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Accountancy

answered on 27-Oct-23 05:23

Is this C.B to P.B right?, then how would the answer like this, plss explain 😓

latest answer

Pass book payments side means cash book credit side . So think it as cash book overdraft balance and do

Rjrnrhrhr Ndhdhdb

Rjrnrhrhr Ndhdhdb

CA Foundation

2K+

5

632

MTP1

Accountancy

answered on 25-Oct-23 08:42

Here, since there is not mentioned how many directors are there then why 11% has taken

latest answer

11% is he maximum limit as per Companies Act 2013

Rifhat Khan

Rifhat Khan

CA Inter

28K+

1

465

QnA

Accountancy

answered on 25-Oct-23 09:36

Here, why salvage value is not deducted from actual loss

latest answer

👍

Rifhat Khan

Rifhat Khan

CA Inter

28K+

4

466

SBR and Afm acca

Accountancy

answered on 26-Oct-23 20:18

Suraj sir are u planning to launch classes of SBR Also anything about afm?

latest answer

Okay sir

Sugam SM

Sugam SM

CA Final

9K+

2

462

departmental

Accountancy

answered on 23-Oct-23 17:02

can someone help me calculate inter-departmental sale along with working notes for the same

latest answer

i could solve it on my own, later, thankyou

disha sharma

disha sharma

CA Inter

1K+

2

381

Redemption of Preference shares and Bonus Issue

Accountancy

answered on 22-Oct-23 12:46

Capital Reserve (Realized in cash) - Use only for Fresh issues of bonus shares. Capital Reserve (available for distribution of dividend) - Use it for Redemption of preference shares and Fresh issue of bonus shares. I concluded the above statement by analysing the previous year papers, MTPs and RTPs. Doubt : Can we use Capital reserve / investment allowance reserve (available for distribution of dividend) to issue bonus shares by way of converting partly paid up shares into fully paid up?

latest answer

Yes cap res.. and investments allowance reserve can be used

Nandishwaran R

Nandishwaran R

CA Inter

355

2

519

As2

Accountancy

answered on 22-Oct-23 09:48

While caluclating NRV Commision payable to agents is decrease or not ?

latest answer

Ok sir thank you

Sri ram Pothineni

Sri ram Pothineni

CA Inter

11K+

6

470

AS20 EARNING PER SHARE

Accountancy

answered on 25-Oct-23 19:52

IN ADVANCE ACCOUNT In AS20 :-"earning per share(EPS)", If there any chance ,diluted EPS is more than  current EPS?

latest answer

Thank you sir

C ANNBU PALANIAPPAN

C ANNBU PALANIAPPAN

CA Inter

5K+

5

422

Internal reconstruction

Accountancy

answered on 22-Oct-23 13:30

In some of internal reconstruction ques , bank overdraft is included in a bank account and in some ques it hasn't included , should it be included ? It is a loan ..so how can we include it in Bank account

latest answer

OD accounts generally have both the characteristics of Loan as well as bank account, when they have negative balance should form part of loans (liability) , and when have positive balance should be part of Cash and cash equivalents from the prospective of a company.

Samridhi Sareen

Samridhi Sareen

CA Inter

830

1

401

AS 18

Accountancy

answered on 19-Oct-23 11:07

In this question, R ltd hold 10% shares directly and 15% shares indirectly through subsidiary S ltd in T ltd. It means R ltd has significant influence (25%) on T ltd hence related party under para 3(b). 👉ICAI solution 10% directly + 9% indirectly ( 60% of 15%) =19% Hence no significant influence, not related party, no disclosure. Also T ltd is listed company it means AS is not applicable. How to approach this question ❓

latest answer

Ignore the listing company aspect. Also there is a significant inflence because R ltd can decide what S ltd votes for in T ltd.

Jitendra Kumar

Jitendra Kumar

CA Final

41K+

1

366