carrying amount? 2) Waht is the difference between cancellation and reduction of share capital ( give an example )
latest answer
Carrying amount means book value. Example asset valued after depreciation. Cancellation of share capital means already issued shares are cancelled In case of reduction, the corresponding amount would be debited with the amount of reduction
Nayani Agarwal
CA Inter
★ 1K+
1
279
Redemption of preference shares
Accountancy
answered on 04-Oct-23 14:49
In the first adjustment, though preference dividend is paid, why no entry? Can anybody say?
latest answer
You can assume it either ways and solve. make a note in the examination
HARI HARAN
CFA L1
★ 170
6
290
Investments
Accountancy
answered on 02-Oct-23 20:45
I didnt understand anything Can any one explain this .
latest answer
Since the share price reduces upon issue of rights to offset it to the extent of cost of investment it is applied to reduce cost and balance charged to p&l This is because while you bought investment you paid for the investment and right to buy additions( rights and bonus) and since the rights are sold and market price has reduced you are offsetting ur cost of investment to cost without right ( ex right cost) So for second question 10,000 should be credited to cost of investment and 2000 to p&l
V S R Krishna
CA Inter
★ 795
1
283