Bonus share issue

answered on 20-Mar-23 09:58

need answer with explanation

latest answer

Which part do you have a doubt in?

Suba s

CA Inter

★ 0

1

236

AS- 12 govt. Grants

answered on 15-Mar-23 16:42

In this question dep. Is to be charged for 3yrs+2 months right??

latest answer

The refund amount would be added to the carrying amount of Fixed Asset. And depreciate over the remaining period. 1 month in April does not have a material impact.

Rifhat Khan

CA Inter

★ 28K+

1

236

Investment accounts

answered on 15-Mar-23 21:46

How to find which is post acquisition and pre acquisition dividend in variable fixed bearing securities qn?

latest answer

Thank you

Pooja .

CA Final

★ 210

4

256

Pre and post Inc

answered on 15-Mar-23 16:59

What would be the case if these investments were sold in post inc period. What would be the treatment of int and profit on investments?

latest answer

Interest split on basis of time. Gain in post incoporation period.

Sugam SM

CA Foundation

★ 9K+

4

276

Liquidation of Companies

answered on 14-Mar-23 18:22

Is it compulsory to pay preference dividend along with preference share capital, in case of liquidation?

latest answer

Depends on the nature and shareholders agreement

Tharun Guntupalli

CA Inter

★ 3K+

1

269

No of marks awarded

answered on 14-Mar-23 18:34

So I was solving this problem and I got one adjustment wrong. However final answer was correct w.r.t pre and post inc. So how much marks would be awarded if this was for 10 marks? All workings are forming part of answers

latest answer

Show working for one. Next can be balancing figure

Sugam SM

CA Foundation

★ 9K+

6

265

Insurance claims

answered on 14-Mar-23 17:08

In this case policy amount is 120000...but insurable sum is 150000..avg clause applies... Still the amount of claim 120000..why?? Claim amount should be less than the policy amount right???

latest answer

Ok sir

pullagorla sivaram

CA Inter

★ 5

6

316

Unknown credit in bank

answered on 13-Mar-23 19:49

How company account for any unknown or untraceable cash deposit for there is no information available does it record it as a suspense account or not record in books but record in BRS

latest answer

Yes.

Anjali S

CA Inter

★ 0

6

307

CFS

answered on 14-Mar-23 09:10

Why provision for doubtful debt is added with general reserve in this sum.

latest answer

Thank you sir

Umayal Lakshmanan

CA Final

★ 6K+

2

271

CFS

answered on 14-Mar-23 09:10

Why adjustment for opening inventory will not have any impact in p and l.

latest answer

Thank you sir

Umayal Lakshmanan

CA Final

★ 6K+

2

267