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Formula
Accountancy
answered on 07-Nov-23 12:18
What are all includes in equity share holders funds and what are all in equity (for fm ratio chapter also)
latest answer
Same.
Sruthi sruthi
CA Final
★ 640
3
390
As 11
Accountancy
answered on 08-Nov-23 14:28
below sum , I solved using para 46 A.check whether my answer is correct or not . Note: As per para 46A. Exchange loss on settlement, transferred to p&l. Exchange loss on balance sheet date added to cost of asset as per para 46A
latest answer
Thank you sir 😊
Krishnan K
CA Inter
★ 5K+
6
484
Balance sheet
Accountancy
answered on 07-Nov-23 11:44
What is Dividend equalisation fund and its uses ?
latest answer
It is a fund created to set aside some amount for dividends payment in future.
kowselyaa G
CA Final
★ 2K+
1
411
ESOP
Accountancy
answered on 07-Nov-23 12:29
What does expected forfeiture per yer mean?
latest answer
Thanks Sir
kowselyaa G
CA Final
★ 2K+
12
441
NBFC
Accountancy
answered on 06-Nov-23 21:08
Jan 21 examination ques 3.b How will ICAI classify “75 accounts for 4 months ( Amt overdue 64 lakhs ) as STANDARD ASSET???
latest answer
NOOOOO. Once there are no payments towards interest or principle or on demand or call for a period of three months it becomes "NPA" not "SUB STANDARD" if it stays NPA for a period of 12 months or more it becomes "SUB STANDARD" understand the provisions clearly. Your confusing the provisions of banking company with nbfc. In banking an account automatically becomes SUB STANDARD on being classified as NPA. in NBFC an account becomes SUB STANDARD after 12 months or 18 months depending upon SI or NSI becoming NPA. Understand the difference.
kowselyaa G
CA Final
★ 2K+
11
501
Doubt
Accountancy
answered on 06-Nov-23 13:37
I am confused between BALANCE B/D AND BALANCE C/D please help. Even I am confused in Dr Bal and Cr bal of Cashbook and passbook
latest answer
Dr. Balance in cash book - Its an asset - receivable from bank Cr. balance in cash book - liability - payable to pank Dr. Balance in passbook - Bank has to receive / we have to pay Cr. balance in passbook - Bank has to pay us / we need to receive. So whereever you see a debit balance - think of it as an asset and receivable. So if bank passbook has dr balance - Bank's Asset - Bank to receive.
Prathmesh Kharul
US CMA All
★ 6K+
2
471
Adv acc Banking company
Accountancy
answered on 05-Nov-23 19:25
P & L Nov 19 ques paper Ques 4 a *How come they have computed interest / discount to be 114,85 for the yr 2018- 19?
latest answer
Loss on sale of investment should be deducted from profit on sale of investment or should be shown in operating expenses. Since it was deducted from interest and discount it should be added back.
kowselyaa G
CA Final
★ 2K+
5
394
Depreciation
Accountancy
answered on 06-Nov-23 09:21
6 X purchased a machinery on 1st January 2017 for Rs. 4 80,000 and spent Rs. 20,000 on its installation. On July 1, 2017 another machinery costing Rs. 2,00,000 was purchased On 1st July, 2018 the machinery purchased on 1st January, 2017 having become scrapped and was sold for Rs. 2,90,000 and on the same date fresh machinery was purchased for Rs. 5,00,000, Depreciation is provided annually on 31st December at the rate of 10% p.a. on written down value. Prepare Machinery account for the years 2017 and 2018 Loss on sale of Machine Rs. 1,37,500, Closing Balance of Machine: Rs.6,46,000
latest answer
What is your doubt in this?
Sonia Arora
CA Foundation
★ 0
2
766
AS 20 sum
Accountancy
answered on 05-Nov-23 19:26
In this sum...while computing BASIc EPS why convertible debentures issued taken in WANES?....................and the same (10lakh shares)is also divided by 2......why?
latest answer
You are welcome 🤗
kalees waran
CA Final
★ 195
5
476
NBFC
Accountancy
answered on 05-Nov-23 16:01
Can anyone share me NBFC handwritten notes.
latest answer
Thanks a lot
kowselyaa G
CA Final
★ 2K+
5
575