Ins claim

answered on 01-May-23 14:15

Sir plz explain this formula. Why we took proportion of net trading loss.

latest answer

As normal term np= gp less(-) expenses incurred in ordinary course of business Np=gp-expense so, Gp=NP + expenses And we are required to find this in percentage form So, np + insured exp/ last year T/O into 100

Sugam SM

CA Foundation

★ 9K+

2

273

As 13

answered on 01-May-23 18:55

Can u explain 3rd point

latest answer

If shares are purchased on cum - right basis and the price of shares fall after the rights have been subscribed (since the TERP after rights issue will be lower), it will be reduced from investments value.

Reetikaa R

CA Final

★ 7K+

3

291

Computation of number of shares that can be bought back under debt equity ratio test

answered on 01-May-23 19:00

In ICAI study material, they have calculated using simultaneous equation method but in our video class sir explained the logic and did simple cross multiplication and found the answer. Whether it is mandatory to calculate as given in study material? whether marks will be given if logic is explained correctly and found the right answer?

latest answer

Thank you sir

Nivedha Balaji

CA Final

★ 9K+

5

268

Forex loss

answered on 01-May-23 16:48

Can someone explain part two ans pls I don’t get it

latest answer

Its available in notes in module. In the last days to exams pls dont focus on new problems or adjustments.

SANSKRITI BADRI 2111339

CA Final

★ 3K+

3

233

Ins claim

answered on 01-May-23 18:56

If salvaged stock is reconditioned And sale proceeds from such sale is less than cost How is it profit sir?

latest answer

It would be loss.

Sugam SM

CA Foundation

★ 9K+

1

249

Govt grant

answered on 01-May-23 11:07

How do u know whether a grant is a revenue grant ?

latest answer

If its not related to fixed asset or not in the nature of promoters contribution

SANSKRITI BADRI 2111339

CA Final

★ 3K+

1

224

Cash A/c

answered on 01-May-23 10:56

Treatment of Cash a/ c in Amalgamation of partnership? Should it transferred to merged firm or required for settlement of partners

latest answer

Based on question

Saravana Perumal

CA Inter

★ 3K+

1

231

Bonus issue of shares

answered on 01-May-23 10:23

Can bonus issue be made to preference share holders? Is it made by companies in reality too?

latest answer

The Companies Act, 2013 does not specify any specific type of shares under Bonus Issue, Therefore, a company can issue equity as well as preference share under bonus issue. Sec 63(1) states " A company may issue fully paid-up bonus shares to its members, in any manner whatsoever, "

Garima Bhargava

CA Inter

★ 185

2

268

Accounts

answered on 01-May-23 10:32

Plz show calculation of 2000rs on cr.side of investment account

latest answer

Yes it's correct 👍🏻

Rifhat Khan

CA Inter

★ 28K+

6

296

Redemption of preference shares

answered on 01-May-23 20:54

Here in the solution to find no. Of shares 71500 being 65000 + 10% the amount payable on redemption is taken but not in the case of similar model questions why.??

latest answer

Ok sir thank you so much🛐💞

Anirudh gupta

CA Inter

★ 27K+

20

358