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Analysis of profits - Dividend
Accountancy
answered on 17-Nov-25 12:48
Sir in this sum why we didn't calculate dividend in analysis of profits.
latest answer
In this specific question, it is assumed that dividend related adjustments are already done. Since divided payable appears in TB.
Priya Ravi
CA Inter
★ 55K+
1
135
Analysis of profit
Accountancy
answered on 17-Nov-25 12:50
Exe Ltd sum, In calculating analysis of profit, how comes 70 as Reserves and Surplus. [Video Time Stamp: 10:10]
latest answer
Pls follow the solution which I have done in class.
Priya Ravi
CA Inter
★ 55K+
1
140
Minority Interest
Accountancy
answered on 14-Nov-25 10:57
Sir if investment is 100% in subsidiary, then minority interest will not be there right? [Video Time Stamp: 26:40]
latest answer
Thank you Sir
Priya Ravi
CA Inter
★ 55K+
2
180
Revenue vs capital expenditure
Accountancy
answered on 14-Nov-25 16:45
The horn served us for 2 years. Now if we replace it, if its serves us for 2-3 years, then would that not be a capital expenditure? If not, why would you consider it as a revenue expenditure instead?
latest answer
The question is does the replacement of horn increase the performance of bike? If it does not we cannot capitalise since no new benefits are being obtained.
Devika Venu
CA Foundation
★ 5
1
198
Final Dividend
Accountancy
answered on 11-Nov-25 09:30
In this sum there is no outstanding shares (previous year) given. But we are taking 5000 as outstanding shares but which is purchased in current year only (15/04/x1) for calculation of final Dividend. How?
latest answer
You get dividend even if purchased in current year. There is no requirement to buy in last year
Priya Ravi
CA Inter
★ 55K+
1
211
CA inter examination ICAI
Accountancy
answered on 10-Nov-25 08:56
In advance accountong paper question paper they will ask about you preparation of the financial statements asked to financial statements so what is the correct procedure to start first Profit and loss Balance sheet Notes to accounts Working notes Mention format of correct?
latest answer
What ever you are comfortable with.
MPR Sanjay Kumar
CA Inter
★ 530
1
199
reduced cost approach
Accountancy
answered on 11-Nov-25 06:30
If I am using a reduced cost approach for a non-depreciable fixed asset, and there exist conditions for the grant that will be fulfilled only later, then when should I reduce the cost of the fixed asset by the grant value - at the time of receipt or at the time when all the conditions are met [Video Time Stamp: 05:48]
latest answer
Management makes a judgement based on don facts of case. It will be given in quest
Rithu V
CA Inter
★ 7K+
3
173
Disclosure
Accountancy
answered on 06-Nov-25 11:16
There is a doubt if we don't show the income or expenditure below 1 lakh or 1% of the revenue whichever is higher. Then doesn't that affect our profit & loss a/c if we don't show the immaterial things then should we not consider the immaterial things as expenses or income.
latest answer
We will show all income and expenses. They will be clubbed as other expenses and separate disclosure is not required.
Snehashis Mohanty
CA Inter
★ 35
1
249
Asset
Accountancy
answered on 30-Oct-25 22:46
Is cash is a fixed asset or current asset [Video Time Stamp: 06:07]
latest answer
Current asset
Sai Kasani
CA Foundation
★ 0
1
220
government grants
Accountancy
answered on 26-Nov-25 18:19
the question provides "How the refund of the grant is dealt with in the books of Mac Ltd. assuming that the company did not charge any depreciation for the year 2019-20", in this case there's no need to provide depreciation for 2 months right? when the question explicitly provides to assume no depreciation charged, assuming depreciation charged for 2 months will be wrong right?
latest answer
Yes.
Ritu Kotian
CA Inter
★ 19K+
8
202