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Cash flow statement

Accountancy

answered on 13-Apr-23 20:42

In question just netprofit is mentioned whether net profit shall be considered as before tax or after tax?if we consider it as after tax then in the solution only the tax is added nd y dividend is not included in net profit aftetax to get net profit before tax

latest answer

Net profit is always assumed to be after tax as per P&L unless mentioned otherwise. Dividend is not debited to P&L and hence you do not add back.

Ujwal Reddy

Ujwal Reddy

CA Inter

7K+

1

485

Redemption of Debentures Illustration 4

Accountancy

answered on 13-Apr-23 20:46

Reference: redemption of debentures illustration 4 sum: in preparing bank account , why interest paid to debentures is not debited in the bank account.?

latest answer

You can assume that interest is not paid and solve accordingly. Or take an assumption that interest is already paid.

Vijay adithya

Vijay adithya

CA Inter

5K+

1

365

as 5

Accountancy

answered on 13-Apr-23 17:11

pleasse explain what is adhoc ex gratia and how it is adoption of new acc policy and not change?

latest answer

It is Gratuity payment and the company is adopting it and not change in ac policy coz there is no policy before for payment of gratuity.

Bhavya Kumar

Bhavya Kumar

CA Final

7K+

1

479

Consolidation financial statements

Accountancy

answered on 13-Apr-23 21:05

If general reserve opening is not given,in that case opening : 0 is it right

latest answer

Yes.

OMKAR REDDY

OMKAR REDDY

CA Inter

6K+

1

415

Branch account

Accountancy

answered on 14-Apr-23 10:18

Can anyone plz solve branch stock a/c at IP

latest answer

List price is cost +100% i.e 200 Invoice price is 200 - 20%=160 Then 50000*40/200= 10000

Rifhat Khan

Rifhat Khan

CA Inter

28K+

3

619

How its came ?? Doubt ratio

Accountancy

answered on 13-Apr-23 10:02

Dear friends the chapter profit or loss pre and post incorporation, in this screen shot basis of allocation 2:7 for pre 1,20,000 for post 4,20,000 How they are deviating this amount ,plse explain me

latest answer

Thanks 😊 friend

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

5

522

Redemption of debentures

Accountancy

answered on 13-Apr-23 21:44

In this question, why DRR there's no need to make DRR

latest answer

https://youtu.be/lXhl2rhCjBU

Rifhat Khan

Rifhat Khan

CA Inter

28K+

3

409

BuyBack of Securities

Accountancy

answered on 14-Apr-23 00:31

1. How in these question Securities premium used for transferring amount to CRR

latest answer

Thanks Sir

Prethivi Rajan

Prethivi Rajan

CA Final

9K+

6

669

CD and BD carried down or brought down doubt help me

Accountancy

answered on 12-Apr-23 19:54

Dear friends , while preparing ledger account we are using To balance b/d By balance c/d Which means brought down and carried down Actually it means what??? Plse explain And how can I found...some ledger ac b/ d will in debit side sometimes it will in credit side Why it changings??? Explain me

latest answer

Now I understand friend ...thanks

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

5

6K+

CRR and SLR

Accountancy

answered on 11-Apr-23 11:18

I need answer for these 2 questions

latest answer

How to present answers

Kavitha Krishnan

Kavitha Krishnan

CA Inter

665

4

517