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Amalgamation

Accountancy

answered on 29-Apr-23 14:29

If purchasing company issues Debentures at premium to Debenture holders of selling company Ley say 100 Rs Debentures Given For 105 Rs. In Books of purchasing Company what is the entry sir Assets A/c. Dr To business purchase A/c To Debentures A/c To Security Premium A/c. Do we need to recognise security premium separately ?

latest answer

Thank you

M Naresh

M Naresh

CA Final

3K+

2

539

Final accounts

Accountancy

answered on 01-May-23 04:58

Will dividend ( under adjustment ten ) be excluded since it says bod declared but shareholders have not APPRoved it ?

latest answer

Thank you Sir

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

5

520

AS 10

Accountancy

answered on 29-Apr-23 10:26

Sir here FV of asset given up is known although it lacks commercial substance. Then why we are measuring at book value

latest answer

Substance doesn’t change

Sugam SM

Sugam SM

CA Final

9K+

2

401

Bonus issue of shares

Accountancy

answered on 29-Apr-23 16:35

What does commencement of trading mean here, in issue of bonus shares?

latest answer

Okay sir

Garima Bhargava

Garima Bhargava

CA Inter

185

2

394

Mtp

Accountancy

answered on 29-Apr-23 15:41

In this question TR are given before deducting BD ...and BD is 2% of closing amt... Thus the value or BD will be 225,000÷98×2 right

latest answer

Ohk

Rifhat Khan

Rifhat Khan

CA Inter

28K+

3

481

Packaging materials

Accountancy

answered on 29-Apr-23 22:24

Is packaging materials (boxes, bags) considered as inventory ??

latest answer

Ok thanks

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

538

Mtp

Accountancy

answered on 29-Apr-23 01:10

Why stock reserve is not calculated on transfer of 300,000 from dept x to y

latest answer

Ohk 👍🏻

Rifhat Khan

Rifhat Khan

CA Inter

28K+

2

679

Capital vs Revenue Expenditure

Accountancy

answered on 28-Apr-23 16:01

I don't understand how repairs on an asset are considered Revenue Expenditure, such as the example of a damaged bike being repaired. The repairs ensure we can use the bike, so isnt it a capital Expenditure?

latest answer

Ah ok. Thank you, and Good Luck

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

6

438

Rtp may 23

Accountancy

answered on 28-Apr-23 12:42

In this question how this accumulated depreciation on office equipment has calculated...plz explain

latest answer

https://youtu.be/EReu5Ytvafs?t=3064 Covered in this video. Do subscribe to the channel so that you do not missout on these discussions. Thanks

Rifhat Khan

Rifhat Khan

CA Inter

28K+

1

476

AS 13

Accountancy

answered on 28-Apr-23 02:44

If the loss is permanent in case of Long Term Investment, should we write it as - Value to be reduced OR Provision for Diminution to be made?

latest answer

You will create provision and then u are going to reduce cost of inv.

Kriti Iyer

Kriti Iyer

CA Inter

3K+

1

424